Gift, Novelty, and Souvenir Stores in Minnesota
Revenue benchmarks for gift, novelty, and souvenir stores businesses operating in Minnesota.
#23 of 50 states-17.4% vs national avg
Average Revenue
$1.2M
per year
Businesses
228
in Minnesota
Revenue / Employee
$151K
per year
Labor Cost
14.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
4.0
firms per 100K in MN
Total Revenue
$272.9M
all firms in MN
Total Employees
1,813
in MN
How Minnesota Compares
National Average$1.4M
Minnesota$1.2M
Difference$252K (-17.4%)