Address
City: Torrington
State: Connecticut
Postal Code: 06790
Country: United States
Business facts
Estimated annual revenue~$65.2K
Estimated employees~2
Estimate based on moderate signals
Area statistics (06790)
Population35,563
Median household income$66,762
Source: US Census ACS
About
Braidfactory is located in Torrington, Connecticut. This business is working in the following industry: Hair Salon.
Market analysis
Earning below its category median in a growing category (Hair Salon).
EstimateCategory trend: 2024, +3.5%
Revenue trend (modeled)
~$49.2K2019
~$37.5K2020
~$50.8K2021
~$56.8K2022
~$61.0K2023
~$65.2K2024
Modeled from official industry statistics+5.8%/yr since 201980% confidence band: ±51%
Property
Lot size4,356 sq ft
ZoningLB
CountyNorthwest_hills_planning_region
Parcel ownerFALCONE GALE
Assessed value$272.4K
Last sale$10.0K (8/17/2001 0:00)
On this lotshared with 2 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Hair Salon in Connecticut | 2,254 | ~$451.4M | ~$200.3K | ~$77.2K | 4.9★ | 0.8× |
Category revenue trend2024: +3.5%2023: +6.3%2022: +14.1%2021: +27.4%Modeled from business-level estimates
Chain pressure40 chains expanding in this category, led by Q Nails, Supercuts, V.I.P. Hair (+158 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 41 | ~$80.0M | ~$2.0M | ~$388.5K | 211 | ~$24.2M | 0.2× |
| Other service activities | 3 | ~$769.3K | ~$256.4K | — | 7 | — | — |
1 km area (all businesses): median from the 34 of 41 businesses with estimates
Estimate
Area conditions (06790)
Population35,563 ±121
Median household income$66,762 ±$5,375
Median home value$181,100
Bachelor's degree or higher0.2%
Unemployment rate0.1%
Source: US Census ACS