IncFact
Company Profiles: Revenue, Growth, Competition

Musical Instrument & Supplies Stores Industry

NAICS: 45114

For additional companies see the Sporting Goods, Hobby & Musical Instrument Stores Industry

Contents

.Musical Instrument & Supplies Stores Market Share: Largest Companies in the Musical Instrument & Supplies Stores Industry

Company HeadquartersRevenue ($ MM)
GUITAR CENTERThousand Oaks, CA100 
TRANS WORLD ENTERTAINMENT (NASDAQ: TWMC)Albany, NY21 
SAM ASH MUSICHicksville, NY10 
WASHINGTON MUSIC SALES CENTERWheaton, MD2 
WEST MUSICCoralville, IA2 
PAUL A. SCHMITT MUSICMinneapolis, MN2 
AMERICAN MUSICAL SUPPLYOakland, NJ2 
MARSHALL MUSICLansing, MI1 
MOOG MUSICAsheville, NC1 
MEYER MUSICGrand Rapids, MI1 
MENCHEY MUSIC SERVICEHanover, PA1 
HEID MUSICAppleton, WI1 


See exact company revenues in this list


This is a list of the largest companies active in the Musical Instrument & Supplies Stores industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Musical Instrument & Supplies Stores industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.


.Additional Companies Operating in the Musical Instrument & Supplies Stores Industry

Company HeadquartersRevenue ($ MM)
SWEETWATER SOUNDFort Wayne, IN100 
SHAR PRODUCTSAnn Arbor, MI15 
EASTMAN STRINGSPomona, CA13 
NATIONAL EDUCATIONAL MUSICMountainside, NJ6 
MESA BOOGIEPetaluma, CA2 
DANSRChampaign, IL2 
LEVIN PROFESSIONAL SERVICESWheaton, MD1 
WILLIS MUSICFlorence, KY1 




.Growth: Fastest Growing Musical Instrument & Supplies Stores Companies

A list of competitors in the Musical Instrument & Supplies Stores industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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. Latest Musical Instrument & Supplies Stores Trademark Applications

Trademark applications show the direction a company's marketing strategy is headed. Trademarks may include brand names, product names, logos, and slogans. This list identifies companies that are investing in new products or developing new marketing strategies.

Company TrademarkApplication Date
Aaa Band Rentals AAA BAND RENTALS
09/30/2019
Vintage Instruments VINTAGE INSTRUMENTS
Musical instruments
10/10/2018
Washington Music Sales Center BIG CHUCK
Guitar pedals
08/17/2018
Tone Shop Guitars TONE SHOP
03/06/2018


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.Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Musical Instrument & Supplies Stores businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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. Venture Funding

These Musical Instrument & Supplies Stores companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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