Sporting Goods Stores in Michigan

Revenue benchmarks for sporting goods stores businesses operating in Michigan.

#23 of 50 states-5.0% vs national avg

Average Revenue

$2.9M

per year

💰

Businesses

523

in Michigan

🏢

Revenue / Employee

$188K

per year

👤

Labor Cost

14.0%

of revenue

👥

Profit Margin

4.0%

industry average

📈

Market Saturation

5.2

firms per 100K in MI

🎯

Total Revenue

$1.5B

all firms in MI

💵

Total Employees

8,154

in MI

👷

How Michigan Compares

National Average$3.1M
Michigan$2.9M
Difference$153K (-5.0%)