Musical Instrument and Supplies Stores in Utah
Revenue benchmarks for musical instrument and supplies stores businesses operating in Utah.
#20 of 50 states-8.1% vs national avg
Average Revenue
$2.2M
per year
Businesses
36
in Utah
Revenue / Employee
$203K
per year
Labor Cost
14.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
1.1
firms per 100K in UT
Total Revenue
$78.2M
all firms in UT
Total Employees
385
in UT
How Utah Compares
National Average$2.4M
Utah$2.2M
Difference$192K (-8.1%)