Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers Revenue Benchmarks

How much does the average medical, dental, and hospital equipment and supplies merchant wholesalers business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$31.0M

per year

💰

Profit Margin

4.0%

industry average

📈

Revenue / Employee

$1.0M

per year

👤

Total Businesses

8,539

in the US

🏢

Est. Owner Income

$1.2M

small business avg

💵

Labor Cost

12.0%

of revenue

👥

Avg Employee Wage

$127K

per year (BLS)

💼

Market Saturation

2.6

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$990K
5-9 employees
$3.9M
10-19 employees
$8.9M
20-99 employees
$29.3M
100-499 employees
$143.6M
500+ employees
$1.2B

🏆 Highest Revenue States

1.Minnesota$144.3M avg2.Massachusetts$103.6M avg3.Pennsylvania$61.7M avg4.New Jersey$49.7M avg5.Wisconsin$45.9M avg6.New Hampshire$43.3M avg7.Colorado$35.7M avg8.Illinois$34.4M avg9.California$33.8M avg10.Indiana$33.5M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

6.51%

openings/year

Closure Rate

18.96%

closings/year

Net Job Growth

+1.03%

annual

Businesses Closed

1,627

in 2023

Firm Count Trend

19
20
21
22
23
20,250 firms19,171 firms

💡 Should You Start a Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers Business?

Startup Cost

$50K – $250K

Break-Even

1 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Wholesale Trade Agents and Brokers$3.9MIndustrial Machinery and Equipment Merchant Wholesalers$12.2MOther Grocery and Related Products Merchant Wholesalers$14.3MOther Miscellaneous Nondurable Goods Merchant Wholesalers$3.7MOther Miscellaneous Durable Goods Merchant Wholesalers$5.5M

Compare Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers revenue with other industries:

vs Wholesalevs Industrialvs Other