Tobacco and Tobacco Product Merchant Wholesalers in Michigan
Revenue benchmarks for tobacco and tobacco product merchant wholesalers businesses operating in Michigan.
#22 of 50 states-10.9% vs national avg
Average Revenue
$19.9M
per year
Businesses
44
in Michigan
Revenue / Employee
$560K
per year
Labor Cost
12.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
0.4
firms per 100K in MI
Total Revenue
$876.0M
all firms in MI
Total Employees
1,565
in MI
How Michigan Compares
National Average$22.3M
Michigan$19.9M
Difference$2.4M (-10.9%)