Supermarkets and Other Grocery (except Convenience) Stores Revenue Benchmarks

How much does the average supermarkets and other grocery (except convenience) stores business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$16.2M

per year

💰

Profit Margin

4.0%

industry average

📈

Revenue / Employee

$218K

per year

👤

Total Businesses

38,170

in the US

🏢

Est. Owner Income

$648K

small business avg

💵

Labor Cost

12.0%

of revenue

👥

Avg Employee Wage

$32K

per year (BLS)

💼

Market Saturation

11.5

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$443K
5-9 employees
$1.3M
10-19 employees
$2.8M
20-99 employees
$8.7M
100-499 employees
$37.3M
500+ employees
$1.7B

🏆 Highest Revenue States

1.Arizona$46.2M avg2.Nevada$37.2M avg3.Colorado$35.7M avg4.New Hampshire$33.8M avg5.Texas$30.5M avg6.New Mexico$28.0M avg7.South Carolina$27.5M avg8.Utah$25.5M avg9.Virginia$24.6M avg10.Massachusetts$23.4M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

9.03%

openings/year

Closure Rate

7.77%

closings/year

Net Job Growth

+0.14%

annual

Businesses Closed

6,068

in 2023

Firm Count Trend

19
20
21
22
23
60,042 firms65,750 firms

💡 Should You Start a Supermarkets and Other Grocery Business?

Startup Cost

$250K – $1.5M

Break-Even

16 months

5-Year Survival Rate

52.0%

🆚 Related Industries

Gasoline Stations with Convenience Stores$6.0MElectronic Shopping and Mail-Order Houses$5.8MConvenience Stores$879KBeer, Wine, and Liquor Stores$1.1MUsed Car Dealers$4.8M

Compare Supermarkets and Other Grocery (except Convenience) Stores revenue with other industries:

vs Gasolinevs Electronicvs Convenience