Hardware Merchant Wholesalers in Michigan
Revenue benchmarks for hardware merchant wholesalers businesses operating in Michigan.
#10 of 50 states+11.9% vs national avg
Average Revenue
$13.5M
per year
Businesses
148
in Michigan
Revenue / Employee
$593K
per year
Labor Cost
12.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
1.5
firms per 100K in MI
Total Revenue
$2.0B
all firms in MI
Total Employees
3,367
in MI
How Michigan Compares
National Average$12.1M
Michigan$13.5M
Difference+$1.4M (+11.9%)