Floor Covering Stores in Michigan
Revenue benchmarks for floor covering stores businesses operating in Michigan.
#30 of 50 states-15.2% vs national avg
Average Revenue
$2.7M
per year
Businesses
276
in Michigan
Revenue / Employee
$354K
per year
Labor Cost
14.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
2.7
firms per 100K in MI
Total Revenue
$757.8M
all firms in MI
Total Employees
2,141
in MI
How Michigan Compares
National Average$3.2M
Michigan$2.7M
Difference$493K (-15.2%)