Language Schools vs Fine Arts Schools

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

MetricLanguage SchoolsFine Arts
Average Revenue$897K$233K
Profit Margin10.0%10.0%
Est. Owner Income$90K$23K
Revenue / Employee$70K$35K
Labor Cost %55.0%55.0%
Total Businesses1,35615,235
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$30K$23K