Optical Goods Stores in Michigan

Revenue benchmarks for optical goods stores businesses operating in Michigan.

#12 of 50 states+9.7% vs national avg

Average Revenue

$7.4M

per year

💰

Businesses

93

in Michigan

🏢

Revenue / Employee

$342K

per year

👤

Labor Cost

10.0%

of revenue

👥

Profit Margin

4.0%

industry average

📈

Market Saturation

0.9

firms per 100K in MI

🎯

Total Revenue

$684.8M

all firms in MI

💵

Total Employees

2,000

in MI

👷

How Michigan Compares

National Average$6.7M
Michigan$7.4M
Difference+$651K (+9.7%)