Institutional Furniture Manufacturing in Tennessee
Revenue benchmarks for institutional furniture manufacturing businesses operating in Tennessee.
#22 of 50 states-30.3% vs national avg
Average Revenue
$6.4M
per year
Businesses
14
in Tennessee
Revenue / Employee
$211K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.2
firms per 100K in TN
Total Revenue
$89.8M
all firms in TN
Total Employees
426
in TN
How Tennessee Compares
National Average$9.2M
Tennessee$6.4M
Difference$2.8M (-30.3%)