Industrial Supplies Merchant Wholesalers in Michigan
Revenue benchmarks for industrial supplies merchant wholesalers businesses operating in Michigan.
#17 of 50 states-12.9% vs national avg
Average Revenue
$10.0M
per year
Businesses
229
in Michigan
Revenue / Employee
$716K
per year
Labor Cost
12.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
2.3
firms per 100K in MI
Total Revenue
$2.3B
all firms in MI
Total Employees
3,197
in MI
How Michigan Compares
National Average$11.5M
Michigan$10.0M
Difference$1.5M (-12.9%)