Bed-and-Breakfast Inns in Michigan
Revenue benchmarks for bed-and-breakfast inns businesses operating in Michigan.
#20 of 50 states-16.3% vs national avg
Average Revenue
$321K
per year
Businesses
77
in Michigan
Revenue / Employee
$103K
per year
Labor Cost
32.0%
of revenue
Profit Margin
5.0%
industry average
Market Saturation
0.8
firms per 100K in MI
Total Revenue
$24.7M
all firms in MI
Total Employees
241
in MI
How Michigan Compares
National Average$384K
Michigan$321K
Difference$63K (-16.3%)