Charter Bus Industry Revenue Benchmarks

How much does the average charter bus industry business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$2.1M

per year

💰

Profit Margin

5.0%

industry average

📈

Revenue / Employee

$122K

per year

👤

Total Businesses

1,005

in the US

🏢

Est. Owner Income

$105K

small business avg

💵

Labor Cost

35.0%

of revenue

👥

Avg Employee Wage

$52K

per year (BLS)

💼

Market Saturation

0.3

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$215K
5-9 employees
$781K
10-19 employees
$1.8M
20-99 employees
$4.5M
100-499 employees
$17.2M
500+ employees
$28.6M

🏆 Highest Revenue States

1.Connecticut$5.2M avg2.Idaho$4.7M avg3.Tennessee$4.5M avg4.Kansas$3.8M avg5.Oklahoma$3.7M avg6.New Jersey$3.6M avg7.Arizona$3.3M avg8.Colorado$3.2M avg9.Nebraska$3.2M avg10.Indiana$3.0M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

7.8%

openings/year

Closure Rate

8.48%

closings/year

Net Job Growth

+1.72%

annual

Businesses Closed

67

in 2023

Firm Count Trend

19
20
21
22
23
1,013 firms895 firms

💡 Should You Start a Charter Bus Industry Business?

Startup Cost

$50K – $250K

Break-Even

17 months

5-Year Survival Rate

50.0%

🆚 Related Industries

General Freight Trucking, Long-Distance, Truckload$1.8MGeneral Freight Trucking, Local$984KSpecialized Freight (except Used Goods) Trucking, Local$1.2MFreight Transportation Arrangement$3.8MSpecialized Freight (except Used Goods) Trucking, Long-Distance$2.9M

Compare Charter Bus Industry revenue with other industries:

vs Generalvs Generalvs Specialized