Nursery, Garden Center, and Farm Supply Stores in Michigan
Revenue benchmarks for nursery, garden center, and farm supply stores businesses operating in Michigan.
#34 of 50 states-12.6% vs national avg
Average Revenue
$3.3M
per year
Businesses
309
in Michigan
Revenue / Employee
$267K
per year
Labor Cost
14.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
3.1
firms per 100K in MI
Total Revenue
$1.0B
all firms in MI
Total Employees
3,790
in MI
How Michigan Compares
National Average$3.8M
Michigan$3.3M
Difference$475K (-12.6%)