Household Appliance Stores Revenue Benchmarks

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

Average Revenue

$3.9M

per year

💰

Profit Margin

4.0%

industry average

📈

Revenue / Employee

$334K

per year

👤

Total Businesses

4,361

in the US

🏢

Est. Owner Income

$154K

small business avg

💵

Labor Cost

15.0%

of revenue

👥

Avg Employee Wage

N/A

per year (BLS)

💼

Market Saturation

1.3

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$479K
5-9 employees
$1.7M
10-19 employees
$3.8M
20-99 employees
$11.9M
100-499 employees
$48.2M
500+ employees
$159.9M

🏆 Highest Revenue States

1.Alabama$15.4M avg2.Illinois$7.9M avg3.Arizona$5.8M avg4.Washington$5.8M avg5.New Mexico$5.7M avg6.Maine$5.2M avg7.Connecticut$4.5M avg8.Massachusetts$4.4M avg9.South Dakota$4.2M avg10.New Jersey$4.2M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

4.91%

openings/year

Closure Rate

8.56%

closings/year

Net Job Growth

-5.58%

annual

Businesses Closed

1,174

in 2023

Firm Count Trend

19
20
21
22
23
15,130 firms11,124 firms

💡 Should You Start a Household Appliance Stores Business?

Startup Cost

$75K – $400K

Break-Even

18 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 Household Appliance Stores revenue with other industries:

vs Gasolinevs Electronicvs Supermarkets