• Health food retailing

    Businesses in this industry sell health products, including health foods and drinks, vitamins, sports supplements, organic products and herbal products. They may also sell healthy-living products and services such as health food recipes, skin products and cooking classes.

    Performance benchmarks

    These benchmarks use information reported on tax returns and activity statements for the 2014–15 financial year, and are updated each year. This is the most current data.

    The benchmarks show ranges of business income to business expenses that you can use to compare your performance against similar businesses in your industry.

    Key benchmark range

    Cost of sales to turnover is the key benchmark range for this industry – it is likely to be the most accurate when predicting business turnover. If you don't report cost of sales, or only report a small amount, use total expenses to turnover as your key benchmark range instead.

    Generally, you should fall within the key benchmark range for your particular annual turnover.

    Falling outside the key benchmarks for your industry may indicate your business has room for improvement.

    It may also be worthwhile checking you reported all income and accounted for any trading stock you may have used for private purposes, as these can affect your results. Certain businesses can use amounts we accept as estimates, check if they are available for you.

    See also:

    2014–15 financial year

    Tax return – key benchmarks for 2014–15

    Key benchmark range

    Annual turnover range

    $65,000 – $400,000

    $400,001 – $600,000

    More than $600,000

    Cost of sales/turnover

    55% – 64%

    58% – 63%

    59% – 63%

    Average cost of sales

    59%

    61%

    61%

    Total expenses/turnover

    80% – 90%

    86% – 92%

    90% – 94%

    Average total expenses

    85%

    89%

    92%

    Activity statement – key benchmarks for 2014–15

    Key benchmark range

    Annual turnover range

    $65,000 – $400,000

    $400,001 – $600,000

    More than $600,000

    Non-capital purchases/
    total sales

    69% – 82%

    74% – 83%

    75% – 80%

    Other benchmark information that may assist your business

    Not all expenses, such as those below, are reported by every business.

    Because there are fewer businesses in your industry that report this information, only use this information as a guide if it applies to your business.

    Tax return – other benchmarks for 2014–15

    Benchmark range

    Annual turnover range

    $65,000 – $400,000

    $400,001 – $600,000

    More than $600,000

    Labour/turnover

    11% – 19%

    10% – 14%

    11% – 15%

    Rent/turnover

    8% – 13%

    8% – 11%

    6% – 11%

    Motor vehicle expenses/turnover

    2% – 3%

    1% 

    1% 

      Last modified: 28 Mar 2017QC 43763