Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers Revenue Benchmarks
How much does the average jewelry, watch, precious stone, and precious metal merchant wholesalers business make? Here are revenue benchmarks based on Census Bureau data.
Average Revenue
$3.2M
per year
Profit Margin
4.0%
industry average
Revenue / Employee
$598K
per year
Total Businesses
6,551
in the US
Est. Owner Income
$126K
small business avg
Labor Cost
12.0%
of revenue
Avg Employee Wage
$80K
per year (BLS)
Market Saturation
2.0
firms per 100K people
💰 Average Revenue by Business Size
1-4 employees
$760K
5-9 employees
$3.3M
10-19 employees
$7.6M
20-99 employees
$27.5M
100-499 employees
$66.4M
500+ employees
$152.2M
📊 Industry Dynamics (Census BDS 2023)
New Business Rate
8.49%
openings/year
Closure Rate
8.42%
closings/year
Net Job Growth
+0.11%
annual
Businesses Closed
1,989
in 2023
Firm Count Trend
19
20
21
22
23
25,439 firms25,491 firms
💡 Should You Start a Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers Business?
Startup Cost
$50K – $250K
Break-Even
14 months
5-Year Survival Rate
50.0%
🆚 Related Industries
Compare Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers revenue with other industries: