Consumer Electronics Repair and Maintenance Revenue Benchmarks

How much does the average consumer electronics repair and maintenance business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$895K

per year

💰

Profit Margin

8.0%

industry average

📈

Revenue / Employee

$102K

per year

👤

Total Businesses

1,632

in the US

🏢

Est. Owner Income

$72K

small business avg

💵

Labor Cost

38.0%

of revenue

👥

Avg Employee Wage

N/A

per year (BLS)

💼

Market Saturation

0.5

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$139K
5-9 employees
$557K
10-19 employees
$1.3M
20-99 employees
$4.6M
100-499 employees
$8.0M
500+ employees
$54.9M

🏆 Highest Revenue States

1.Minnesota$2.4M avg2.New York$1.7M avg3.Georgia$1.5M avg4.New Jersey$1.3M avg5.Oklahoma$1.1M avg6.California$1.1M avg7.Idaho$1.1M avg8.Missouri$1.0M avg9.Tennessee$996K avg10.Kansas$981K avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

8.31%

openings/year

Closure Rate

10.84%

closings/year

Net Job Growth

-1.31%

annual

Businesses Closed

889

in 2023

Firm Count Trend

19
20
21
22
23
9,659 firms8,916 firms

💡 Should You Start a Consumer Electronics Repair and Maintenance Business?

Startup Cost

$30K – $150K

Break-Even

15 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Religious Organizations$559KGeneral Automotive Repair$563KBeauty Salons$399KNail Salons$253KAutomotive Body, Paint, and Interior Repair and Maintenance$1.0M

Compare Consumer Electronics Repair and Maintenance revenue with other industries:

vs Religiousvs Generalvs Beauty