Confectionery Manufacturing from Purchased Chocolate in Michigan
Revenue benchmarks for confectionery manufacturing from purchased chocolate businesses operating in Michigan.
#25 of 50 states-72.0% vs national avg
Average Revenue
$2.4M
per year
Businesses
33
in Michigan
Revenue / Employee
$207K
per year
Labor Cost
18.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.3
firms per 100K in MI
Total Revenue
$80.8M
all firms in MI
Total Employees
390
in MI
How Michigan Compares
National Average$8.8M
Michigan$2.4M
Difference$6.3M (-72.0%)