Sewing, Needlework, and Piece Goods Stores Revenue Benchmarks

How much does the average sewing, needlework, and piece goods stores business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$1.5M

per year

💰

Profit Margin

4.0%

industry average

📈

Revenue / Employee

$107K

per year

👤

Total Businesses

2,691

in the US

🏢

Est. Owner Income

$59K

small business avg

💵

Labor Cost

14.0%

of revenue

👥

Avg Employee Wage

N/A

per year (BLS)

💼

Market Saturation

0.8

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$267K
5-9 employees
$790K
10-19 employees
$1.9M
20-99 employees
$5.6M
100-499 employees
$5.2M
500+ employees
$734.1M

🏆 Highest Revenue States

1.Arizona$2.4M avg2.Maryland$2.1M avg3.Georgia$1.9M avg4.Massachusetts$1.9M avg5.California$1.9M avg6.Utah$1.9M avg7.Ohio$1.8M avg8.Nevada$1.8M avg9.Oregon$1.8M avg10.Illinois$1.8M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

8.7%

openings/year

Closure Rate

7.58%

closings/year

Net Job Growth

+0.54%

annual

Businesses Closed

1,944

in 2023

Firm Count Trend

19
20
21
22
23
23,135 firms23,199 firms

💡 Should You Start a Sewing, Needlework, and Piece Goods Stores Business?

Startup Cost

$75K – $400K

Break-Even

48 months

5-Year Survival Rate

48.0%

🆚 Related Industries

Gasoline Stations with Convenience Stores$6.0MElectronic Shopping and Mail-Order Houses$5.8MSupermarkets and Other Grocery (except Convenience) Stores$16.2MConvenience Stores$879KBeer, Wine, and Liquor Stores$1.1M

Compare Sewing, Needlework, and Piece Goods Stores revenue with other industries:

vs Gasolinevs Electronicvs Supermarkets