Mobile Food Services Revenue Benchmarks

How much does the average mobile food business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$230K

per year

💰

Profit Margin

5.0%

industry average

📈

Revenue / Employee

$88K

per year

👤

Total Businesses

10,099

in the US

🏢

Est. Owner Income

$12K

small business avg

💵

Labor Cost

32.0%

of revenue

👥

Avg Employee Wage

$26K

per year (BLS)

💼

Market Saturation

3.0

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$110K
5-9 employees
$442K
10-19 employees
$943K
20-99 employees
$2.1M
100-499 employees
$8.9M
500+ employees
$1.4M

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

13.99%

openings/year

Closure Rate

10.68%

closings/year

Net Job Growth

+9.65%

annual

Businesses Closed

3,454

in 2023

Firm Count Trend

19
20
21
22
23
17,187 firms21,706 firms

💡 Should You Start a Mobile Food Business?

Startup Cost

$100K$500K

Break-Even

312 months

5-Year Survival Rate

40.0%

Compare Mobile Food Services revenue with other industries: