Paint, Varnish, and Supplies Merchant Wholesalers Revenue Benchmarks

The average paint, varnish, and supplies merchant wholesalers business in the United States generates $13.0M in annual revenue, according to the U.S. Census Bureau Statistics of U.S. Businesses (SUSB 2021). There are 940 paint, varnish, and supplies merchant wholesalers businesses in the U.S., employing 19,635 workers with an average profit margin of 4.0%. The average employee in this industry earns $80K per year (Bureau of Labor Statistics QCEW 2023).

What Does a Paint, Varnish, and Supplies Merchant Wholesalers Business Actually Do?

Paint, Varnish, and Supplies 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

$13.0M

per year

Profit Margin

4.0%

industry average

Revenue / Employee

$624K

per year

Total Businesses

940

in the US

Est. Owner Income

$522K

small business avg

Labor Cost

12.0%

of revenue

Avg Employee Wage

$80K

per year (BLS)

Market Saturation

0.3

firms per 100K people

How Much Do Paint, Varnish, and Supplies Merchant Wholesalers Charge?

Paint, Varnish, and Supplies Merchant Wholesalers: Wholesalers earn a spread of 5–20% between what they pay manufacturers and what they charge retailers. The specifics vary within the paint, varnish, and supplies 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 paint, varnish, and supplies merchant wholesalers business plan

A 12-section data-backed business plan for a paint, varnish, and supplies 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.

View the plan

Cost Structure — Where Every $100 in Revenue Goes

Approximate P&L breakdown for the paint, varnish, and supplies 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
$854K
5-9 employees
$3.4M
10-19 employees
$7.1M
20-99 employees
$17.3M
100-499 employees
$52.5M
500+ employees
$251.1M

Industry Dynamics (Census BDS 2023)

New Business Rate

8.19%

openings/year

Closure Rate

8%

closings/year

Net Job Growth

+0.76%

annual

Businesses Closed

1,601

in 2023

Firm Count Trend

19
20
21
22
23
18,937 firms18,688 firms

Should You Start a Paint, Varnish, and Supplies Merchant Wholesalers Business?

Startup Cost

$50K$250K

Break-Even

3 months

5-Year Survival Rate

50.0%

Frequently Asked Questions

What does a paint, varnish, and supplies merchant wholesalers business do?
Paint, Varnish, and Supplies 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 paint, varnish, and supplies merchant wholesalers charge?
Paint, Varnish, and Supplies Merchant Wholesalers: Wholesalers earn a spread of 5–20% between what they pay manufacturers and what they charge retailers. The specifics vary within the paint, varnish, and supplies 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 paint, varnish, and supplies merchant wholesalers make per year?
The average paint, varnish, and supplies merchant wholesalers business generates $13.0M in annual revenue, based on U.S. Census Bureau data (SUSB 2021). After expenses, the estimated owner profit is $522K per year at a 4.0% profit margin.
How many paint, varnish, and supplies merchant wholesalers businesses are there in the US?
There are 940 paint, varnish, and supplies merchant wholesalers businesses operating in the United States, employing a total of 19,635 workers.
How much does it cost to start a paint, varnish, and supplies merchant wholesalers business?
Startup costs for a paint, varnish, and supplies 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 paint, varnish, and supplies merchant wholesalers industry?
The average employee in the paint, varnish, and supplies merchant wholesalers industry earns $80K per year, according to Bureau of Labor Statistics data (QCEW 2023).

Industry Growth & Survival

66%
Est. 5-year survival rate
+0.8%
Net job growth rate
18,688
Total firms (2023)

The paint, varnish, and supplies merchant wholesalers industry is relatively stable — with a net job growth rate of 0.8%. Entry and exit rates are balanced at 8.2% and 8.0% respectively.

Approximately 66% of paint, varnish, and supplies 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, 1,601 firms in this industry closed permanently.

Employment & Wages

$79,627
Avg annual pay
2,847
Establishments
23,614
Total employees
8
Avg employees/business

The average employee in the paint, varnish, and supplies merchant wholesalers industry earns $79,627/year. This is significantly above the national average of ~$65K, reflecting the skilled nature of this work. With 2,847 establishments employing 23,614 people, the typical business has about 8 employees.

Industry Trend (2000–2023)

17K19K21K24K26K20002005201020152020Number of Firms

The paint, varnish, and supplies merchant wholesalers industry has declined 17% since 2000 (from 22,556 to 18,688 firms).

See full historical statistics →

Compare Paint, Varnish, and Supplies Merchant Wholesalers revenue with other industries: