Summary

SALON INNOVATIONS INC.

Founded in 1975

Description

Originally named Warehouse Beauty Supply, Salon Innovations has been a distributor in the beauty industry since the early 1980s. Tasked with being the preferred distributor and for Great Clips salons and the manufacturer of the Great Clips exclusive brands, we have built our business with one focus, the customer. We currently service over 4,400 Great Clips salons, as well as thousands of stylists across the nation, selling national and exclusive brands.

Strengths

  • SALON INNOVATIONS INC. has a strong market share in their industry
  • Demonstrating revenue growth that is faster than the industry average
  • The number of employees is growing faster than the industry average

Weaknesses

  • Revenue generated per employee is less than the industry average
  • Variance of revenue growth is more than the industry average
  • Since SALON INNOVATIONS INC. was founded, the company has experienced slower revenue growth than the industry average

Annual Revenue

SALON INNOVATIONS INC.'s annual revenue

$16175000

Based on Kona Equity data

  • Revenue per employee

    $192559

  • Variance of revenue growth

    163.85

  • Annual revenue growth since founding

    $344148

  • Revenue growth rate from first known quarter to current

    267.6%

Employee Count

84 employees

  • Employee growth rate from first known quarter to current

    281.8%

Executives

Joanne Todd

Vice President, Purchasing

j**@saloninnovations.com

G Score - 3

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G1 Revenue is greater than the industry median.
  • G3 Revenue growth rate from the first known quarter to current is higher than the industry average.
  • G4 Employee growth rate from the first known quarter to current is higher than the industry average.

Location

4700 Quebec Ave. North 
Minneapolis, MN  55428

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Key Information

  • Name: SALON INNOVATIONS INC.
  • Category: Consumer services
  • Industry: Beauty Supply Store
  • SIC: 2844; 284
  • NAICS: 4238; 423850
  • Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with SALON INNOVATIONS INC..

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