Drinking Places (Alcoholic Beverages) Revenue Benchmarks
How much does the average drinking places (alcoholic beverages) business make? Here are revenue benchmarks based on Census Bureau data.
Average Revenue
$641K
per year
Profit Margin
5.0%
industry average
Revenue / Employee
$85K
per year
Total Businesses
37,490
in the US
Est. Owner Income
$32K
small business avg
Labor Cost
32.0%
of revenue
Avg Employee Wage
$26K
per year (BLS)
Market Saturation
11.3
firms per 100K people
💰 Average Revenue by Business Size
1-4 employees
$216K
5-9 employees
$455K
10-19 employees
$1.0M
20-99 employees
$2.7M
100-499 employees
$9.0M
500+ employees
$13.9M
📊 Industry Dynamics (Census BDS 2023)
New Business Rate
10.24%
openings/year
Closure Rate
9.71%
closings/year
Net Job Growth
+5.69%
annual
Businesses Closed
3,169
in 2023
Firm Count Trend
19
20
21
22
23
35,724 firms35,517 firms
💡 Should You Start a Drinking Places Business?
Startup Cost
$100K – $500K
Break-Even
112 months
5-Year Survival Rate
40.0%
🆚 Related Industries
Compare Drinking Places (Alcoholic Beverages) revenue with other industries: