Family Clothing Stores Revenue Benchmarks

How much does the average family clothing stores business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$9.9M

per year

💰

Profit Margin

4.0%

industry average

📈

Revenue / Employee

$101K

per year

👤

Total Businesses

6,500

in the US

🏢

Est. Owner Income

$398K

small business avg

💵

Labor Cost

20.0%

of revenue

👥

Avg Employee Wage

N/A

per year (BLS)

💼

Market Saturation

2.0

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$269K
5-9 employees
$889K
10-19 employees
$1.9M
20-99 employees
$4.8M
100-499 employees
$19.0M
500+ employees
$671.3M

🏆 Highest Revenue States

1.Massachusetts$12.1M avg2.California$12.1M avg3.Connecticut$11.7M avg4.Arizona$9.9M avg5.Washington$9.9M avg6.New Jersey$9.4M avg7.Texas$9.3M avg8.Illinois$9.0M avg9.Maryland$9.0M avg10.Pennsylvania$8.6M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

7.19%

openings/year

Closure Rate

6.3%

closings/year

Net Job Growth

+0.2%

annual

Businesses Closed

3,155

in 2023

Firm Count Trend

19
20
21
22
23
31,825 firms30,324 firms

💡 Should You Start a Family Clothing Stores Business?

Startup Cost

$75K – $400K

Break-Even

7 months

5-Year Survival Rate

48.0%

🆚 Related Industries

Gasoline Stations with Convenience Stores$6.0MElectronic Shopping and Mail-Order Houses$5.8MSupermarkets and Other Grocery (except Convenience) Stores$16.2MConvenience Stores$879KBeer, Wine, and Liquor Stores$1.1M

Compare Family Clothing Stores revenue with other industries:

vs Gasolinevs Electronicvs Supermarkets