Shoe Stores in Minnesota
Revenue benchmarks for shoe stores businesses operating in Minnesota.
#28 of 50 states-45.1% vs national avg
Average Revenue
$3.7M
per year
Businesses
115
in Minnesota
Revenue / Employee
$150K
per year
Labor Cost
14.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
2.0
firms per 100K in MN
Total Revenue
$429.4M
all firms in MN
Total Employees
2,869
in MN
How Minnesota Compares
National Average$6.8M
Minnesota$3.7M
Difference$3.1M (-45.1%)