Repossession Services in Michigan
Revenue benchmarks for repossession services businesses operating in Michigan.
#5 of 50 states+65.5% vs national avg
Average Revenue
$1.5M
per year
Businesses
14
in Michigan
Revenue / Employee
$61K
per year
Labor Cost
55.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
0.1
firms per 100K in MI
Total Revenue
$20.4M
all firms in MI
Total Employees
332
in MI
How Michigan Compares
National Average$881K
Michigan$1.5M
Difference+$577K (+65.5%)