Farm Supplies Merchant Wholesalers Revenue Benchmarks

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

Average Revenue

$13.5M

per year

💰

Profit Margin

4.0%

industry average

📈

Revenue / Employee

$614K

per year

👤

Total Businesses

4,880

in the US

🏢

Est. Owner Income

$541K

small business avg

💵

Labor Cost

12.0%

of revenue

👥

Avg Employee Wage

$82K

per year (BLS)

💼

Market Saturation

1.5

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$851K
5-9 employees
$3.0M
10-19 employees
$6.8M
20-99 employees
$18.3M
100-499 employees
$52.0M
500+ employees
$417.1M

🏆 Highest Revenue States

1.North Carolina$42.1M avg2.Louisiana$21.7M avg3.Michigan$19.0M avg4.Washington$18.6M avg5.Minnesota$16.7M avg6.Illinois$16.2M avg7.Idaho$16.0M avg8.California$15.6M avg9.Iowa$13.8M avg10.Alabama$13.1M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

8.19%

openings/year

Closure Rate

8%

closings/year

Net Job Growth

+0.76%

annual

Businesses Closed

1,601

in 2023

Firm Count Trend

19
20
21
22
23
18,937 firms18,688 firms

💡 Should You Start a Farm Supplies 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 Supplies Merchant Wholesalers revenue with other industries:

vs Wholesalevs Industrialvs Other