Apprenticeship Training in Minnesota
Revenue benchmarks for apprenticeship training businesses operating in Minnesota.
#11 of 50 states-3.9% vs national avg
Average Revenue
$982K
per year
Businesses
29
in Minnesota
Revenue / Employee
$80K
per year
Labor Cost
55.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.5
firms per 100K in MN
Total Revenue
$28.5M
all firms in MN
Total Employees
355
in MN
How Minnesota Compares
National Average$1.0M
Minnesota$982K
Difference$40K (-3.9%)