Institutional Furniture Manufacturing in Minnesota
Revenue benchmarks for institutional furniture manufacturing businesses operating in Minnesota.
#8 of 50 states+44.9% vs national avg
Average Revenue
$13.3M
per year
Businesses
14
in Minnesota
Revenue / Employee
$253K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.2
firms per 100K in MN
Total Revenue
$186.7M
all firms in MN
Total Employees
737
in MN
How Minnesota Compares
National Average$9.2M
Minnesota$13.3M
Difference+$4.1M (+44.9%)