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Musical Instrument Stores

SIC 5736 | NAICS 451140

The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.


Select from the following sections or scroll below to view available resources:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources


For guides to other industries, see our index of over 400 industries.




Industry Analysis, Statistics, Trends, and Forecasts


Musical Instrument and Supplies Stores  (view report)
Online Instrument and Supplies Stores  (view report)

Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

  • Key statistics
  • Market size and characteristics
  • Current performance
  • Competitive landscape
  • Major companies
  • Key risk and success factors
  • Five-year growth forecast


NAMM
Information resources available from this trade association include:

Playback Magazine
http://www.namm.org/playback-magazine
Quarterly trade publication features news and information for music product retailers, with topics covered including industry news and trends, marketing ideas, business tips, dealer profiles, and more. Current and archived digital editions of the magazine can be viewed free online.

NAMM Global Report
http://www.namm.org/library
Annual publication provides current and historical trend data for retail sales of music instruments, sound and recording equipment, and other related products by market segment in the U.S. and other countries. Current publication is available to members only; prior year publication can be viewed free online.


First Research

Musical Instrument Stores
http://www.firstresearch.com
First Research profiles cover key aspects of an industry's size, scope, and operations, and include a five-year revenue growth forecast. Profiles are updated quarterly and include:
  • Industry overview
  • Recent developments
  • Critical issues and challenges
  • Business trends and opportunities
  • Executive insights
  • Financial benchmarking data
  • Five-year growth forecast


MMR
Information resources available from this organization include:

MMR Magazine
http://mmrmagazine.com/
Monthly trade publication features news and information for dealers, with special features including the "Annual Profile of the American Music Dealer" (July), "50 State/50 Dealer Review and Forecast" (December), and "America's Top Chains" (December) reports. Digital editions of the magazine are available online.

Annual Profile of the American Music Dealer
http://mmrmagazine.com/
Annual profile provides current and historical trend data for dealers, with data provided including total stores in operation, product categories carried, percentage shares by product type, number of specialty stores, and number of stores by state. Annual dealer profiles are available online in the July issues of MMR Magazine.


Music Trades Magazine
Information resources available from this organization include:

The Music Industry Census
http://www.musictrades.com/census.html
Annual publication provides detailed retail sales statistics for instruments, sound and recording equipment, and other related products for 55 product categories, with data provided including six-year sales history in both dollars and total units sold, average unit prices, sales by price point, retail and wholesale margins, and more. Product categories covered and sample data can be viewed free online.

Quarterly Retail Sales
http://www.musictrades.com/quarterly.html
Quarterly retail sales report provides current and historical quarterly U.S. retail sales data for instruments, sound and recording equipment, and other related products by product category on a national and regional basis. Product categories covered by this report can be viewed free online.

The Retail Top 200
http://www.musictrades.com/top200.html
Annual report ranks the top 200 U.S. retailers by annual sales, with information provided for each retailer including 10-year sales history with year-over-year comparisons, sales per store and per employee, number of stores and employees, types of products sold, and general background and contact information. Complete list of the companies included in this report can be viewed free online.




Financial Benchmarking Data


Industry Financial Ratios
Musical Instrument and Supplies Stores
http://www.bizminer.com  Search for "451140"
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.
  • Income and expense detail in dollars and percentages
  • Balance sheets in dollars and percentages
  • Cash flow analysis
  • Liquidity and working capital ratios
  • Profitability and return on investment ratios
  • Asset turnover and efficiency ratios
  • Capital structure and debt service ratios


First Research

Musical Instrument Stores
http://www.firstresearch.com

Financial information section of these profiles includes common-size income statement and balance sheet data and key financial ratios for the most recent annual reporting period, with average financial measures reported for all companies and by sales size range for small (under $5 million), medium ($5 million to $50 million), and large companies (over $50 million). Sample report can be downloaded and viewed online.




Compensation Surveys


U.S. Bureau of Labor Statistics
Occupational Employment and Wages -
Sporting Goods, Hobby, and Musical Instrument Stores

http://www.bls.gov/oes/current/naics4_451100.htm
Occupational employment and wages survey provides hourly and annual wage data for occupations in this retail sector on a national, state, and metro area basis with statistical measures for national data including mean, median, upper/lower quartiles, and upper/lower deciles. All information is available free online.



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