Retail Bakeries in Minnesota
Revenue benchmarks for retail bakeries businesses operating in Minnesota.
#6 of 50 states+59.7% vs national avg
Average Revenue
$2.9M
per year
Businesses
114
in Minnesota
Revenue / Employee
$186K
per year
Labor Cost
18.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
2.0
firms per 100K in MN
Total Revenue
$330.0M
all firms in MN
Total Employees
1,775
in MN
How Minnesota Compares
National Average$1.8M
Minnesota$2.9M
Difference+$1.1M (+59.7%)