Supermarkets and Other Grocery (except Convenience) Stores in Michigan
Revenue benchmarks for supermarkets and other grocery (except convenience) stores businesses operating in Michigan.
#47 of 50 states-37.3% vs national avg
Average Revenue
$10.2M
per year
Businesses
1,154
in Michigan
Revenue / Employee
$208K
per year
Labor Cost
12.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
11.5
firms per 100K in MI
Total Revenue
$11.7B
all firms in MI
Total Employees
56,359
in MI
How Michigan Compares
National Average$16.2M
Michigan$10.2M
Difference$6.0M (-37.3%)