Institutional Furniture Manufacturing Revenue Benchmarks
How much does the average institutional furniture manufacturing business make? Here are revenue benchmarks based on Census Bureau data.
Average Revenue
$9.2M
per year
Profit Margin
10.0%
industry average
Revenue / Employee
$246K
per year
Total Businesses
507
in the US
Est. Owner Income
$920K
small business avg
Labor Cost
22.0%
of revenue
Avg Employee Wage
$61K
per year (BLS)
Market Saturation
0.2
firms per 100K people
💰 Average Revenue by Business Size
1-4 employees
$494K
5-9 employees
$1.4M
10-19 employees
$2.9M
20-99 employees
$9.2M
100-499 employees
$34.5M
500+ employees
$54.6M
📊 Industry Dynamics (Census BDS 2023)
New Business Rate
7.56%
openings/year
Closure Rate
8.89%
closings/year
Net Job Growth
-6.55%
annual
Businesses Closed
713
in 2023
Firm Count Trend
19
20
21
22
23
9,047 firms8,946 firms
💡 Should You Start a Institutional Furniture Manufacturing Business?
Startup Cost
$50K – $250K
Break-Even
2 months
5-Year Survival Rate
50.0%
🆚 Related Industries
Compare Institutional Furniture Manufacturing revenue with other industries: