Full-Service Restaurants Revenue Benchmarks

How much does the average full-service restaurants business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$1.6M

per year

💰

Profit Margin

5.0%

industry average

📈

Revenue / Employee

$82K

per year

👤

Total Businesses

219,017

in the US

🏢

Est. Owner Income

$82K

small business avg

💵

Labor Cost

33.0%

of revenue

👥

Avg Employee Wage

$30K

per year (BLS)

💼

Market Saturation

66.1

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$286K
5-9 employees
$535K
10-19 employees
$1.1M
20-99 employees
$2.9M
100-499 employees
$13.3M
500+ employees
$159.5M

🏆 Highest Revenue States

1.Nevada$2.4M avg2.Arizona$2.3M avg3.Florida$2.1M avg4.Hawaii$2.1M avg5.Colorado$2.0M avg6.Tennessee$2.0M avg7.Maryland$1.9M avg8.Texas$1.9M avg9.Delaware$1.9M avg10.Ohio$1.8M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

11.02%

openings/year

Closure Rate

8.81%

closings/year

Net Job Growth

+4.8%

annual

Businesses Closed

40,490

in 2023

Firm Count Trend

19
20
21
22
23
388,469 firms407,800 firms

💡 Should You Start a Full-Service Restaurants Business?

Startup Cost

$250K – $900K

Break-Even

84 months

5-Year Survival Rate

40.0%

🆚 Related Industries

Limited-Service Restaurants$1.6MSnack and Nonalcoholic Beverage Bars$810KHotels (except Casino Hotels) and Motels$2.7MDrinking Places (Alcoholic Beverages)$641KCaterers$786K

Compare Full-Service Restaurants revenue with other industries:

vs Limited-Servicevs Snackvs Hotels