Family Clothing Stores in Michigan
Revenue benchmarks for family clothing stores businesses operating in Michigan.
#30 of 50 states-52.4% vs national avg
Average Revenue
$4.7M
per year
Businesses
256
in Michigan
Revenue / Employee
$90K
per year
Labor Cost
20.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
2.5
firms per 100K in MI
Total Revenue
$1.2B
all firms in MI
Total Employees
13,499
in MI
How Michigan Compares
National Average$9.9M
Michigan$4.7M
Difference$5.2M (-52.4%)