New Car Dealers in Michigan
Revenue benchmarks for new car dealers businesses operating in Michigan.
#20 of 50 states-8.0% vs national avg
Average Revenue
$57.7M
per year
Businesses
573
in Michigan
Revenue / Employee
$897K
per year
Labor Cost
8.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
5.7
firms per 100K in MI
Total Revenue
$33.1B
all firms in MI
Total Employees
36,864
in MI
How Michigan Compares
National Average$62.7M
Michigan$57.7M
Difference$5.0M (-8.0%)