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Museum Shops and Stores

SIC 5947  /  NAICS 453220 

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 page sections or scroll down the page below for a complete listing of all available resources:

Industry Overview, Issues, Trends, and Outlook

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources



See Card and Gift Shops and Stores for additional resources applicable to this retail segment, and see Retail Stores for additional resources applicable to all segments of the retail store industry. For resource guides specific to other industries, see Industry Information Resources which covers over 400 individual industries.



Industry Overview, Issues, Trends, and Outlook


Gift and Souvenir Stores
http://www.firstresearch.com
Profiles cover key aspects of an industry's size, scope, and operations, recent news and developments, industry trends, risks, and opportunities, and include a five-year industry forecast. Profiles are updated quarterly and include:


Museum Store Association
Information resources available this trade association include:

Industry Statistics / Frequently Asked Questions About Museum Stores
http://www.museumstoreassociation.org/events/media_press.cfm
Sections listed above provide a summary overview of the museum store industry and include information on annual sales per store, store size, and sales per square foot. All information is available free online.

Museum Store Magazine
http://www.museumstoreassociation.org/pubs/MuseumStoreTOC.cfm
Trade publication features news and information for museum stores, with topics covered including retail trends, merchandising, marketing strategies, personnel training, technology, and more. Table of contents for the current issue and searchable article archives are available free online; individual articles can be purchased online.

Retail Tips / Help
http://www.museumstoreassociation.org/Resources/THSearch.cfm
Articles dealing with retail topics which were previously published in Museum Store Magazine are available in this section, with categories covered including management, marketing, merchandising, customer services, human resources, and more. All articles can be viewed free online


Gift Shops and Card Stores
http://www.ibisworld.com
Reports provide in-depth industry analysis and a five-year industry growth forecast, with special focus on the underlying structure and external forces and relationships that affect an industry and its performance. Report sections include:

Sample industry report is available free online.

Great American Publishing
Museums & More Magazine
http://museumsandmore.com/index.php/magazine
Trade publication features news and information for museum gift shops, with topics covered including retail trends, products, markets, and more. Articles from current and prior issues can be viewed free online.

Industry Market Research Reports
Gift, Novelty, and Souvenir Shops
http://www.marketresearch.com  Search for specific terms or keywords
In-depth business market research reports include information on market size and market segmentation; marketing strategy; product and market forecasts; business trends, risks, and opportunities; key participant profiles; market share data; and more. Summary abstract and detailed table of contents for each market research report is accessible free online.

Industry Market Analysis Reports
Gift, Novelty, and Souvenir Shops
http://www.bizminer.com  Search for "453220"
Industry statistics for gift, novelty, and souvenir stores include industry sales and sales trends, market size and market share by sales class, average company sales and sales per employee, staffing and employment trends, business start up activity and failure rates, and other business statistics on a national, state, and metropolitan area level. Sample market analysis reports can be viewed free online.

More Industry Research and Analysis
For more business research and analysis available from Standard & Poor's, Freedonia Group, Euromonitor, and other sources—including key business statistics, market research and analysis, and business trends and forecasts for a wide range of industries, see Industry Overview, Issues, Trends, and Outlook.




Financial Information and Financial Ratios


Industry Financial Ratios
Gift, Novelty, and Souvenir Shops
http://www.bizminer.com  Search for "453220"
Five-year comparative financial statement analysis includes income statements with expense detail, balance sheets, cash flow statements, and key business and financial ratios for gift, novelty, and souvenir stores. Reports are available by sales size range, and also in small business, sole proprietor, and business start up versions. Sample financial reports with detailed financial ratio analysis can be viewed free online.

Museum Store Association
MSA Retail Industry Report
http://www.museumstoreassociation.org/pubs/pubs.cfm
Survey report provides key financial and operating statistics for museum stores, and also includes information on staffing levels and employee compensation and benefits. Survey results are broken out by museum type (i.e. history, art, science) and store sales volume. Detailed table of contents can be viewed free online.

More Industry Financial Analysis
For more business financial information and analysis available from Integra Information, RMA Annual Financial Statement Studies, and other sources—including financial statements, financial ratios, and other key performance indicators and benchmarks for a wide range of industries, see Industry Financial Information and Financial Ratios.





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Compensation and Salary Surveys


Museum Store Association
MSA Retail Industry Report
http://www.museumstoreassociation.org/pubs/pubs.cfm
Survey report provides key financial and operating statistics for museum stores, and also includes information on staffing levels and employee compensation and benefits. Survey results are broken out by museum type (i.e. history, art, science) and store sales volume. Detailed table of contents can be viewed free online.

Officer Compensation Expense
See "BizMiner Industry Financial Ratios" above for report including this data.
Five-year comparative financial analysis details officer compensation expense in both dollars and as a percentage of sales. Available by sales size range, and also in small business, sole proprietor, and business start up versions. Sample financial reports can be viewed free online.

More Compensation and Salary Data
For more compensation and salary survey data available from ERI Economic Research Institute, PayScale, Salary.com, and other sources—including average salary, salary range, incentive compensation, and employee benefits information for a wide range of jobs and industries, see Compensation and Salary Surveys.





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Business Valuation Resources


BVMarketData
Private Company Sales Transactions Databases
Pratt's Stats®  http://www.bvmarketdata.com/PSAdvSearch.asp
BIZCOMPS®  http://www.bvmarketdata.com/BIZAdvSearch.asp
Free "Visitor Search" allows users to search thousands of private company sales transactions by SIC Code, NAICS Code, or business description for comparable business sale transaction data, including revenue, earnings, and EBITDA multiples. Data can be purchased as a single report or by subscription.


More Business Sale Transaction Data
For more business sale transaction data available from BizBuySell®, Done Deals, Mergerstat, Public Stats™, and other sources for a wide range of industries, see Business Valuation Multiples and Merger & Acquisition Transaction Data.



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