Baked Goods Stores in Michigan
Revenue benchmarks for baked goods stores businesses operating in Michigan.
#40 of 50 states-46.5% vs national avg
Average Revenue
$983K
per year
Businesses
121
in Michigan
Revenue / Employee
$149K
per year
Labor Cost
14.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
1.2
firms per 100K in MI
Total Revenue
$118.9M
all firms in MI
Total Employees
800
in MI
How Michigan Compares
National Average$1.8M
Michigan$983K
Difference$856K (-46.5%)