Baked Goods Stores Revenue Benchmarks

How much does the average baked goods stores business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$1.8M

per year

💰

Profit Margin

4.0%

industry average

📈

Revenue / Employee

$211K

per year

👤

Total Businesses

2,310

in the US

🏢

Est. Owner Income

$74K

small business avg

💵

Labor Cost

14.0%

of revenue

👥

Avg Employee Wage

$33K

per year (BLS)

💼

Market Saturation

0.7

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$357K
5-9 employees
$1.0M
10-19 employees
$2.0M
20-99 employees
$4.5M
100-499 employees
$10.7M
500+ employees
$130.9M

🏆 Highest Revenue States

1.Hawaii$7.1M avg2.Iowa$5.1M avg3.Pennsylvania$4.2M avg4.Utah$4.1M avg5.Alabama$3.5M avg6.North Dakota$3.2M avg7.Colorado$3.2M avg8.Wisconsin$2.7M avg9.Missouri$2.7M avg10.Tennessee$2.7M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

14.9%

openings/year

Closure Rate

10.26%

closings/year

Net Job Growth

+5.74%

annual

Businesses Closed

1,785

in 2023

Firm Count Trend

19
20
21
22
23
16,348 firms18,236 firms

💡 Should You Start a Baked Goods Stores Business?

Startup Cost

$75K – $400K

Break-Even

39 months

5-Year Survival Rate

48.0%

🆚 Related Industries

Gasoline Stations with Convenience Stores$6.0MElectronic Shopping and Mail-Order Houses$5.8MSupermarkets and Other Grocery (except Convenience) Stores$16.2MConvenience Stores$879KBeer, Wine, and Liquor Stores$1.1M

Compare Baked Goods Stores revenue with other industries:

vs Gasolinevs Electronicvs Supermarkets