Salon Today - January 2009 - (Page 17) n Employs an average of 35 employees. n Does not have a partner and performs client services for 27 hours per week. n >Growth through Time With years of data under SALON TODAY’s belt, we’ve gained the added advantage of being able to examine success over time. By looking at the big picture, we can broaden the perspective and use history to capture an illuminating collective likeness. Employs a full-time manager who does not perform client services. TRENDS OVER TIME: MONEY KEEPS ROLLING IN: In 2003, the average gross revenue of ST200 salons as a whole was $1,025,730. That rose more than a half million to reach the 2007 average gross revenue of $1, 596,780. Retail sales mimic the trend with an average of $237,670 in sales for 2003 swelling to $282,755 for 2007. SALARIES FOLLOW SUIT: Stylists who work in ST200 salons are earning more as well. The average stylist compensation in 2004 was $45,000—which grew to $47,399 in 2007. CONSISTENT FACTORS: Even more impressive is that growth occurred while other factors remained relatively stable. Although there was a slight increase in the average price for a shampoo, cut and style, from $44 to $47, the 2009 ST200 salons collectively spent less on their latest remodels and marketing and advertising budgets used to achieve that growth. GROWTH SLOWDOWN: The overall picture looks good, yet it’s evident that the rate these salons are growing is slowing, fairly dramatically. In 2006, the average growth rate of the ST200 salons was 30 percent. That slowed to 25 percent for last year’s group and down further to 20 percent this year. n Carries an average of 2.2 retail lines, and sold an average of $282,755 in retail products for 2007. n Spent an average of $144,175 on last remodel. >Guide to the ST200 20 22 30 n Anticipates the need for a remodel in the future, but not within the next 12 months. SALON TODAY 200 Index $250,000 to $499,999 $500,000 to $999,999 $1 million to $1,999,999 $2 million plus 44 60 www.salontoday.com January 2009 | 17 http://www.salontoday.com
Table of Contents Feed for the Digital Edition of Salon Today - January 2009 Salon Today - January 2009 Contents Editor's Note Reception The 12th Annual SALON TODAY 200: Portaits of Success Salon Today 200: $250,00 to $499,999 Salon Today 200: $500,000 to $999,999 Salon Today 200: $1 million to $1,999,999 Salon Today 200: $2 million plus Trademarks Products A Time for Change Salon Today - January 2009 Salon Today - January 2009 - Salon Today - January 2009 (Page Cover1) Salon Today - January 2009 - Salon Today - January 2009 (Page Cover2) Salon Today - January 2009 - Salon Today - January 2009 (Page 1) Salon Today - January 2009 - Salon Today - January 2009 (Page 2) Salon Today - January 2009 - Salon Today - January 2009 (Page 3) Salon Today - January 2009 - Contents (Page 4) Salon Today - January 2009 - Contents (Page 5) Salon Today - January 2009 - Contents (Page 6) Salon Today - January 2009 - Contents (Page 7) Salon Today - January 2009 - Contents (Page 8) Salon Today - January 2009 - Contents (Page 9) Salon Today - January 2009 - Editor's Note (Page 10) Salon Today - January 2009 - Editor's Note (Page 11) Salon Today - January 2009 - Reception (Page 12) Salon Today - January 2009 - Reception (Page 13) Salon Today - January 2009 - Reception (Page 14) Salon Today - January 2009 - Reception (Page 15) Salon Today - January 2009 - The 12th Annual SALON TODAY 200: Portaits of Success (Page 16) Salon Today - January 2009 - The 12th Annual SALON TODAY 200: Portaits of Success (Page 17) Salon Today - January 2009 - The 12th Annual SALON TODAY 200: Portaits of Success (Page 18) Salon Today - January 2009 - The 12th Annual SALON TODAY 200: Portaits of Success (Page 19) Salon Today - January 2009 - The 12th Annual SALON TODAY 200: Portaits of Success (Page 20) Salon Today - January 2009 - The 12th Annual SALON TODAY 200: Portaits of Success (Page 21) Salon Today - January 2009 - Salon Today 200: $250,00 to $499,999 (Page 22) Salon Today - January 2009 - Salon Today 200: $250,00 to $499,999 (Page 23) Salon Today - January 2009 - Salon Today 200: $250,00 to $499,999 (Page 24) Salon Today - January 2009 - Salon Today 200: $250,00 to $499,999 (Page 25) Salon Today - January 2009 - Salon Today 200: $250,00 to $499,999 (Page 26) Salon Today - January 2009 - Salon Today 200: $250,00 to $499,999 (Page 27) Salon Today - January 2009 - Salon Today 200: $250,00 to $499,999 (Page 28) Salon Today - January 2009 - Salon Today 200: $250,00 to $499,999 (Page 29) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 30) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 31) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 32) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 33) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 34) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 35) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 36) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 37) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 38) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 39) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 40) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 41) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 42) Salon Today - January 2009 - Salon Today 200: $500,000 to $999,999 (Page 43) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 44) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 45) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 46) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 47) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 48) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 49) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 50) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 51) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 52) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 53) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 54) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 55) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 56) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 57) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 58) Salon Today - January 2009 - Salon Today 200: $1 million to $1,999,999 (Page 59) Salon Today - January 2009 - Salon Today 200: $2 million plus (Page 60) Salon Today - January 2009 - Salon Today 200: $2 million plus (Page 61) Salon Today - January 2009 - Salon Today 200: $2 million plus (Page 62) Salon Today - January 2009 - Salon Today 200: $2 million plus (Page 63) Salon Today - January 2009 - Salon Today 200: $2 million plus (Page 64) Salon Today - January 2009 - Salon Today 200: $2 million plus (Page 65) Salon Today - January 2009 - Salon Today 200: $2 million plus (Page 66) Salon Today - January 2009 - Salon Today 200: $2 million plus (Page 67) Salon Today - January 2009 - Salon Today 200: $2 million plus (Page 68) Salon Today - January 2009 - Trademarks (Page 69) Salon Today - January 2009 - Products (Page 70) Salon Today - January 2009 - Products (Page 71) Salon Today - January 2009 - A Time for Change (Page 72) Salon Today - January 2009 - A Time for Change (Page Cover3) Salon Today - January 2009 - A Time for Change (Page Cover4)
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