What does a financially successful salon business really look like?

The Qnity Institute collected and analyzed profit and loss statements from salons to provide fresh data on salon profitability benchmarks and industry trends.The 2024 Salon P&L Study by the Qnity Institute is the industry’s only current, objective financial benchmarking study based on actual profit and loss (P&L) statements.

It delivers actionable insights, reliable benchmarks, and a clear framework to improve profitability—especially for salons with 1 to 10 locations. Compiled and analyzed by experienced analysts, the study fills a major data gap in an industry often dominated by opinion and speculation.

Disclaimer and Limits of Use

This report is intended for internal use by authorized recipients only. The contents are proprietary and confidential to Qnity Institute and are protected under intellectual property laws. Redistribution, reproduction, or copying—whether in part or in whole—without prior written consent from Qnity is strictly prohibited.

The benchmarks, data, and insights provided in this report are for informational purposes only and are not to be interpreted as financial, legal, or operational advice. These materials may not be used in any coaching, advisory, or consulting capacity outside of Qnity without express written authorization.

Importantly, this report may not be uploaded, shared, or processed through any artificial intelligence (AI) platform, tool, or system, whether public or private, without prior written approval from Qnity Institute.

Qnity has made every effort to ensure the accuracy of the data included; however, all information was self-reported by participants and should be interpreted as directional rather than absolute. This report is not an audit and should not be used as the sole basis for business decisions.

By accessing this report, the reader agrees to comply with these terms and acknowledges the limits of its use.