Sharpcuts

4.7★★★★★(465 reviews)

524 W Meeker St # 5, Kent, WA 98032

Kent, Washington, Washington (state), United States

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Business facts

Estimated annual revenue~$219.1K
Estimated employees~3
In business since2002
Estimate based on strong signals

Contacts

Principal

OWNER

Area statistics (98032)

Population39,126
Median household income$76,683
Source: US Census ACS

About

Thuy Le is the owner of Sharpcuts, with 21 years of experience in hair cutting and 15 years of business ownership. Sharpcuts offers affordable, high-quality haircuts for the whole family, and Thuy is happy to recreate any hairstyle or haircut based on customer-provided pictures.

📅
Appointment Only
Yes
🚲
Bike Parking
Yes
💳
Credit Cards
Apple Pay, Cash, Debit Card, NFC, Yes
👶
Good For Kids
Yes
🅿️
Parking
Street Parking, Parking Lot, Private Lot
💰
Price
$
🚻
Restroom
Yes
Wheelchair Accessible
Parking, Yes
Categories: Hair Salon.
ISIC Codes: 9602.

Market analysis

Earning above its category median in a growing category (Hair Salon).

EstimateCategory trend: 2024, +3.5%

Revenue trend (modeled)

~$219.9K2019
~$157.2K2020
~$178.4K2021
~$207.3K2022
~$219.1K2023
~$219.1K2024
Modeled from official industry statistics-0.1%/yr since 201980% confidence band: ±42%

Company profile

Incorporated2002 (WA)
Employees (reported band)8-17
Observed

Property

Lot size0.41 acres
Land use63
CountyKing
On this lotshared with 13 other businesses
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Hair Salon in Washington (state)4,186~$1.1B~$271.7K~$148.2K4.8★1.5×
Category revenue trend2024: +3.5%2023: +6.3%2022: +14.1%2021: +27.4%Modeled from business-level estimates
Chain pressure65 chains expanding in this category, led by Q-Nails, Elan, Great Clips (+378 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)878~$1.2B~$1.4M~$696.8K5,051~$450.0M0.3×
Other service activities91~$69.2M~$760.5K299

1 km area (all businesses): median from the 691 of 878 businesses with estimates

Estimate

Area conditions (98032)

Population39,126 ±2,066
Median household income$76,683 ±$6,232
Median home value$432,500
Bachelor's degree or higher0.2%
Unemployment rate0.1%
Source: US Census ACS
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