Metal Service Centers and Other Metal Merchant Wholesalers Revenue Benchmarks

How much does the average metal service centers and other metal merchant wholesalers business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$14.2M

per year

💰

Profit Margin

4.0%

industry average

📈

Revenue / Employee

$658K

per year

👤

Total Businesses

6,411

in the US

🏢

Est. Owner Income

$569K

small business avg

💵

Labor Cost

12.0%

of revenue

👥

Avg Employee Wage

$93K

per year (BLS)

💼

Market Saturation

1.9

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$1.3M
5-9 employees
$4.3M
10-19 employees
$8.6M
20-99 employees
$22.4M
100-499 employees
$64.7M
500+ employees
$193.2M

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

4.67%

openings/year

Closure Rate

4.97%

closings/year

Net Job Growth

+2.81%

annual

Businesses Closed

307

in 2023

Firm Count Trend

19
20
21
22
23
6,539 firms5,960 firms

💡 Should You Start a Metal Service Centers and Other Metal Merchant Wholesalers Business?

Startup Cost

$50K$250K

Break-Even

3 months

5-Year Survival Rate

50.0%

Compare Metal Service Centers and Other Metal Merchant Wholesalers revenue with other industries: