Lessors of Miniwarehouses and Self-Storage Units Revenue Benchmarks

How much does the average lessors of miniwarehouses and self-storage units business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$751K

per year

💰

Profit Margin

20.0%

industry average

📈

Revenue / Employee

$154K

per year

👤

Total Businesses

9,502

in the US

🏢

Est. Owner Income

$150K

small business avg

💵

Labor Cost

25.0%

of revenue

👥

Avg Employee Wage

$53K

per year (BLS)

💼

Market Saturation

2.9

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$224K
5-9 employees
$905K
10-19 employees
$1.9M
20-99 employees
$4.0M
100-499 employees
$12.9M
500+ employees
$144.7M

🏆 Highest Revenue States

1.Maryland$1.6M avg2.New York$1.2M avg3.California$1.1M avg4.New Jersey$1.1M avg5.Arizona$1.1M avg6.Illinois$1.0M avg7.Florida$1.0M avg8.Massachusetts$975K avg9.Hawaii$926K avg10.Utah$872K avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

11.09%

openings/year

Closure Rate

9.5%

closings/year

Net Job Growth

+2.45%

annual

Businesses Closed

9,235

in 2023

Firm Count Trend

19
20
21
22
23
87,210 firms86,663 firms

💡 Should You Start a Lessors of Miniwarehouses and Self-Storage Units Business?

Startup Cost

$50K – $250K

Break-Even

12 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Offices of Real Estate Agents and Brokers$880KLessors of Residential Buildings and Dwellings$1.2MResidential Property Managers$2.6MLessors of Nonresidential Buildings (except Miniwarehouses)$1.7MOther Activities Related to Real Estate$1.4M

Compare Lessors of Miniwarehouses and Self-Storage Units revenue with other industries:

vs Officesvs Lessorsvs Residential