{
  "name": "Las Vegas Retail store Profit Margin Benchmarks",
  "description": "Gross margin, net margin, cost-share, labor, and market-size benchmarks for independent retail stores in Las Vegas, Nevada. Ranges are planning benchmarks for owner-operated businesses, not forecasts.",
  "version": "2026 city benchmark edition",
  "city": "Las Vegas",
  "state": "Nevada",
  "industry": "Retail store",
  "reviewStatus": "screening",
  "coverage": "Independent retail store operators in Las Vegas, Nevada; national chains, franchise groups, and multi-unit operators excluded unless noted",
  "dataCompiledAt": "June 22, 2026",
  "sourcesVerifiedAt": "2026-09-27",
  "license": "https://creativecommons.org/licenses/by/4.0/",
  "sourcePage": "https://hustlefin.com/benchmarks/retail/city/las-vegas/",
  "citation": "HustleFin (2026). Las Vegas Retail store Profit Margin Benchmarks. Retrieved from https://hustlefin.com/benchmarks/retail/city/las-vegas/",
  "metrics": [
    {
      "key": "gross_margin_pct",
      "label": "Gross margin",
      "unit": "percent",
      "low": 33,
      "average": 41,
      "high": 50
    },
    {
      "key": "net_margin_pct",
      "label": "Net margin",
      "unit": "percent",
      "low": 2,
      "average": 5,
      "high": 7
    },
    {
      "key": "labor_cost_pct",
      "label": "Labor cost (% of revenue)",
      "unit": "percent",
      "low": 10,
      "average": 13,
      "high": 17
    },
    {
      "key": "occupancy_cost_pct",
      "label": "Occupancy cost (% of revenue)",
      "unit": "percent",
      "low": 5,
      "average": 7,
      "high": 9
    },
    {
      "key": "typical_revenue",
      "label": "Typical revenue",
      "unit": "text",
      "value": "$200,000 – $3,500,000/year for independent Las Vegas retailers"
    }
  ],
  "labor": {
    "minimumWage": "$12.00/hr (NV), $11.00/hr (with qualifying health insurance)",
    "stateMinimumWage": "$12.00/hr (Nevada, 2025)",
    "note": "No Nevada state income tax. No tip credit."
  },
  "market": [
    {
      "label": "Estimated stores",
      "value": 6400
    },
    {
      "label": "Commercial rent range",
      "value": "$20–35/sqft (off-Strip), $40–80+/sqft (Strip-adjacent, often percentage-rent)"
    },
    {
      "label": "Sales tax (general)",
      "value": "8.375% combined (6.85% NV state + 1.525% Clark County)"
    },
    {
      "label": "Special fees",
      "value": "Nevada state business license fee; no state income tax"
    }
  ],
  "sources": [
    {
      "label": "U.S. Bureau of Labor Statistics — OEWS",
      "url": "https://www.bls.gov/oes/",
      "note": "Occupational Employment and Wage Statistics; the basis for the wage figures used in the labor snapshot."
    },
    {
      "label": "Nevada Department of Taxation",
      "url": "https://tax.nv.gov/",
      "note": "State sales tax, county rates, and live-entertainment tax."
    },
    {
      "label": "U.S. Census Bureau",
      "url": "https://www.census.gov/",
      "note": "Federal statistical baseline for population, business counts, and local market size."
    },
    {
      "label": "The Retail Owners Institute — Key Retail Benchmarks",
      "url": "https://retailowner.com/Retail-Benchmarks/Key-Retail-Benchmarks",
      "note": "Retail ratio benchmarks by NAICS segment (gross margin, inventory turnover, GMROI) built on RMA Annual Statement Studies data."
    },
    {
      "label": "Clark County",
      "url": "https://www.clarkcountynv.gov/",
      "note": "County business licensing (Las Vegas is in Clark County)."
    }
  ]
}