Baked Goods Stores in Minnesota
Revenue benchmarks for baked goods stores businesses operating in Minnesota.
#23 of 50 states-18.1% vs national avg
Average Revenue
$1.5M
per year
Businesses
51
in Minnesota
Revenue / Employee
$166K
per year
Labor Cost
14.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
0.9
firms per 100K in MN
Total Revenue
$76.8M
all firms in MN
Total Employees
463
in MN
How Minnesota Compares
National Average$1.8M
Minnesota$1.5M
Difference$332K (-18.1%)