Convenience Stores in Michigan
Revenue benchmarks for convenience stores businesses operating in Michigan.
#21 of 50 states+5.8% vs national avg
Average Revenue
$931K
per year
Businesses
736
in Michigan
Revenue / Employee
$162K
per year
Labor Cost
12.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
7.3
firms per 100K in MI
Total Revenue
$684.9M
all firms in MI
Total Employees
4,233
in MI
How Michigan Compares
National Average$879K
Michigan$931K
Difference+$51K (+5.8%)