Footwear and Leather Goods Repair Revenue Benchmarks
How much does the average footwear and leather goods repair business make? Here are revenue benchmarks based on Census Bureau data.
Average Revenue
$192K
per year
Profit Margin
8.0%
industry average
Revenue / Employee
$84K
per year
Total Businesses
680
in the US
Est. Owner Income
$15K
small business avg
Labor Cost
38.0%
of revenue
Avg Employee Wage
$39K
per year (BLS)
Market Saturation
0.2
firms per 100K people
💰 Average Revenue by Business Size
1-4 employees
$103K
5-9 employees
$538K
10-19 employees
$1.3M
20-99 employees
$4.4M
📊 Industry Dynamics (Census BDS 2023)
New Business Rate
13.57%
openings/year
Closure Rate
11.18%
closings/year
Net Job Growth
+5.8%
annual
Businesses Closed
1,861
in 2023
Firm Count Trend
19
20
21
22
23
17,754 firms19,006 firms
💡 Should You Start a Footwear and Leather Goods Repair Business?
Startup Cost
$30K – $150K
Break-Even
70 months
5-Year Survival Rate
50.0%
🆚 Related Industries
Compare Footwear and Leather Goods Repair revenue with other industries: