Locksmiths in Minnesota

Revenue benchmarks for locksmiths businesses operating in Minnesota.

#15 of 50 states-0.0% vs national avg

Average Revenue

$342K

per year

Businesses

51

in Minnesota

Revenue / Employee

$81K

per year

Labor Cost

55.0%

of revenue

Profit Margin

8.0%

industry average

Market Saturation

0.9

firms per 100K in MN

Total Revenue

$17.5M

all firms in MN

Total Employees

216

in MN

How Minnesota Compares

National Average$342K
Minnesota$342K
Difference$136 (-0.0%)