Telephone Answering Services in Minnesota

Revenue benchmarks for telephone answering services businesses operating in Minnesota.

#9 of 50 states+76.2% vs national avg

Average Revenue

$4.8M

per year

Businesses

11

in Minnesota

Revenue / Employee

$139K

per year

Labor Cost

55.0%

of revenue

Profit Margin

8.0%

industry average

Market Saturation

0.2

firms per 100K in MN

Total Revenue

$52.9M

all firms in MN

Total Employees

380

in MN

How Minnesota Compares

National Average$2.7M
Minnesota$4.8M
Difference+$2.1M (+76.2%)