Lessors of Nonresidential Buildings (except Miniwarehouses) in Michigan
Revenue benchmarks for lessors of nonresidential buildings (except miniwarehouses) businesses operating in Michigan.
#30 of 50 states-37.9% vs national avg
Average Revenue
$1.1M
per year
Businesses
655
in Michigan
Revenue / Employee
$251K
per year
Labor Cost
25.0%
of revenue
Profit Margin
20.0%
industry average
Market Saturation
6.5
firms per 100K in MI
Total Revenue
$692.3M
all firms in MI
Total Employees
2,762
in MI
How Michigan Compares
National Average$1.7M
Michigan$1.1M
Difference$646K (-37.9%)