Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) in Michigan
Revenue benchmarks for lessors of nonfinancial intangible assets (except copyrighted works) businesses operating in Michigan.
#25 of 50 states-53.0% vs national avg
Average Revenue
$3.9M
per year
Businesses
68
in Michigan
Revenue / Employee
$355K
per year
Labor Cost
25.0%
of revenue
Profit Margin
20.0%
industry average
Market Saturation
0.7
firms per 100K in MI
Total Revenue
$267.8M
all firms in MI
Total Employees
755
in MI
How Michigan Compares
National Average$8.4M
Michigan$3.9M
Difference$4.4M (-53.0%)