Retail Bakeries in Michigan
Revenue benchmarks for retail bakeries businesses operating in Michigan.
#12 of 50 states+3.7% vs national avg
Average Revenue
$1.9M
per year
Businesses
269
in Michigan
Revenue / Employee
$197K
per year
Labor Cost
18.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
2.7
firms per 100K in MI
Total Revenue
$505.5M
all firms in MI
Total Employees
2,561
in MI
How Michigan Compares
National Average$1.8M
Michigan$1.9M
Difference+$67K (+3.7%)