Sorren
Reports

Benchmark Report

Sorren-branded, client-ready reporting generated from the selected peer cohort.

Prebuilt reports
Sorren Benchmark Report

Mesa Verde Bread Company

Grants Pass, OR · NAICS 311811 Retail Bakeries

Tax year 2026
Prepared by Andrew Soltis
Medford, OR office
Section 1

Executive Summary

Mesa Verde Bread Company generated $2,112,000 of revenue in 2026 with 19 employees, producing an EBITDA margin of 16.2% against a peer median of 6.3%. Compared with 134 similar businesses, performance is strongest in leverage and warrants examination in tax efficiency. Total benchmark variance across all categories is $25K.

Section 2

Company Snapshot

Revenue
$2.11M
Employees
19
Entity type
S Corporation
Years in business
9
Gross margin
66.2%
EBITDA margin
16.2%
Net margin
9.5%
Effective tax rate
19.8%
Section 3

Peer Group Definition

134 businessesNAICS 311811 — Retail BakeriesORRevenue $1.1M–$3.4M9–27 employeesTax year 2026

Comparison sample size 134; NAICS 311811; revenue range $1.10M$3.40M; geographic filter OR. Data availability for this client: 88% coverage across tax return, financial statements, payroll and employee records.

Section 4

Financial Performance

Line item (% revenue)CompanyPeer medianTop 25%
Revenue100.0%100.0%100.0%
Cost of Goods Sold33.8%38.7%33.8%
Gross Profit66.2%61.3%66.2%
Payroll24.6%31.0%27.4%
Benefits3.0%3.4%2.9%
Occupancy10.0%8.0%7.2%
Marketing1.8%2.2%2.5%
Insurance0.9%1.2%1.1%
Professional Fees0.6%0.7%0.6%
Administrative & Other5.1%4.9%4.2%
EBITDA16.2%6.3%10.4%
Depreciation3.2%2.6%2.3%
Interest1.2%1.3%1.1%
Net Income9.5%1.9%5.3%
Section 5

Profitability and Operational Efficiency

Growth
40th
Profitability
86th
Labor Efficiency
80th
Operating Efficiency
44th
Liquidity
62nd
Leverage
91st
Tax Efficiency
31st
Asset Efficiency
64th
Section 6

Balance Sheet

Current Ratio
2.32
median 2.23
Quick Ratio
2.09
median 1.89
Debt / EBITDA
1.05
median 2.85
Debt / Equity
0.46
median 0.68
Days Sales Outstanding
7.24
median 8.94
Asset Turnover
1.68
median 1.97
Section 7

Tax Overview

Federal tax
$38,641
State tax
$10,899
Effective rate
19.8%
Section 179
$47,408
Owner compensation
$96,409
Owner distributions
$151,806
Retirement
$23,394
Capital expenditures
$137,417
Section 8

Industry Trends

YearRevenueGrowthGrossEBITDAPayroll %
2022$1.90M+6.2%64.7%16.0%26.4%
2023$1.84M-3.3%64.6%15.9%26.2%
2024$1.91M+3.9%65.3%16.1%26.8%
2025$2.04M+6.4%66.2%16.3%27.6%
2026$2.11M+3.7%66.2%16.2%27.5%
Section 9

Opportunities for Discussion

  • Owner Compensation Structure. Owner compensation represents 4.6% of revenue compared with a 5.8% median for comparable entities. Should compensation strategy be reviewed with the tax team?Benchmark variance $25K
  • Working Capital Position. Current ratio of 2.32 compares with an industry median of 2.23. How much liquidity headroom does the business need through its cycle?
  • Payroll Efficiency. Total labor cost represents 27.5% of revenue against a peer median of 34.4%. Is the staffing model carrying capacity for growth, or absorbing margin?
  • Gross Margin Variance. Gross margin of 66.2% compares with a peer median of 61.3%. Where are direct costs and pricing diverging from comparable businesses?
  • Operating Expense Load. Operating expenses run 49.9% of revenue versus a peer median of 55.7%. Which expense categories account for the difference?
  • Revenue per Employee. Revenue per employee of $111K compares with a peer median of $100K. Is productivity constrained by capacity, mix, or pricing?
  • Leverage Profile. Debt to EBITDA of 1.05x compares with a peer median of 2.85x. Does the capital structure match the asset base and cash cycle?
Section 10

Advisor Notes

Section 11

Methodology

Sorren Benchmark aggregates anonymized financial, tax, payroll and operational data across 60,000 businesses. Peer statistics report count, mean, median, 10th, 25th, 75th and 90th percentiles and standard deviation. Comparisons use normalized ratios rather than raw dollars. Statistics are released only where a cohort contains at least 10 businesses, and individual peer companies are never displayed. Benchmark variance expresses the mathematical difference between this company and its peer median; it is not a projection of savings, nor tax or investment advice.