All Other Leather Good and Allied Product Manufacturing vs Machine Shops

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

MetricAll OtherMachine Shops
Average Revenue$3.5M$3.2M
Profit Margin10.0%10.0%
Est. Owner Income$350K$324K
Revenue / Employee$217K$268K
Labor Cost %18.0%22.0%
Total Businesses62117,275
Startup Cost (Low)$50K$50K
Startup Cost (High)$250K$250K
5-Year Survival Rate50.0%50.0%
YoY Growth5.0%5.0%
Avg Employee WageN/A$66K