Code Chops

5.0★★★★★(38 reviews)

40 E Broadway #211, Eugene, OR 97401

Eugene, Oregon, United States

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Business facts

Estimated annual revenue~$465.4K
Estimated employees~2
Annual payroll (2020)~$44.5K
In business since2011-12-05
Based on reported payroll data

Contacts

Area statistics (97401)

Population48,214
Median household income$48,256
Source: US Census ACS

About

CodeChops Coworking and Creative Space, founded in 2011, is Eugene's original coworking space for digital creatives, freelancers, and startups. The space offers 1GB Fiber, cold beer, and hot coffee, and features private desks in an open space with big beautiful windows and a friendly, homey atmosphere. With less than a dozen members, CodeChops caters to remote workers for digital creative companies seeking a separation of home and work.

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Price
$
Wheelchair Accessible
Parking, Yes
Categories: Coworking Space.
ISIC Codes: 6810.

Market analysis

Earning around its category median in a growing category (Coworking Space).

EstimateCategory trend: 2024, +5.1%

Revenue trend (modeled)

~$358.3K2019
~$364.2K2020
~$379.3K2021
~$417.8K2022
~$439.2K2023
~$465.4K2024
Modeled from official industry statistics+5.4%/yr since 201980% confidence band: ±42%

Company profile

Legal formLimited liability company (LLC)
Incorporated2011 (OR)
Observed

Property

Lot size0.30 acres
ZoningC-3
CountyLane
Parcel ownerSejm Real Estate LLC
Assessed value$3.3M (land $687.0K)
On this lotshared with 15 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$9.3K · 2 jobs reported · implies ~$44.5K annual payroll
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Coworking Space in Oregon177~$130.8M~$747.4K~$492.9K4.8★0.9×
Category revenue trend2024: +5.1%2023: +4.1%2022: +9.8%2021: +6.5%Modeled from business-level estimates
Chain pressure104 chains expanding in this category, led by Tracy Court, Bonita, Canby Manor (+631 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)1,858~$2.2B~$1.2M~$425.1K9,952~$936.9M1.1×
Real estate activities72~$81.3M~$1.1M227

1 km area (all businesses): median from the 1,462 of 1,858 businesses with estimates

Estimate

Area conditions (97401)

Population48,214 ±1,694
Median household income$48,256 ±$3,221
Median home value$450,800
Bachelor's degree or higher0.5%
Unemployment rate0.1%
Source: US Census ACS
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