Footwear and Leather Goods Repair in Michigan

Revenue benchmarks for footwear and leather goods repair businesses operating in Michigan.

#15 of 50 states-0.6% vs national avg

Average Revenue

$191K

per year

💰

Businesses

21

in Michigan

🏢

Revenue / Employee

$89K

per year

👤

Labor Cost

38.0%

of revenue

👥

Profit Margin

8.0%

industry average

📈

Market Saturation

0.2

firms per 100K in MI

🎯

Total Revenue

$4.0M

all firms in MI

💵

Total Employees

45

in MI

👷

How Michigan Compares

National Average$192K
Michigan$191K
Difference$1K (-0.6%)