Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing vs Machine Shops

Side-by-side revenue comparison of these two business types.

MetricAir-Conditioning andMachine Shops
Average Revenue$36.9M$3.2M
Profit Margin10.0%10.0%
Est. Owner Income$3.7M$324K
Revenue / Employee$274K$268K
Labor Cost %22.0%22.0%
Total Businesses66817,275
Startup Cost (Low)$50K$50K
Startup Cost (High)$250K$250K
5-Year Survival Rate50.0%50.0%
YoY Growth5.0%5.0%
Avg Employee Wage$70K$66K