Musical Instrument and Supplies Stores in Rhode Island
Revenue benchmarks for musical instrument and supplies stores businesses operating in Rhode Island.
#48 of 50 states-57.7% vs national avg
Average Revenue
$1000K
per year
Businesses
14
in Rhode Island
Revenue / Employee
$226K
per year
Labor Cost
14.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
1.3
firms per 100K in RI
Total Revenue
$14.0M
all firms in RI
Total Employees
62
in RI
How Rhode Island Compares
National Average$2.4M
Rhode Island$1000K
Difference$1.4M (-57.7%)