Cloudnet

1.8★★☆☆☆(10 reviews)

26 6th Ave N #110, St Cloud, MN 56301

St. Cloud, Minnesota, United States

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Business facts

Estimated annual revenue~$221.5K
Estimated employees~7
Annual payroll (2020)~$42.7K
In business since2000
Based on reported payroll data

Area statistics (56301)

Population35,150
Median household income$66,436
Source: US Census ACS

About

Cloudnet is located in St. Cloud, Minnesota, and was founded in 2000. This business is working in the following industry: Internet Service Provider. Annual sales for Cloudnet are around 1M – 5M.

💳
Credit Cards
American Express, Cash, Check, Debit Card, Discover, Mastercard, Visa
🅿️
Parking
Street Parking, Yes
Wheelchair Accessible
Parking, Yes
📶
Wi-Fi
Yes
Categories: Internet Service Provider.
ISIC Codes: 6110.

Market analysis

Earning below its category median in a stable category (Internet Service Provider).

EstimateCategory trend: 2024, -0.6%

Revenue trend (modeled)

~$223.8K2019
~$226.9K2020
~$217.8K2021
~$219.7K2022
~$222.9K2023
~$221.5K2024
Modeled from category averages for the region-0.2%/yr since 201980% confidence band: ±59%

Company profile

Legal formCorporation
Incorporated1994 (MN)
Employees (reported band)8-17
Observed

Property

Lot size8,652 sq ft
CountyStearns
ObservedPublic assessor / cadastre record

Federal support (SBA)

EIDL advance grant (2020)$3.0K · 3 jobs reported
PPP loan (2020)$8.9K · 1 jobs reported · implies ~$42.7K annual payroll
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Internet Service Provider in Minnesota570~$733.3M~$2.2M~$915.9K4.1★0.2×

Internet Service Provider in Minnesota: revenue figures from the 340 of 570 businesses with estimates

Category revenue trend2024: -0.6%2023: +1.5%2022: +0.9%2021: -0.1%Modeled from business-level estimates
Chain pressure7 chains expanding in this category, led by GoLiips, Verizon Business Services, HBC Inc. (+62 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)643~$800.9M~$1.2M~$560.7K3,874~$314.8M0.4×
Information and communication13~$48.6M~$3.7M240

1 km area (all businesses): median from the 474 of 643 businesses with estimates

Estimate

Area conditions (56301)

Population35,150 ±1,387
Median household income$66,436 ±$5,764
Median home value$246,600
Bachelor's degree or higher0.3%
Unemployment rate0.1%
Source: US Census ACS
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