Used Car Dealers in Michigan
Revenue benchmarks for used car dealers businesses operating in Michigan.
#27 of 50 states-17.0% vs national avg
Average Revenue
$4.0M
per year
Businesses
679
in Michigan
Revenue / Employee
$691K
per year
Labor Cost
8.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
6.7
firms per 100K in MI
Total Revenue
$2.7B
all firms in MI
Total Employees
3,918
in MI
How Michigan Compares
National Average$4.8M
Michigan$4.0M
Difference$818K (-17.0%)