Motor Vehicle Towing in Michigan
Revenue benchmarks for motor vehicle towing businesses operating in Michigan.
#11 of 50 states+8.0% vs national avg
Average Revenue
$940K
per year
Businesses
276
in Michigan
Revenue / Employee
$132K
per year
Labor Cost
35.0%
of revenue
Profit Margin
5.0%
industry average
Market Saturation
2.7
firms per 100K in MI
Total Revenue
$259.5M
all firms in MI
Total Employees
1,970
in MI
How Michigan Compares
National Average$870K
Michigan$940K
Difference+$70K (+8.0%)