Ron's dog's flea's brain on acid
MGF, Master Grumble Framer
The demographic results from the Survey Of North American Art & Framing Retailers are very interesting. For those interested here they are:
Owners are 52% male
Customers are 70% female
Age Of Frame & Gallery Owners
65 years or older - 8%
55 years to 64 years - 21%
45 years to 54 years - 36%
35 yaers to 44 years - 26%
25 years to 34 years - 8%
18 years to 24 years - 1%
This age breakout of the survey points out several interseting factors. For example, 47% of retail framers are over 45 years old and 21% are over 55 and looking at retirement in 10 years or less. It is rare that an industry is weighted so heavily in these demographic age groups. Also interesting is the fact that only 9% of framers are 34 years old or younger. The combined factors help ask the question, "Where are the future framers going to come from?". This question is especially important because art & framing has been a 2nd career for most people in business. Framing is not a primary career choice for younger individuals.
For all of the discussion of the franchise and chain store impact on the industry, 95% of retail art & framing businesses are independently owned. Franchises account for approximately 4% of businesses and chain stores 1%.
Nationwide, there are approximately 19,000 retail art & framing businesses. 28% of those businesses do over $250,000 per year. These businesses take in over 80% of total industry sales. The art and framing industry is relatively young: 45% of individuals have been in the field less than 10 years.
Framing And Art Businesses By Annual Sales
up to 50,000 - 22%
50,001 - 100,000 - 18%
100,001 - 150,000 - 11%
150,001 - 200,000 - 11%
200,001 - 250,000 - 10%
250,001 - 300,000 - 7%
300,001 - 400,000 - 6%
400,001 - 500,000 - 4%
500,001 - 750,000 - 5%
750,001 - 1M - 2%
over 1M - 4%
(this info taken from Southeastern Framer)
Owners are 52% male
Customers are 70% female
Age Of Frame & Gallery Owners
65 years or older - 8%
55 years to 64 years - 21%
45 years to 54 years - 36%
35 yaers to 44 years - 26%
25 years to 34 years - 8%
18 years to 24 years - 1%
This age breakout of the survey points out several interseting factors. For example, 47% of retail framers are over 45 years old and 21% are over 55 and looking at retirement in 10 years or less. It is rare that an industry is weighted so heavily in these demographic age groups. Also interesting is the fact that only 9% of framers are 34 years old or younger. The combined factors help ask the question, "Where are the future framers going to come from?". This question is especially important because art & framing has been a 2nd career for most people in business. Framing is not a primary career choice for younger individuals.
For all of the discussion of the franchise and chain store impact on the industry, 95% of retail art & framing businesses are independently owned. Franchises account for approximately 4% of businesses and chain stores 1%.
Nationwide, there are approximately 19,000 retail art & framing businesses. 28% of those businesses do over $250,000 per year. These businesses take in over 80% of total industry sales. The art and framing industry is relatively young: 45% of individuals have been in the field less than 10 years.
Framing And Art Businesses By Annual Sales
up to 50,000 - 22%
50,001 - 100,000 - 18%
100,001 - 150,000 - 11%
150,001 - 200,000 - 11%
200,001 - 250,000 - 10%
250,001 - 300,000 - 7%
300,001 - 400,000 - 6%
400,001 - 500,000 - 4%
500,001 - 750,000 - 5%
750,001 - 1M - 2%
over 1M - 4%
(this info taken from Southeastern Framer)