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Hoover's is Beta Testing our Industries section.
Musical Equipment Retail Industry Financials
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Musical Equipment Retail Industry Financial Summary
The musical instrument store industry includes about 4,500 stores (known in the industry as “dealers”) with combined annual revenue of $5 billion. Major companies include Guitar Center, Sam Ash Music, and online dealers American Musical Supply and Sweetwater Sound. The industry is fragmented: the 50 largest companies hold 45 percent of the market.
Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Musical Equipment Retail industry.
| NAICS | NAICS Description | Establishments | Sales, Receipts, or Shipments ($1,000) | Annual Payroll ($1,000) | Paid Employees |
|---|---|---|---|---|---|
| 451140 | Musical instrument & supplies stores | 4,484 | $5,002,873 | $750,094 | 33,919 |
| All NAICS Sectors | 4,484 | $5,002,873 | $750,094 | 33,919 |
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