Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing vs Machine Shops

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

MetricRadio andMachine Shops
Average Revenue$45.6M$3.2M
Profit Margin10.0%10.0%
Est. Owner Income$4.6M$324K
Revenue / Employee$478K$268K
Labor Cost %22.0%22.0%
Total Businesses58317,275
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$122K$66K