Bitbean - Custom Software Development

Bitbean - Custom Software Development

5.0★★★★★(35 reviews)
Claimed

1776 Ave of the States, Suite 301, Lakewood, New Jersey, 08701

Lakewood Township, New Jersey, United States

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Hours
8:30 AM – 6:00 PM
Weekdays8:30 AM – 6:00 PM
WeekendsClosed
Address
City: Lakewood Township
Neighborhood: Lakewood
State: New Jersey
Country: United States

Business facts

Estimated annual revenue~$13.2M
Estimated employees~6
Annual payroll (2021)~$1.9M
In business since2011
Based on reported payroll data

About

Bitbean is a driven, get it done, all local custom software development company. We focus on helping ambitious companies striving to be industry leaders.

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Price
$
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Services
custom software development, software consulting, web design
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Services1
mobile app design, product strategy
Categories: Computer programming activities.
ISIC Codes: 6201.

Market analysis

Revenue trend (modeled)

~$9.4M2019
~$9.3M2020
~$10.7M2021
~$11.9M2022
~$12.6M2023
~$13.2M2024
Modeled from category averages for the region+7.0%/yr since 201980% confidence band: ±68%

Property

Lot size0.23 acres
Land use2
CountyOcean
Land value$136.5K
Last sale$496.9K (150414)
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$389.3K · 35 jobs reported · implies ~$1.9M annual payroll · $393.1K forgiven
Second PPP loan (2021)$389.3K · 29 jobs reported · $392.0K 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
Computer programming, consultancy and related activities in New Jersey2,004~$3.4B~$3.9M~$771.4K5.0★17×

Computer programming, consultancy and related activities in New Jersey: revenue figures from the 883 of 2,004 businesses with estimates

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)90~$213.9M~$2.4M~$925.4K731~$60.8M14×
Information and communication13

1 km area (all businesses): median from the 79 of 90 businesses with estimates

Estimate

Gallery

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