Commercial Bakeries in Michigan
Revenue benchmarks for commercial bakeries businesses operating in Michigan.
#28 of 50 states-15.5% vs national avg
Average Revenue
$9.9M
per year
Businesses
58
in Michigan
Revenue / Employee
$226K
per year
Labor Cost
18.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.6
firms per 100K in MI
Total Revenue
$572.6M
all firms in MI
Total Employees
2,531
in MI
How Michigan Compares
National Average$11.7M
Michigan$9.9M
Difference$1.8M (-15.5%)