Finfish Fishing in Michigan
Revenue benchmarks for finfish fishing businesses operating in Michigan.
#3 of 50 states+143.2% vs national avg
Average Revenue
$2.2M
per year
Businesses
8
in Michigan
Revenue / Employee
$354K
per year
Labor Cost
20.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
0.1
firms per 100K in MI
Total Revenue
$17.7M
all firms in MI
Total Employees
50
in MI
How Michigan Compares
National Average$910K
Michigan$2.2M
Difference+$1.3M (+143.2%)