Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance in Michigan
Revenue benchmarks for commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance businesses operating in Michigan.
#8 of 50 states+11.5% vs national avg
Average Revenue
$1.9M
per year
Businesses
749
in Michigan
Revenue / Employee
$169K
per year
Labor Cost
38.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
7.4
firms per 100K in MI
Total Revenue
$1.4B
all firms in MI
Total Employees
8,478
in MI
How Michigan Compares
National Average$1.7M
Michigan$1.9M
Difference+$197K (+11.5%)