Operate · the United States
Underwriting: Retail Bakeries
What public records can and cannot establish about running this business in the United States, dimension by dimension, with the gaps named.
—
not scored
REWORK
PROVE
OPEN
NOT SCORED. 65 of 100 rubric points are evidenced deterministically from public records; 10 have no producer. The ±3.1 interval measured elsewhere on this site is ARBITER's sampling variance and does not apply to a SQL query, which returns the same answer every time it runs.
IndustryNAICS 311811
Scopethe United States
RubricO1.0-20260804
Pricedfree — no account, no gate
79th percentile of 287 industries
Where this industry stands
| Net formation, 5yr | Percentile | Reads as | Signal strength |
|---|---|---|---|
| +2.34% | 79th of 287 | forming faster than it is dying | ρ 0.57 across 4 backtested windows, 42.6pp decile separation |
Economic Census 2022
What it costs to produce
| Measure | Value |
|---|---|
| Margin on receipts | 65.6% |
| Computed as | value added — receipts less cost of materials |
| Industry receipts | $6.1bn |
SBA 7(a) acquisition loans · FY2010–FY2026
Can you borrow to buy one
| Measure | Value |
|---|---|
| Acquisition loans approved | 915 |
| Median loan | $111,318 |
| Mean rate | 7.47% |
| Mean term | 119 months |
| Charged off | 5.7% |
8,625 firms · Census SUSB 2022
What firms here actually earn
| Revenue band ($000) | Firms | Share | Cumulative | Labour share of revenue |
|---|---|---|---|---|
| <100 | 2,049 | 23.8% | 23.8% | 34.1% |
| 100-499 | 3,059 | 35.5% | 59.2% | 32.9% |
| 500-999 | 1,668 | 19.3% | 78.6% | 33.7% |
| 1,000-2,499 | 1,273 | 14.8% | 93.3% | 32.7% |
| 2,500-4,999 | 317 | 3.7% | 97.0% | 31.5% |
| 5,000-7,499 | 102 | 1.2% | 98.2% | 31.3% |
| 7,500-9,999 | 41 | 0.5% | 98.7% | 28.5% |
| 10,000-14,999 | 32 | 0.4% | 99.0% | 23.2% |
| 15,000-19,999 | 11 | 0.1% | 99.2% | 25.7% |
| 20,000-24,999 | 12 | 0.1% | 99.3% | 24.3% |
| 25,000-29,999 | 7 | 0.1% | 99.4% | 25.9% |
| 35,000-39,999 | 4 | 0.0% | 99.4% | 23.8% |
| 40,000-49,999 | 10 | 0.1% | 99.5% | 26.1% |
| 50,000-74,999 | 6 | 0.1% | 99.6% | 25.6% |
| 100,000+ | 34 | 0.4% | 100.0% | 14.9% |
SBA 7(a) · FY2010–FY2026
Can an acquisition here be financed?
| Measure | Value |
|---|---|
| SBA acquisition loans on record | 915 |
| Median loan | $111,318 |
| Typical rate | 7.47% |
| Typical term | 119 months |
| Total approved | $252,738,400 |
| Charge-off rate, seasoned cohorts | 5.7% |
| Loans that reached an outcome | 333 |
| Rank among industries | 37th of 501 |
Take this away
| Format | What it is |
|---|---|
| download the document → | One self-contained file — no stylesheet, no fonts, no scripts. Works offline, prints, and carries a content hash anyone can verify at /verify without an account. |
| JSON → | The same figures as data, with every source and gap attached. |
65 of 100 rubric points evidenced
What this report can and cannot underwrite
| Dimension | Weight | Evidence | Predicts? | Source |
|---|---|---|---|---|
| O1 · Demand density and recurrence | 25 | evidenced | predictive · ρ +0.57 | US Census County Business Patterns |
| O2 · Payment evidence | 15 | partial | not backtested | USASpending.gov — US federal government work, public domain |
| O3 · Licence gate favourability | 15 | evidenced | not backtested | CareerOneStop / ARC, U.S. Department of Labor |
| O4 · Labour availability | 15 | evidenced | not backtested | BLS Occupational Employment and Wage Statistics, May 2024 |
| O5 · Incumbent weakness | 10 | no producer | not backtested | none |
| O6 · Margin structure | 10 | partial | not backtested | US Census Economic Census 2022 |
| O7 · Ceiling | 10 | evidenced | DESCRIPTIVE ONLY · ρ +0.05 | US Census Business Dynamics Statistics — public domain |
Every licensed occupation in this industry
| Occupation | Share here | Concentration | Jurisdictions |
|---|---|---|---|
| Packers and Packagers, Hand | 4.85% | 12.0× | 2 of 56 |
| Food Batchmakers | 7.94% | 70.1× | 1 of 56 |
| Packaging and Filling Machine Operators and Tenders | 7.0% | 27.7× | 1 of 56 |
| Retail Salespersons | 3.42% | 1.5× | 27 of 56 |
| Cashiers | 5.67% | 2.9× | 6 of 56 |
| Fast Food and Counter Workers | 4.78% | 1.9× | 1 of 56 |
What this report cannot tell you
| Gap |
|---|
| licence gate — the only occupation matched is 'Bakers' at 22.72% of this industry's employment, licensed in 1 of 56 jurisdictions. Reported, but too narrow to be read as this industry's barrier to entry. |
| licence titles in this scope — none matched 'Bakers', though it is licensed in 1 jurisdictions nationally. The title differs locally, or the record is held municipally. |
| occupation mix for NAICS 311811 — the labour statistics carry no rows at this level, so everything about occupations here, including the defining occupation and its licence gate, is measured at NAICS 311800, a broader grouping. Establishment counts are for 311811 itself. |
| licence coverage — the register holds 54 of 56 US licensing jurisdictions, and 2,504 of its records carry no jurisdiction at all. A count of 1 is out of 54 searched, not out of 56. The unsearched jurisdictions are not evidence of no licence. |
| bonding_required_usd — no producer, and not estimated |