Farm and Garden Machinery and Equipment Merchant Wholesalers Revenue Benchmarks

How much does the average farm and garden machinery and equipment merchant wholesalers business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$13.1M

per year

💰

Profit Margin

4.0%

industry average

📈

Revenue / Employee

$556K

per year

👤

Total Businesses

4,501

in the US

🏢

Est. Owner Income

$526K

small business avg

💵

Labor Cost

12.0%

of revenue

👥

Avg Employee Wage

$83K

per year (BLS)

💼

Market Saturation

1.4

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$813K
5-9 employees
$2.9M
10-19 employees
$6.4M
20-99 employees
$19.5M
100-499 employees
$81.9M
500+ employees
$221.9M

🏆 Highest Revenue States

1.Minnesota$20.2M avg2.Kansas$17.4M avg3.North Dakota$17.4M avg4.Illinois$17.1M avg5.Arizona$14.7M avg6.New Jersey$14.0M avg7.North Carolina$13.7M avg8.Texas$13.4M avg9.Mississippi$13.3M avg10.Oklahoma$13.1M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

4.99%

openings/year

Closure Rate

5.94%

closings/year

Net Job Growth

+3.59%

annual

Businesses Closed

2,081

in 2023

Firm Count Trend

19
20
21
22
23
36,490 firms33,683 firms

💡 Should You Start a Farm and Garden Machinery and Equipment Merchant Wholesalers Business?

Startup Cost

$50K – $250K

Break-Even

3 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Wholesale Trade Agents and Brokers$3.9MIndustrial Machinery and Equipment Merchant Wholesalers$12.2MOther Grocery and Related Products Merchant Wholesalers$14.3MOther Miscellaneous Nondurable Goods Merchant Wholesalers$3.7MOther Miscellaneous Durable Goods Merchant Wholesalers$5.5M

Compare Farm and Garden Machinery and Equipment Merchant Wholesalers revenue with other industries:

vs Wholesalevs Industrialvs Other