Farm Supplies Merchant Wholesalers in Michigan
Revenue benchmarks for farm supplies merchant wholesalers businesses operating in Michigan.
#3 of 50 states+40.6% vs national avg
Average Revenue
$19.0M
per year
Businesses
100
in Michigan
Revenue / Employee
$796K
per year
Labor Cost
12.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
1.0
firms per 100K in MI
Total Revenue
$1.9B
all firms in MI
Total Employees
2,389
in MI
How Michigan Compares
National Average$13.5M
Michigan$19.0M
Difference+$5.5M (+40.6%)