Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) in Minnesota

Revenue benchmarks for lessors of nonfinancial intangible assets (except copyrighted works) businesses operating in Minnesota.

#4 of 50 states+93.7% vs national avg

Average Revenue

$16.2M

per year

Businesses

51

in Minnesota

Revenue / Employee

$514K

per year

Labor Cost

25.0%

of revenue

Profit Margin

20.0%

industry average

Market Saturation

0.9

firms per 100K in MN

Total Revenue

$827.5M

all firms in MN

Total Employees

1,609

in MN

How Minnesota Compares

National Average$8.4M
Minnesota$16.2M
Difference+$7.9M (+93.7%)