Address
City: Memphis
Neighborhood: New Pathways
State: Tennessee
Postal Code: 38103
Country: United States
Business facts
Estimated annual revenue~$2.9M
Estimated employees~4
Estimated wage bill~$302.5K
In business since2013
Estimate based on strong signals
Contacts
Entertainment
Area statistics (38103)
Population13,981
Median household income$89,851
Source: US Census ACS
About
Beatroot is located in Memphis, Tennessee, and was founded in 2013. This business is working in the following industry: Record Company.
♿
Wheelchair Accessible
Parking
Market analysis
Earning above its category median in a growing category (Record Company).
EstimateCategory trend: 2024, +8.0%
Revenue trend (modeled)
~$1.6M2019
~$1.6M2020
~$1.8M2021
~$2.3M2022
~$2.6M2023
~$2.9M2024
Modeled from official industry statistics+12.4%/yr since 201980% confidence band: ±42%
Property
Lot size0.77 acres
CountyShelby
On this lotshared with 2 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Record Company in Tennessee | 101 | ~$365.6M | ~$3.6M | ~$1.4M | 5.0★ | 2.2× |
Category revenue trend2024: +8.0%2023: +3.0%2022: +22.1%2021: +10.0%Modeled from business-level estimates
Chain pressure1 chains expanding in this category, led by Curb Studios @43 (+2 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 632 | ~$1.5B | ~$2.3M | ~$763.4K | 5,343 | ~$496.0M | 3.8× |
| Information and communication | 18 | ~$99.9M | ~$5.6M | — | 158 | — | — |
1 km area (all businesses): median from the 531 of 632 businesses with estimates
Estimate
Area conditions (38103)
Population13,981 ±935
Median household income$89,851 ±$13,881
Median home value$375,000
Bachelor's degree or higher0.6%
Unemployment rate0.0%
Source: US Census ACS