Hardware Stores in Minnesota
Revenue benchmarks for hardware stores businesses operating in Minnesota.
#32 of 50 states-15.4% vs national avg
Average Revenue
$3.1M
per year
Businesses
272
in Minnesota
Revenue / Employee
$196K
per year
Labor Cost
14.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
4.8
firms per 100K in MN
Total Revenue
$847.4M
all firms in MN
Total Employees
4,323
in MN
How Minnesota Compares
National Average$3.7M
Minnesota$3.1M
Difference$567K (-15.4%)