Refrigerated Warehousing and Storage Revenue Benchmarks

How much does the average refrigerated warehousing and storage business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$10.8M

per year

💰

Profit Margin

5.0%

industry average

📈

Revenue / Employee

$140K

per year

👤

Total Businesses

693

in the US

🏢

Est. Owner Income

$540K

small business avg

💵

Labor Cost

35.0%

of revenue

👥

Avg Employee Wage

$62K

per year (BLS)

💼

Market Saturation

0.2

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$317K
5-9 employees
$876K
10-19 employees
$2.0M
20-99 employees
$4.9M
100-499 employees
$12.8M
500+ employees
$88.6M

🏆 Highest Revenue States

1.Georgia$31.0M avg2.Arkansas$21.6M avg3.Illinois$18.4M avg4.Missouri$15.9M avg5.Maryland$15.7M avg6.Colorado$14.7M avg7.Indiana$12.1M avg8.Pennsylvania$12.1M avg9.Kansas$11.8M avg10.Idaho$10.5M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

9.86%

openings/year

Closure Rate

6.93%

closings/year

Net Job Growth

+1.73%

annual

Businesses Closed

528

in 2023

Firm Count Trend

19
20
21
22
23
7,730 firms8,576 firms

💡 Should You Start a Refrigerated Warehousing and Storage Business?

Startup Cost

$50K – $250K

Break-Even

3 months

5-Year Survival Rate

50.0%

🆚 Related Industries

General Warehousing and Storage$22.6MCouriers and Express Delivery Services$20.9MLocal Messengers and Local Delivery$4.3MOther Warehousing and Storage$8.9M

Compare Refrigerated Warehousing and Storage revenue with other industries:

vs Generalvs Couriersvs Local