Summary
Hoffman Music Company
Founded in 1964
Description
For over one hundred years now in Spokane, Hoffman Music's large selection of band & orchestra instruments, pro audio & sound systems, guitar & bass, keyboard, drums & percussion has supplied ample product depth for servicing musicians for sales, renta...
Strengths
- Hoffman Music Company has a strong market share in their industry
- Demonstrating revenue growth that is faster than the industry average
- The number of employees is growing faster than the industry average
Weaknesses
- Revenue generated per employee is less than the industry average
- Variance of revenue growth is more than the industry average
- Since Hoffman Music Company was founded, the company has experienced slower revenue growth than the industry average
Annual Revenue
Hoffman Music Company's annual revenue
$5146000
Based on Kona Equity data
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Revenue per employee
$257300
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Variance of revenue growth
2.31
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Annual revenue growth since founding
$85766
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Revenue growth rate from first known quarter to current
51.4%
Employee Count
20 employees
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Employee growth rate from first known quarter to current
52.9%
Executives
G Score - 3
The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.
- G1 Revenue is greater than the industry median.
- G3 Revenue growth rate from the first known quarter to current is higher than the industry average.
- G4 Employee growth rate from the first known quarter to current is higher than the industry average.
Location
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Key Information
- Name: Hoffman Music Company
- Category: Consumer goods
- Industry: Musical Instrument Store
- SIC: 7929; 792
- NAICS: 453; 4539
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Firmographic data G Score of 3 Founded in 1964 SIC: 7929 SIC: 792 NAICS: 453 NAICS: 4539 #Music & Music Related Services #Media & Internet #Record, Video & Book Stores #Retail
Frequently Asked Questions
Hoffman Music Company's headquarters are located at 440 W Sharp Spokane, WA 99201.
Hoffman Music Company's official website is hoffmanmusic.com
Hoffman Music Company's annual revenue is $5.1 M.
Hoffman Music Company's SIC: 7929; 792
Hoffman Music Company's NAICS: 453; 4539.
Hoffman Music Company has 20 employees
Hoffman Music Company is in the industry of Consumer goods.