Book Stores in Michigan
Revenue benchmarks for book stores businesses operating in Michigan.
#27 of 50 states-20.3% vs national avg
Average Revenue
$2.2M
per year
Businesses
95
in Michigan
Revenue / Employee
$153K
per year
Labor Cost
14.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
0.9
firms per 100K in MI
Total Revenue
$207.6M
all firms in MI
Total Employees
1,360
in MI
How Michigan Compares
National Average$2.7M
Michigan$2.2M
Difference$555K (-20.3%)