Musical Instrument and Supplies Stores in Indiana
Revenue benchmarks for musical instrument and supplies stores businesses operating in Indiana.
#22 of 50 states-9.7% vs national avg
Average Revenue
$2.1M
per year
Businesses
53
in Indiana
Revenue / Employee
$237K
per year
Labor Cost
14.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
0.8
firms per 100K in IN
Total Revenue
$113.1M
all firms in IN
Total Employees
478
in IN
How Indiana Compares
National Average$2.4M
Indiana$2.1M
Difference$229K (-9.7%)