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Art Dealers and Galleries

SIC 5999 | NAICS 453920

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 below to see a complete listing of available resources:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources


For resource guides specific to other industries, see our index which lists resource guides by SIC code for over 400 industries.




Industry Analysis, Statistics, Trends, and Forecasts


Art Dealers  (view report)
Online Art Sales  (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:

Sample report is available online.

ADAA
Collectors' Guide
http://www....org/collectorsguide.html
Collectors' guide provides an overview of the various types of dealers (e.g., primary-market, secondary-market, public, and private) and the roles they play in the marketplace, and also includes advice on what to look for in a particular piece, how to work with dealers, and how to buy at auction or on the Internet. Publication can be downloaded and viewed free online.

CINOA
The Role of Art & Antique Dealers: Historical and Future Perspectives
http://www.cinoa.org/page/2862
Comprehensive study analyzes the changing role of dealers in the marketplace, with topics covered including dealers in the current market, dealer backgrounds, business operations, competition and the market, and dealer roles and ethical considerations. Study can be downloaded and viewed online with registration.

Art Dealers and Galleries
http://www.firstresearch.com

First Research profiles cover key aspects of an industry's size, scope, and operations, recent news and developments, business challenges, issues, trends, and opportunities, and include a five-year revenue growth forecast. Profiles are updated quarterly and include:

Sample report is available online.

Art Business News
ABN Magazine
http://www....com/magazine/
Quarterly magazine provides comprehensive coverage of the business, with feature articles including topics such as "How To Work With Art Galleries" which addresses gallery operations from an artist's standpoint. Featured articles from current and prior magazine issues are available online.

IRS Audit Technique Guides
Art Galleries
http://www.irs.gov/pub/
IRS audit guide contents include an overview of the industry and its business practices with primary focus on accounting and tax issues. Publication is available free online.

Edward Winkleman, Winkleman Gallery
How To Start and Run a Commercial Art Gallery
http://www.amazon.com/gp/product/1581156642/
Topics covered in this guide to starting and running a gallery include defining a program, other branding issues, business models, customary practices, primary and secondary markets, location and build-out issues, managing cash flow, logistics, staffing, management practices, and promotional efforts. Table of contents and selected text from this guide can be previewed online via Amazon.com's "Look Inside" feature.

FabJob Guides
Open Your Own Art Gallery
http://www.fabjob.com/
Startup guide provides an overview of the commercial gallery business and takes users through the various aspects of starting a gallery and running it successfully. Topics covered include choosing your niche, finding a location, gallery design, retail equipment and supplies, obtaining inventory, pricing merchandise, and marketing the business. Detailed table of contents and introductory chapter can be viewed free online.

MarketResearch.Com
Art: Market Research Reports
http://www.marketresearch.com  Search for specific terms or keywords
In-depth market research reports include information on market size and segmentation; marketing strategy; product and market forecasts; business trends, risks, and opportunities; key participant profiles; market share data; and more. Summary abstract and table of contents can be viewed free online.

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Financial Benchmarking Data


Industry Financial Ratios
Art Dealers and Galleries
http://www.bizminer.com  Search for "453920"
Five-year comparative financial statement analysis includes income statements with expense detail, balance sheets, cash flow statements, and key financial and operating ratios, with detailed analysis available by sales size range on a national, state, and metropolitan area level. Sample reports are available online.

Art Dealers and Galleries
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 year, with average measures reported for all companies and by sales size range for small, medium, and large companies. Sample report is available online.

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Compensation and Salary Surveys


U.S. Bureau of Labor Statistics
Occupational Employment and Wages - Other Miscellaneous Retailers
http://www.bls.gov/oes/current/naics4_453900.htm
Annual wage survey provides hourly and annual wage data for occupations in this retail sector, which includes retail galleries, on a national, state, and metro area basis with statistical measures for national data including mean, median, and upper/lower quartiles and deciles. All information is available free online.

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Business Valuation Resources


Small Business Valuation Formula Multiples
Commercial Art Galleries
http://valuationresources.com/

Comprehensive reference guide provides market-based business valuation multiples for small businesses in more than 200 industries. Valuation multiples are derived from actual business sales transactions as reported by BIZCOMPS®, with the primary focus on small companies priced at less than $1 million.


BVMarketData
Private Company Sales Transactions
Pratt's Stats® | BIZCOMPS®
Free "Visitor Search" allows users to search private company sales transactions by business description for comparable business sales transaction data, including revenue, earnings, and EBITDA multiples.


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Related Industries:
Custom Picture Frame Shops
Home Furnishings Stores
Museum Shops and Stores
Museums and Art Galleries

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