Household Appliance Stores in Michigan
Revenue benchmarks for household appliance stores businesses operating in Michigan.
#11 of 50 states+8.2% vs national avg
Average Revenue
$4.2M
per year
Businesses
137
in Michigan
Revenue / Employee
$336K
per year
Labor Cost
15.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
1.4
firms per 100K in MI
Total Revenue
$570.9M
all firms in MI
Total Employees
1,699
in MI
How Michigan Compares
National Average$3.9M
Michigan$4.2M
Difference+$315K (+8.2%)