Clothing Accessories Stores Revenue Benchmarks

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

Average Revenue

$2.2M

per year

💰

Profit Margin

4.0%

industry average

📈

Revenue / Employee

$159K

per year

👤

Total Businesses

3,657

in the US

🏢

Est. Owner Income

$89K

small business avg

💵

Labor Cost

20.0%

of revenue

👥

Avg Employee Wage

N/A

per year (BLS)

💼

Market Saturation

1.1

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$261K
5-9 employees
$911K
10-19 employees
$1.8M
20-99 employees
$5.3M
100-499 employees
$19.4M
500+ employees
$252.2M

🏆 Highest Revenue States

1.Nevada$5.2M avg2.Hawaii$4.7M avg3.Texas$2.8M avg4.California$2.8M avg5.New York$2.7M avg6.Massachusetts$2.4M avg7.Illinois$2.2M avg8.Washington$2.0M avg9.Florida$1.9M avg10.North Carolina$1.8M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

7.19%

openings/year

Closure Rate

6.3%

closings/year

Net Job Growth

+0.2%

annual

Businesses Closed

3,155

in 2023

Firm Count Trend

19
20
21
22
23
31,825 firms30,324 firms

💡 Should You Start a Clothing Accessories Stores Business?

Startup Cost

$75K – $400K

Break-Even

32 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 Clothing Accessories Stores revenue with other industries:

vs Gasolinevs Electronicvs Supermarkets