Drycleaning and Laundry Services (except Coin-Operated) in New Mexico

Revenue benchmarks for drycleaning and laundry services (except coin-operated) businesses operating in New Mexico.

#9 of 50 states+60.6% vs national avg

Average Revenue

$628K

per year

Businesses

48

in New Mexico

Revenue / Employee

$64K

per year

Labor Cost

38.0%

of revenue

Profit Margin

8.0%

industry average

Market Saturation

2.3

firms per 100K in NM

Total Revenue

$30.1M

all firms in NM

Total Employees

470

in NM

How New Mexico Compares

National Average$391K
New Mexico$628K
Difference+$237K (+60.6%)