Apprenticeship Training Revenue Benchmarks
The average apprenticeship training business in the United States generates $1.0M in annual revenue, according to the U.S. Census Bureau Statistics of U.S. Businesses (SUSB 2021). There are 1,107 apprenticeship training businesses in the U.S., employing 12,911 workers with an average profit margin of 10.0%. The average employee in this industry earns $58K per year (Bureau of Labor Statistics QCEW 2023).
What Does a Apprenticeship Training Business Actually Do?
Formal apprenticeship programs — union training centers (electricians, plumbers, ironworkers), Registered Apprenticeship (DOL).
Who buys: Apprentices (mostly free — employer pays via wage rate); trade unions run programs.
Average Revenue
$1.0M
per year
Profit Margin
10.0%
industry average
Revenue / Employee
$88K
per year
Total Businesses
1,107
in the US
Est. Owner Income
$102K
small business avg
Labor Cost
55.0%
of revenue
Avg Employee Wage
$58K
per year (BLS)
Market Saturation
0.3
firms per 100K people
How Much Do Apprenticeship Training Charge?
Formal apprenticeship programs (union or employer-sponsored). Fees vary; often paid by employer or offset by wages.
| Service | Typical range |
|---|---|
Trade union apprenticeship | $0–$1,500 (mostly employer-paid) |
Program length | 2–5 years typical |
Apprentice starting wage | 40–60% of journeyman |
Ranges based on industry rate surveys and typical published pricing. Actual quotes vary by city, business size, and job complexity.
Complete apprenticeship training business plan
A 12-section data-backed business plan for a apprenticeship training business — executive summary, market analysis, competitive landscape, revenue model, 3-year financial projections, operations, marketing, staffing, funding request. Pre-populated with real Census, IRS, and BLS data on this industry. Free to view.
Cost Structure — Where Every $100 in Revenue Goes
Approximate P&L breakdown for the apprenticeship training industry. Labor share and net profit are grounded in Census SUSB and IRS SOI data. Other lines are split using sector-typical ratios.
| Category | Per $100 revenue | Per typical business | What's in it |
|---|---|---|---|
Curriculum & supplies | $3 | $36K | Textbooks, learning software, teaching aids, technology for students. |
Wages & benefits | $55 | $562K | Payroll for all employees at the business (owner comp not included for small owner-operators). |
Rent & facilities | $9 | $89K | Rent or mortgage on business location plus utilities tied to the space. |
Marketing & advertising | $3 | $36K | Google/Meta ads, SEO, print, referral fees, event sponsorships. |
Other operating costs | $19 | $197K | Insurance, licensing, IT, admin, professional development. |
Net profit | $10 | $102K | What remains for the owner or shareholders after all business expenses. |
Directionally accurate for a typical business in the industry. Individual businesses vary widely — a franchise may run a very different cost mix from an independent, and older established businesses often have lower labor share than newer ones.
Average Revenue by Business Size
Industry Dynamics (Census BDS 2023)
New Business Rate
12.57%
openings/year
Closure Rate
10.09%
closings/year
Net Job Growth
+3.04%
annual
Businesses Closed
561
in 2023
Firm Count Trend
Should You Start a Apprenticeship Training Business?
Startup Cost
$50K – $250K
Break-Even
18 months
5-Year Survival Rate
50.0%
Related Industries
Frequently Asked Questions
- What does a apprenticeship training business do?
- Formal apprenticeship programs — union training centers (electricians, plumbers, ironworkers), Registered Apprenticeship (DOL). Apprentices (mostly free — employer pays via wage rate); trade unions run programs.
- How much do apprenticeship training charge?
- Formal apprenticeship programs (union or employer-sponsored). Fees vary; often paid by employer or offset by wages. See the pricing table above for typical rates by service type.
- How much does the average apprenticeship training make per year?
- The average apprenticeship training business generates $1.0M in annual revenue, based on U.S. Census Bureau data (SUSB 2021). After expenses, the estimated owner profit is $102K per year at a 10.0% profit margin.
- How many apprenticeship training businesses are there in the US?
- There are 1,107 apprenticeship training businesses operating in the United States, employing a total of 12,911 workers.
- How much does it cost to start a apprenticeship training business?
- Startup costs for a apprenticeship training business typically range from $50K to $250K, with a 5-year survival rate of 50.0%.
- What is the average salary in the apprenticeship training industry?
- The average employee in the apprenticeship training industry earns $58K per year, according to Bureau of Labor Statistics data (QCEW 2023).
Industry Growth & Survival
The apprenticeship training industry is actively growing — adding jobs at a net rate of 3.0% per year. New establishments are opening faster than existing ones close (12.6% entry vs 10.1% exit), indicating healthy demand.
Approximately 59% of apprenticeship training businesses survive their first 5 years. This is near the national average (~50%), with typical business risk. In 2023, 561 firms in this industry closed permanently.
Employment & Wages
The average employee in the apprenticeship training industry earns $58,390/year. This is near the national average of ~$65K. With 1,636 establishments employing 15,760 people, the typical business has about 10 employees.
Industry Trend (2000–2023)
The apprenticeship training industry has grown 28% since 2000 (from 5,301 to 6,785 firms).
See full historical statistics →Compare Apprenticeship Training revenue with other industries: