Balance Patch

4.9★★★★★(423 reviews)

1031 Commonwealth Ave, Boston, MA 02215

Boston, Massachusetts, United States

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Hours
2:00 PM – 2:00 AM
Weekdays2:00 PM – 2:00 AM
Saturday12:00 PM – 2:00 AM
Sunday12:00 PM – 12:00 AM
Address
City: Boston
Neighborhood: Allston
State: Massachusetts
Postal Code: 02215
Country: United States

Business facts

Estimated annual revenue~$1.3M
Estimated employees~5
Annual payroll (2021)~$297.2K
Based on reported payroll data

Contacts

Area statistics (02215)

Population24,522
Median household income$64,138
Source: US Census ACS

About

Balance Patch will be operating as normal, with a grand opening scheduled for September featuring events, goodies, and support from partners. Prices for gaming sessions range from $6.50 for 1 hour to $30.00 for 8 hours. Outside food and beverages are not permitted. The venue offers a social gaming experience and is Boston's first video game cafe. Please note that Balance Patch will be closed on Independence Day (7/4), Thanksgiving (11/22), and during Winter Break (12/24 - 1/1). Stay updated on their Twitter page at www.twitter.com/balancepatch.

💳
Credit Cards
Debit Card, NFC, Yes
👶
Good For Kids
Yes
💰
Price
$$
🚻
Restroom
Gender Neutral Restroom
Wheelchair Accessible
Yes
📶
Wi-Fi
Yes
Categories: Internet cafes.
ISIC Codes: 5610.

Market analysis

Earning above its category median in a growing category (Internet cafes).

EstimateCategory trend: 2024, +4.1%

Revenue trend (modeled)

~$1.0M2019
~$616.9K2020
~$826.0K2021
~$1.1M2022
~$1.3M2023
~$1.3M2024
Modeled from official industry statistics+4.7%/yr since 201980% confidence band: ±42%

Federal support (SBA)

EIDL advance grant (2020)$10.0K · 10 jobs reported
PPP loan (2020)$61.9K · 12 jobs reported · implies ~$297.2K annual payroll · $62.4K forgiven
Second PPP loan (2021)$61.9K · 9 jobs reported · $62.4K forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Internet cafes in Massachusetts262~$207.9M~$793.6K~$619.1K4.1★2.1×
Category revenue trend2024: +4.1%2023: +7.6%2022: +14.8%2021: +22.3%Modeled from business-level estimates
Chain pressure358 chains expanding in this category, led by Starbucks, Domino's Pizza, Wendy's (+3,758 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)504~$1.2B~$2.3M~$907.5K3,526~$407.3M1.4×
Accommodation and food service activities44~$67.1M~$1.5M465

1 km area (all businesses): median from the 413 of 504 businesses with estimates

Estimate

Area conditions (02215)

Population24,522 ±1,101
Median household income$64,138 ±$11,034
Median home value$698,200
Bachelor's degree or higher0.8%
Unemployment rate0.1%
Source: US Census ACS
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