Confectionery and Nut Stores — Business Survival Rate
An estimated 58% of confectionery and nut stores businesses survive their first 5 years, based on U.S. Census Bureau Business Dynamics Statistics. The annual business closure rate is 10.3%.
Is Confectionery and Nut Stores a Good Business to Start?
With a 58% five-year survival rate, confectionery and nut stores is near the national average (~50%). This means roughly half of new entrants will still be operating after 5 years — typical business risk that rewards solid planning and execution.
The annual exit rate of 10.3% indicates moderate turnover. Success depends on differentiation, location, and operational efficiency rather than inherent industry advantages.
Entry vs. Exit Rates
Annual rate of new businesses opening versus existing businesses closing.
Net positive: more businesses opening than closing (+4.6 pp spread).
Job Creation & Destruction
The industry is adding jobs faster than losing them — a positive sign for both workers and new business owners looking to hire. Total employment: 175,048 workers across 18,236 firms.
Want to know how much confectionery and nut stores businesses actually make?
See full revenue benchmarks for Confectionery and Nut Stores →Frequently Asked Questions
- What percentage of confectionery and nut stores businesses fail?
- Approximately 42% of confectionery and nut stores businesses fail within their first 5 years. The annual closure rate is 10.3%, with 1,785 firms closing permanently in 2023.
- Is the confectionery and nut stores industry growing or shrinking?
- The confectionery and nut stores industry is currently growing with a net job creation rate of +5.7% per year. New businesses are entering at 14.9% while 10.3% close annually.
Source: U.S. Census Bureau, Business Dynamics Statistics (2023). Survival rate estimated from annual exit rates.