Navigational Services to Shipping in Minnesota
Revenue benchmarks for navigational services to shipping businesses operating in Minnesota.
#21 of 50 states-31.8% vs national avg
Average Revenue
$2.7M
per year
Businesses
3
in Minnesota
Revenue / Employee
$181K
per year
Labor Cost
35.0%
of revenue
Profit Margin
5.0%
industry average
Market Saturation
0.1
firms per 100K in MN
Total Revenue
$8.0M
all firms in MN
Total Employees
44
in MN
How Minnesota Compares
National Average$3.9M
Minnesota$2.7M
Difference$1.2M (-31.8%)