Art supplies retailers – why the top 20% leave everyone else behind
Art supplies retailing is one of those industries where owners work hard, the shelves are full, the shop feels busy… and yet the bank account tells a completely different story.
But the Top 20%? They play a totally different game — and the numbers prove it.
Here’s where the best operators sit:
- Revenue: $800k–$1m
- COGS: 45–50%
- Wages: 15–20%
- Rent: 5–8%
- Net profit: 10–12%
And they win on the operational stuff most owners never measure:
- Higher transaction values ($40–$80)
- Stock turning 3–4.5x a year
- Their top 20 products drive 50%+ of sales
- 20–35% of revenue comes from online
- Repeat customers sit above 45%
- Sales per sqm exceed $6,000
These aren’t “nice-to-have” numbers. This is exactly why the Top 20% grow while everyone else fights for scraps.
When I look at underperforming stores, they’re almost always struggling with the same three things:
weak margins, slow stock, and soft pricing. Fix those — even a little — and the profit shift is immediate.
This is where accountants can genuinely change a business. Not with reports. Not with dashboards. With context. With benchmarks. With a clear picture of what “good” actually looks like.
Show retail clients the Top 20% numbers — and watch how quickly their mindset changes.
"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"
- Bono: U2




