Musical Instrument and Supplies Stores in New Mexico
Revenue benchmarks for musical instrument and supplies stores businesses operating in New Mexico.
#34 of 50 states-24.6% vs national avg
Average Revenue
$1.8M
per year
Businesses
18
in New Mexico
Revenue / Employee
$300K
per year
Labor Cost
14.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
0.9
firms per 100K in NM
Total Revenue
$32.1M
all firms in NM
Total Employees
107
in NM
How New Mexico Compares
National Average$2.4M
New Mexico$1.8M
Difference$581K (-24.6%)