Consumer Electronics Repair and Maintenance Revenue Benchmarks

The average consumer electronics repair and maintenance business in the United States generates $895K in annual revenue, according to the U.S. Census Bureau Statistics of U.S. Businesses (SUSB 2021). There are 1,632 consumer electronics repair and maintenance businesses in the U.S., employing 14,286 workers with an average profit margin of 8.0%.

What Does a Consumer Electronics Repair and Maintenance Business Actually Do?

TV, gaming console, and general consumer electronics repair. Diminishing market as products become throwaway.

Who buys: Consumers with expensive electronics worth repairing, warranty-covered repairs.

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

How Much Do Consumer Electronics Repair and Maintenance Charge?

TV, gaming, and general consumer electronics repair. Diminishing market as products become throwaway.

ServiceTypical range
Diagnostic fee
$50–100
TV repair
$150–500
Gaming console repair
$100–250
Hourly rate
$65–120/hour

Ranges based on industry rate surveys and typical published pricing. Actual quotes vary by city, business size, and job complexity.

Complete consumer electronics repair and maintenance business plan

A 12-section data-backed business plan for a consumer electronics repair and maintenance business — executive summary, market analysis, competitive landscape, revenue model, 3-year financial projections, operations, marketing, staffing, funding request. Pre-populated with real Census, IRS, and BLS data on this industry. Free to view.

View the plan

Cost Structure — Where Every $100 in Revenue Goes

Approximate P&L breakdown for the consumer electronics repair and maintenance industry. Labor share and net profit are grounded in Census SUSB and IRS SOI data. Other lines are split using sector-typical ratios.

16%
38%
11%
22%
8%
CategoryPer $100 revenue
Supplies & materials
$16
Wages & benefits
$38
Rent & facilities
$11
Marketing & advertising
$5
Other operating costs
$22
Net profit
$8

Directionally accurate for a typical business in the industry. Individual businesses vary widely — a franchise may run a very different cost mix from an independent, and older established businesses often have lower labor share than newer ones.

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

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%

Frequently Asked Questions

What does a consumer electronics repair and maintenance business do?
TV, gaming console, and general consumer electronics repair. Diminishing market as products become throwaway. Consumers with expensive electronics worth repairing, warranty-covered repairs.
How much do consumer electronics repair and maintenance charge?
TV, gaming, and general consumer electronics repair. Diminishing market as products become throwaway. See the pricing table above for typical rates by service type.
How much does the average consumer electronics repair and maintenance make per year?
The average consumer electronics repair and maintenance business generates $895K in annual revenue, based on U.S. Census Bureau data (SUSB 2021). After expenses, the estimated owner profit is $72K per year at a 8.0% profit margin.
How many consumer electronics repair and maintenance businesses are there in the US?
There are 1,632 consumer electronics repair and maintenance businesses operating in the United States, employing a total of 14,286 workers.
How much does it cost to start a consumer electronics repair and maintenance business?
Startup costs for a consumer electronics repair and maintenance business typically range from $30K to $150K, with a 5-year survival rate of 50.0%.

Industry Growth & Survival

56%
Est. 5-year survival rate
-1.3%
Net job growth rate
8,916
Total firms (2023)

The consumer electronics repair and maintenance industry is relatively stable — with a net job growth rate of -1.3%. Entry and exit rates are balanced at 8.3% and 10.8% respectively.

Approximately 56% of consumer electronics repair and maintenance businesses survive their first 5 years. This is near the national average (~50%), with typical business risk. In 2023, 889 firms in this industry closed permanently.

Industry Trend (2000–2023)

8K9K11K12K14K20002005201020152020Number of Firms

The consumer electronics repair and maintenance industry has declined 28% since 2000 (from 12,424 to 8,916 firms).

See full historical statistics →

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