Sporting Goods Stores Revenue Benchmarks

How much does the average sporting goods stores business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$3.1M

per year

💰

Profit Margin

4.0%

industry average

📈

Revenue / Employee

$197K

per year

👤

Total Businesses

15,248

in the US

🏢

Est. Owner Income

$123K

small business avg

💵

Labor Cost

14.0%

of revenue

👥

Avg Employee Wage

N/A

per year (BLS)

💼

Market Saturation

4.6

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$439K
5-9 employees
$1.4M
10-19 employees
$2.9M
20-99 employees
$7.6M
100-499 employees
$24.2M
500+ employees
$399.1M

🏆 Highest Revenue States

1.North Dakota$5.9M avg2.Texas$4.9M avg3.South Dakota$4.0M avg4.Washington$3.7M avg5.Colorado$3.7M avg6.Nebraska$3.7M avg7.Alabama$3.7M avg8.Minnesota$3.6M avg9.Louisiana$3.6M avg10.Kansas$3.5M 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 Sporting Goods Stores Business?

Startup Cost

$75K – $400K

Break-Even

23 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 Sporting Goods Stores revenue with other industries:

vs Gasolinevs Electronicvs Supermarkets