Boat Building Revenue Benchmarks
How much does the average boat building business make? Here are revenue benchmarks based on Census Bureau data.
Average Revenue
$12.1M
per year
Profit Margin
10.0%
industry average
Revenue / Employee
$237K
per year
Total Businesses
848
in the US
Est. Owner Income
$1.2M
small business avg
Labor Cost
22.0%
of revenue
Avg Employee Wage
$59K
per year (BLS)
Market Saturation
0.3
firms per 100K people
💰 Average Revenue by Business Size
1-4 employees
$723K
5-9 employees
$1.3M
10-19 employees
$2.6M
20-99 employees
$10.0M
100-499 employees
$44.7M
500+ employees
$214.3M
📊 Industry Dynamics (Census BDS 2023)
New Business Rate
7.6%
openings/year
Closure Rate
6.46%
closings/year
Net Job Growth
+1.62%
annual
Businesses Closed
75
in 2023
Firm Count Trend
19
20
21
22
23
1,214 firms1,174 firms
💡 Should You Start a Boat Building Business?
Startup Cost
$50K – $250K
Break-Even
1 months
5-Year Survival Rate
50.0%
🆚 Related Industries
Compare Boat Building revenue with other industries: