Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers Revenue Benchmarks
How much does the average piece goods, notions, and other dry goods merchant wholesalers business make? Here are revenue benchmarks based on Census Bureau data.
Average Revenue
$4.9M
per year
Profit Margin
4.0%
industry average
Revenue / Employee
$531K
per year
Total Businesses
2,462
in the US
Est. Owner Income
$195K
small business avg
Labor Cost
12.0%
of revenue
Avg Employee Wage
$71K
per year (BLS)
Market Saturation
0.7
firms per 100K people
💰 Average Revenue by Business Size
1-4 employees
$815K
5-9 employees
$3.3M
10-19 employees
$7.0M
20-99 employees
$18.4M
100-499 employees
$43.6M
500+ employees
$107.4M
📊 Industry Dynamics (Census BDS 2023)
New Business Rate
8.14%
openings/year
Closure Rate
10.06%
closings/year
Net Job Growth
-0.18%
annual
Businesses Closed
1,068
in 2023
Firm Count Trend
19
20
21
22
23
12,170 firms11,274 firms
💡 Should You Start a Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers Business?
Startup Cost
$50K – $250K
Break-Even
9 months
5-Year Survival Rate
50.0%
🆚 Related Industries
Compare Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers revenue with other industries: