
LIMERICK has been revealed as the second most lucrative place to run a salon or spa.
According to research, carried out byย Phorest Salon Software, Limerick salons made almost half a million on revenue last year.
It was Monaghan that made the top of the list, with salons there making an average of โฌ481,534 in revenue over the last 12 months, followed by Limerick, with salons there taking in an average of โฌ466,659.
Next up is Dublin in third place with average revenues of โฌ463,394. Rounding out the top 10 are Westmeath (โฌ449,941), Cork (โฌ418,415), Donegal (โฌ401,095), Kerry (โฌ399,340), Carlow (โฌ392,680), Louth (โฌ389,299) and Kildare (โฌ374,268).
Ronan Perceval, CEO of Phorest Salon Software, commented: โWe hope this information helps would-be salon owners to see if they can afford to take the plunge and open a salon in their city, or current salon owners to find the right spot to expand.
“Of course revenue is only one side of profitability – you also need to take into account costs like rent and salaries in each county to make sure it works for you – but knowing the average revenue you can expect can help you work out the kind of rent and other overheads you can afford.โ he added.