Motor Vehicle Body Manufacturing Revenue Benchmarks

How much does the average motor vehicle body manufacturing business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$20.9M

per year

💰

Profit Margin

10.0%

industry average

📈

Revenue / Employee

$246K

per year

👤

Total Businesses

611

in the US

🏢

Est. Owner Income

$2.1M

small business avg

💵

Labor Cost

22.0%

of revenue

👥

Avg Employee Wage

$66K

per year (BLS)

💼

Market Saturation

0.2

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$621K
5-9 employees
$1.5M
10-19 employees
$3.2M
20-99 employees
$10.6M
100-499 employees
$41.6M
500+ employees
$165.1M

🏆 Highest Revenue States

1.Illinois$43.1M avg2.Alabama$40.9M avg3.Iowa$36.3M avg4.Indiana$35.3M avg5.Tennessee$33.2M avg6.North Carolina$31.1M avg7.Wisconsin$29.6M avg8.South Dakota$28.3M avg9.Minnesota$27.9M avg10.Michigan$25.3M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

7.69%

openings/year

Closure Rate

6.67%

closings/year

Net Job Growth

-3.74%

annual

Businesses Closed

110

in 2023

Firm Count Trend

19
20
21
22
23
1,523 firms1,621 firms

💡 Should You Start a Motor Vehicle Body Manufacturing Business?

Startup Cost

$50K – $250K

Break-Even

1 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Machine Shops$3.2MCommercial Printing (except Screen and Books)$5.8MRetail Bakeries$1.8MWood Kitchen Cabinet and Countertop Manufacturing$3.3MSign Manufacturing$2.9M

Compare Motor Vehicle Body Manufacturing revenue with other industries:

vs Machinevs Commercialvs Retail