Parking Lots and Garages in Michigan
Revenue benchmarks for parking lots and garages businesses operating in Michigan.
#20 of 50 states-24.9% vs national avg
Average Revenue
$2.2M
per year
Businesses
59
in Michigan
Revenue / Employee
$68K
per year
Labor Cost
38.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
0.6
firms per 100K in MI
Total Revenue
$128.6M
all firms in MI
Total Employees
1,897
in MI
How Michigan Compares
National Average$2.9M
Michigan$2.2M
Difference$722K (-24.9%)