Used Merchandise Stores in Michigan
Revenue benchmarks for used merchandise stores businesses operating in Michigan.
#27 of 50 states-19.4% vs national avg
Average Revenue
$2.0M
per year
Businesses
376
in Michigan
Revenue / Employee
$146K
per year
Labor Cost
14.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
3.7
firms per 100K in MI
Total Revenue
$759.2M
all firms in MI
Total Employees
5,214
in MI
How Michigan Compares
National Average$2.5M
Michigan$2.0M
Difference$486K (-19.4%)