Metal Service Centers and Other Metal Merchant Wholesalers Revenue Benchmarks

The average metal service centers and other metal merchant wholesalers business in the United States generates $14.2M in annual revenue, according to the U.S. Census Bureau Statistics of U.S. Businesses (SUSB 2021). There are 6,411 metal service centers and other metal merchant wholesalers businesses in the U.S., employing 138,749 workers with an average profit margin of 4.0%. The average employee in this industry earns $93K per year (Bureau of Labor Statistics QCEW 2023).

What Does a Metal Service Centers and Other Metal Merchant Wholesalers Business Actually Do?

Metal Service Centers and Other Metal Merchant Wholesalers: Businesses that buy goods in bulk from manufacturers and resell them to retailers or other businesses.

Who buys: Retailers, manufacturers, institutional buyers.

Sector-level description — a more specific write-up is available for high-traffic industries.

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

How Much Do Metal Service Centers and Other Metal Merchant Wholesalers Charge?

Metal Service Centers and Other Metal Merchant Wholesalers: Wholesalers earn a spread of 5–20% between what they pay manufacturers and what they charge retailers. The specifics vary within the metal service centers and other metal merchant wholesalers category — the ranges below are typical for the sector.

ServiceTypical range
Commodity wholesale (food, chemicals)
3–8% gross margin
Specialty wholesale (electronics, medical)
12–25% gross margin
Distribution fee (3PL)
3–7% of goods handled

Sector-typical ranges — individual services within this industry may fall higher or lower.

Complete metal service centers and other metal merchant wholesalers business plan

A 12-section data-backed business plan for a metal service centers and other metal merchant wholesalers business — executive summary, market analysis, competitive landscape, revenue model, 3-year financial projections, operations, marketing, staffing, funding request. Pre-populated with real Census, IRS, and BLS data on this industry. Free to view.

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Cost Structure — Where Every $100 in Revenue Goes

Approximate P&L breakdown for the metal service centers and other metal merchant wholesalers industry. Labor share and net profit are grounded in Census SUSB and IRS SOI data. Other lines are split using sector-typical ratios.

66%
12%
8%
7%
CategoryPer $100 revenue
Cost of goods sold
$66
Wages & benefits
$12
Rent & facilities
$8
Marketing & advertising
$3
Other operating costs
$7
Net profit
$4

Directionally accurate for a typical business in the industry. Individual businesses vary widely — a franchise may run a very different cost mix from an independent, and older established businesses often have lower labor share than newer ones.

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%

Frequently Asked Questions

What does a metal service centers and other metal merchant wholesalers business do?
Metal Service Centers and Other Metal Merchant Wholesalers: Businesses that buy goods in bulk from manufacturers and resell them to retailers or other businesses. Retailers, manufacturers, institutional buyers.
How much do metal service centers and other metal merchant wholesalers charge?
Metal Service Centers and Other Metal Merchant Wholesalers: Wholesalers earn a spread of 5–20% between what they pay manufacturers and what they charge retailers. The specifics vary within the metal service centers and other metal merchant wholesalers category — the ranges below are typical for the sector. See the pricing table above for typical rates by service type.
How much does the average metal service centers and other metal merchant wholesalers make per year?
The average metal service centers and other metal merchant wholesalers business generates $14.2M in annual revenue, based on U.S. Census Bureau data (SUSB 2021). After expenses, the estimated owner profit is $569K per year at a 4.0% profit margin.
How many metal service centers and other metal merchant wholesalers businesses are there in the US?
There are 6,411 metal service centers and other metal merchant wholesalers businesses operating in the United States, employing a total of 138,749 workers.
How much does it cost to start a metal service centers and other metal merchant wholesalers business?
Startup costs for a metal service centers and other metal merchant wholesalers business typically range from $50K to $250K, with a 5-year survival rate of 50.0%.
What is the average salary in the metal service centers and other metal merchant wholesalers industry?
The average employee in the metal service centers and other metal merchant wholesalers industry earns $93K per year, according to Bureau of Labor Statistics data (QCEW 2023).

Industry Growth & Survival

78%
Est. 5-year survival rate
+2.8%
Net job growth rate
5,960
Total firms (2023)

The metal service centers and other metal merchant wholesalers industry is actively growing — adding jobs at a net rate of 2.8% per year. New establishments are opening faster than existing ones close (4.7% entry vs 5.0% exit), indicating healthy demand.

Approximately 78% of metal service centers and other metal merchant wholesalers businesses survive their first 5 years. This is above the national average (~50%), making it a relatively safe industry to enter. In 2023, 307 firms in this industry closed permanently.

Employment & Wages

$93,454
Avg annual pay
10,924
Establishments
130,834
Total employees
12
Avg employees/business

The average employee in the metal service centers and other metal merchant wholesalers industry earns $93,454/year. This is significantly above the national average of ~$65K, reflecting the skilled nature of this work. With 10,924 establishments employing 130,834 people, the typical business has about 12 employees.

Industry Trend (2000–2023)

5K6K7K8K9K20002005201020152020Number of Firms

The metal service centers and other metal merchant wholesalers industry has declined 22% since 2000 (from 7,681 to 5,960 firms).

See full historical statistics →

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