Furniture Stores Revenue Benchmarks

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

Average Revenue

$5.5M

per year

💰

Profit Margin

4.0%

industry average

📈

Revenue / Employee

$357K

per year

👤

Total Businesses

12,802

in the US

🏢

Est. Owner Income

$219K

small business avg

💵

Labor Cost

14.0%

of revenue

👥

Avg Employee Wage

N/A

per year (BLS)

💼

Market Saturation

3.9

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$548K
5-9 employees
$1.9M
10-19 employees
$4.0M
20-99 employees
$11.6M
100-499 employees
$48.5M
500+ employees
$463.1M

🏆 Highest Revenue States

1.Colorado$9.7M avg2.Connecticut$9.2M avg3.Nebraska$7.6M avg4.Kansas$7.5M avg5.Arizona$7.2M avg6.Utah$6.8M avg7.Massachusetts$6.6M avg8.Nevada$6.4M avg9.Maryland$6.4M avg10.Texas$6.4M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

6.06%

openings/year

Closure Rate

7.07%

closings/year

Net Job Growth

-1.15%

annual

Businesses Closed

1,064

in 2023

Firm Count Trend

19
20
21
22
23
12,209 firms11,433 firms

💡 Should You Start a Furniture Stores Business?

Startup Cost

$75K – $400K

Break-Even

13 months

5-Year Survival Rate

48.0%

🆚 Related Industries

Gasoline Stations with Convenience Stores$6.0MElectronic Shopping and Mail-Order Houses$5.8MSupermarkets and Other Grocery (except Convenience) Stores$16.2MConvenience Stores$879KBeer, Wine, and Liquor Stores$1.1M

Compare Furniture Stores revenue with other industries:

vs Gasolinevs Electronicvs Supermarkets