Other Farm Product Raw Material Merchant Wholesalers Revenue Benchmarks

How much does the average other farm product raw material merchant wholesalers business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$8.0M

per year

💰

Profit Margin

4.0%

industry average

📈

Revenue / Employee

$681K

per year

👤

Total Businesses

884

in the US

🏢

Est. Owner Income

$321K

small business avg

💵

Labor Cost

12.0%

of revenue

👥

Avg Employee Wage

$64K

per year (BLS)

💼

Market Saturation

0.3

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$995K
5-9 employees
$3.1M
10-19 employees
$7.5M
20-99 employees
$15.5M
100-499 employees
$91.5M
500+ employees
$145.4M

🏆 Highest Revenue States

1.Washington$63.0M avg2.Georgia$55.7M avg3.Virginia$34.0M avg4.Tennessee$15.9M avg5.North Dakota$15.9M avg6.Mississippi$14.0M avg7.Wisconsin$11.3M avg8.Maryland$10.9M avg9.New Jersey$9.0M avg10.Minnesota$7.1M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

6.86%

openings/year

Closure Rate

5.58%

closings/year

Net Job Growth

-5.13%

annual

Businesses Closed

206

in 2023

Firm Count Trend

19
20
21
22
23
3,060 firms3,058 firms

💡 Should You Start a Other Farm Product Raw Material Merchant Wholesalers Business?

Startup Cost

$50K – $250K

Break-Even

6 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Wholesale Trade Agents and Brokers$3.9MIndustrial Machinery and Equipment Merchant Wholesalers$12.2MOther Grocery and Related Products Merchant Wholesalers$14.3MOther Miscellaneous Nondurable Goods Merchant Wholesalers$3.7MOther Miscellaneous Durable Goods Merchant Wholesalers$5.5M

Compare Other Farm Product Raw Material Merchant Wholesalers revenue with other industries:

vs Wholesalevs Industrialvs Other