Medicinal and Botanical Manufacturing vs Machine Shops

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

MetricMedicinal andMachine Shops
Average Revenue$21.0M$3.2M
Profit Margin10.0%10.0%
Est. Owner Income$2.1M$324K
Revenue / Employee$446K$268K
Labor Cost %18.0%22.0%
Total Businesses72017,275
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$132K$66K