Limited-Service Restaurants Revenue Benchmarks

How much does the average limited-service restaurants business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$1.6M

per year

💰

Profit Margin

5.0%

industry average

📈

Revenue / Employee

$57K

per year

👤

Total Businesses

159,039

in the US

🏢

Est. Owner Income

$80K

small business avg

💵

Labor Cost

33.0%

of revenue

👥

Avg Employee Wage

$23K

per year (BLS)

💼

Market Saturation

48.0

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$191K
5-9 employees
$420K
10-19 employees
$818K
20-99 employees
$2.1M
100-499 employees
$10.7M
500+ employees
$88.0M

🏆 Highest Revenue States

1.New Mexico$2.4M avg2.Arizona$2.3M avg3.Texas$2.3M avg4.Kansas$2.3M avg5.Colorado$2.2M avg6.Oklahoma$2.2M avg7.Tennessee$2.0M avg8.Utah$2.0M avg9.Kentucky$2.0M avg10.Arkansas$1.9M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

11.02%

openings/year

Closure Rate

8.81%

closings/year

Net Job Growth

+4.8%

annual

Businesses Closed

40,490

in 2023

Firm Count Trend

19
20
21
22
23
388,469 firms407,800 firms

💡 Should You Start a Limited-Service Restaurants Business?

Startup Cost

$100K – $500K

Break-Even

45 months

5-Year Survival Rate

42.0%

🆚 Related Industries

Full-Service Restaurants$1.6MSnack and Nonalcoholic Beverage Bars$810KHotels (except Casino Hotels) and Motels$2.7MDrinking Places (Alcoholic Beverages)$641KCaterers$786K

Compare Limited-Service Restaurants revenue with other industries:

vs Full-Servicevs Snackvs Hotels