Boat Building in Michigan
Revenue benchmarks for boat building businesses operating in Michigan.
#8 of 50 states+96.1% vs national avg
Average Revenue
$23.6M
per year
Businesses
22
in Michigan
Revenue / Employee
$235K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.2
firms per 100K in MI
Total Revenue
$519.9M
all firms in MI
Total Employees
2,216
in MI
How Michigan Compares
National Average$12.1M
Michigan$23.6M
Difference+$11.6M (+96.1%)