Retail Bakeries Revenue Benchmarks

How much does the average retail bakeries business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$1.8M

per year

💰

Profit Margin

10.0%

industry average

📈

Revenue / Employee

$172K

per year

👤

Total Businesses

8,366

in the US

🏢

Est. Owner Income

$181K

small business avg

💵

Labor Cost

18.0%

of revenue

👥

Avg Employee Wage

$29K

per year (BLS)

💼

Market Saturation

2.5

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$309K
5-9 employees
$887K
10-19 employees
$1.8M
20-99 employees
$4.5M
100-499 employees
$25.9M
500+ employees
$123.6M

🏆 Highest Revenue States

1.Arkansas$11.0M avg2.Tennessee$5.8M avg3.Utah$3.4M avg4.Pennsylvania$3.1M avg5.Virginia$2.9M avg6.Minnesota$2.9M avg7.Nebraska$2.3M avg8.California$2.2M avg9.Colorado$2.2M avg10.Illinois$2.0M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

12.32%

openings/year

Closure Rate

10%

closings/year

Net Job Growth

+3.6%

annual

Businesses Closed

1,063

in 2023

Firm Count Trend

19
20
21
22
23
9,829 firms11,052 firms

💡 Should You Start a Retail Bakeries Business?

Startup Cost

$50K – $250K

Break-Even

10 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Machine Shops$3.2MCommercial Printing (except Screen and Books)$5.8MWood Kitchen Cabinet and Countertop Manufacturing$3.3MSign Manufacturing$2.9MCommercial Screen Printing$2.5M

Compare Retail Bakeries revenue with other industries:

vs Machinevs Commercialvs Wood