Food (Health) Supplement Stores in Michigan
Revenue benchmarks for food (health) supplement stores businesses operating in Michigan.
#22 of 50 states-10.6% vs national avg
Average Revenue
$1.6M
per year
Businesses
153
in Michigan
Revenue / Employee
$246K
per year
Labor Cost
10.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
1.5
firms per 100K in MI
Total Revenue
$237.8M
all firms in MI
Total Employees
965
in MI
How Michigan Compares
National Average$1.7M
Michigan$1.6M
Difference$185K (-10.6%)