Furniture Stores in Michigan
Revenue benchmarks for furniture stores businesses operating in Michigan.
#22 of 50 states-6.4% vs national avg
Average Revenue
$5.1M
per year
Businesses
334
in Michigan
Revenue / Employee
$352K
per year
Labor Cost
14.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
3.3
firms per 100K in MI
Total Revenue
$1.7B
all firms in MI
Total Employees
4,875
in MI
How Michigan Compares
National Average$5.5M
Michigan$5.1M
Difference$348K (-6.4%)