Boat Building in Minnesota
Revenue benchmarks for boat building businesses operating in Minnesota.
#9 of 50 states+66.6% vs national avg
Average Revenue
$20.1M
per year
Businesses
14
in Minnesota
Revenue / Employee
$234K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.2
firms per 100K in MN
Total Revenue
$281.1M
all firms in MN
Total Employees
1,203
in MN
How Minnesota Compares
National Average$12.1M
Minnesota$20.1M
Difference+$8.0M (+66.6%)