Drinking Places (Alcoholic Beverages) vs Snack and Nonalcoholic Beverage Bars

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

MetricDrinking PlacesSnack and
Average Revenue$641K$810K
Profit Margin5.0%5.0%
Est. Owner Income$32K$41K
Revenue / Employee$85K$55K
Labor Cost %32.0%33.0%
Total Businesses37,49055,670
Startup Cost (Low)$100K$50K
Startup Cost (High)$500K$200K
5-Year Survival Rate40.0%35.0%
YoY Growth7.0%15.0%
Avg Employee Wage$26K$23K