Commercial Bakeries in Minnesota
Revenue benchmarks for commercial bakeries businesses operating in Minnesota.
#15 of 50 states+48.4% vs national avg
Average Revenue
$17.3M
per year
Businesses
37
in Minnesota
Revenue / Employee
$255K
per year
Labor Cost
18.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.6
firms per 100K in MN
Total Revenue
$641.7M
all firms in MN
Total Employees
2,513
in MN
How Minnesota Compares
National Average$11.7M
Minnesota$17.3M
Difference+$5.7M (+48.4%)