Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers in Michigan
Revenue benchmarks for household appliances, electric housewares, and consumer electronics merchant wholesalers businesses operating in Michigan.
#3 of 50 states+63.9% vs national avg
Average Revenue
$33.1M
per year
Businesses
48
in Michigan
Revenue / Employee
$745K
per year
Labor Cost
12.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
0.5
firms per 100K in MI
Total Revenue
$1.6B
all firms in MI
Total Employees
2,130
in MI
How Michigan Compares
National Average$20.2M
Michigan$33.1M
Difference+$12.9M (+63.9%)