Full-Service Restaurants in Michigan
Revenue benchmarks for full-service restaurants businesses operating in Michigan.
#36 of 50 states-18.5% vs national avg
Average Revenue
$1.3M
per year
Businesses
6,176
in Michigan
Revenue / Employee
$71K
per year
Labor Cost
33.0%
of revenue
Profit Margin
5.0%
industry average
Market Saturation
61.3
firms per 100K in MI
Total Revenue
$8.2B
all firms in MI
Total Employees
115,531
in MI
How Michigan Compares
National Average$1.6M
Michigan$1.3M
Difference$303K (-18.5%)