Footwear Merchant Wholesalers Revenue Benchmarks

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

Average Revenue

$17.2M

per year

💰

Profit Margin

4.0%

industry average

📈

Revenue / Employee

$813K

per year

👤

Total Businesses

1,116

in the US

🏢

Est. Owner Income

$687K

small business avg

💵

Labor Cost

12.0%

of revenue

👥

Avg Employee Wage

$96K

per year (BLS)

💼

Market Saturation

0.3

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$881K
5-9 employees
$3.4M
10-19 employees
$7.9M
20-99 employees
$24.4M
100-499 employees
$113.2M
500+ employees
$482.5M

🏆 Highest Revenue States

1.Colorado$105.2M avg2.Oregon$92.3M avg3.Tennessee$90.5M avg4.Massachusetts$86.4M avg5.Connecticut$56.7M avg6.Washington$51.7M avg7.South Carolina$39.7M avg8.Michigan$36.7M avg9.Ohio$32.9M avg10.Missouri$29.1M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

8.14%

openings/year

Closure Rate

10.06%

closings/year

Net Job Growth

-0.18%

annual

Businesses Closed

1,068

in 2023

Firm Count Trend

19
20
21
22
23
12,170 firms11,274 firms

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

vs Wholesalevs Industrialvs Other