Musical Instrument and Supplies Stores in New Jersey
Revenue benchmarks for musical instrument and supplies stores businesses operating in New Jersey.
#19 of 50 states-7.9% vs national avg
Average Revenue
$2.2M
per year
Businesses
65
in New Jersey
Revenue / Employee
$205K
per year
Labor Cost
14.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
0.7
firms per 100K in NJ
Total Revenue
$141.6M
all firms in NJ
Total Employees
690
in NJ
How New Jersey Compares
National Average$2.4M
New Jersey$2.2M
Difference$186K (-7.9%)