Furniture Merchant Wholesalers Revenue Benchmarks

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

Average Revenue

$8.5M

per year

💰

Profit Margin

4.0%

industry average

📈

Revenue / Employee

$604K

per year

👤

Total Businesses

4,635

in the US

🏢

Est. Owner Income

$341K

small business avg

💵

Labor Cost

12.0%

of revenue

👥

Avg Employee Wage

$82K

per year (BLS)

💼

Market Saturation

1.4

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$899K
5-9 employees
$3.4M
10-19 employees
$7.0M
20-99 employees
$21.6M
100-499 employees
$82.1M
500+ employees
$128.9M

🏆 Highest Revenue States

1.Kentucky$38.4M avg2.Wisconsin$13.1M avg3.Iowa$12.1M avg4.Minnesota$11.3M avg5.North Dakota$11.2M avg6.Maryland$11.1M avg7.Indiana$10.3M avg8.Colorado$10.2M avg9.Illinois$10.1M avg10.Michigan$10.0M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

5.16%

openings/year

Closure Rate

7.87%

closings/year

Net Job Growth

-3.38%

annual

Businesses Closed

667

in 2023

Firm Count Trend

19
20
21
22
23
9,753 firms8,932 firms

💡 Should You Start a Furniture Merchant Wholesalers Business?

Startup Cost

$50K – $250K

Break-Even

5 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 Furniture Merchant Wholesalers revenue with other industries:

vs Wholesalevs Industrialvs Other