Limousine Service in Michigan
Revenue benchmarks for limousine service businesses operating in Michigan.
#18 of 50 states+23.4% vs national avg
Average Revenue
$639K
per year
Businesses
71
in Michigan
Revenue / Employee
$99K
per year
Labor Cost
35.0%
of revenue
Profit Margin
5.0%
industry average
Market Saturation
0.7
firms per 100K in MI
Total Revenue
$45.4M
all firms in MI
Total Employees
459
in MI
How Michigan Compares
National Average$518K
Michigan$639K
Difference+$121K (+23.4%)