Medical Laboratories vs Offices of Dentists

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

MetricMedical LaboratoriesOffices of
Average Revenue$7.7M$915K
Profit Margin13.0%13.0%
Est. Owner Income$1.0M$119K
Revenue / Employee$145K$113K
Labor Cost %50.0%50.0%
Total Businesses4,184122,711
Startup Cost (Low)$75K$200K
Startup Cost (High)$300K$500K
5-Year Survival Rate70.0%82.0%
YoY Growth5.0%4.0%
Avg Employee Wage$79K$63K