Confectionery and Nut Stores in Michigan
Revenue benchmarks for confectionery and nut stores businesses operating in Michigan.
#15 of 50 states-15.2% vs national avg
Average Revenue
$1.3M
per year
Businesses
84
in Michigan
Revenue / Employee
$208K
per year
Labor Cost
14.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
0.8
firms per 100K in MI
Total Revenue
$106.7M
all firms in MI
Total Employees
514
in MI
How Michigan Compares
National Average$1.5M
Michigan$1.3M
Difference$227K (-15.2%)