Code 3 Service
2323 Aztec Rd NE, Albuquerque, NM 87107
Albuquerque, New Mexico, United States
Address
City: Albuquerque
Neighborhood: Cutter Industrial Park
State: New Mexico
Postal Code: 87107
Country: United States
Business facts
Estimated annual revenue~$5.0M
Estimated employees~5
Annual payroll (2020)~$674.0K
In business since2014
Based on reported payroll data
Contacts
Area statistics (87107)
Population27,873
Median household income$56,629
Source: US Census ACS
About
Code 3 Service is a leading provider of public safety communications solutions in New Mexico. They offer a range of services including 2-way radio sales, vehicle upfitting, and repair services for radios. They are an authorized Relm dealer and also offer products from ICOM, Kenwood, and Harris. Additionally, they are certified GeTac installers and partners, offering rugged laptops, tablets, and in-car video solutions. Contact them today for a free quote on outfitting your next vehicle.
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Credit Cards
Cash, Check, Debit Card, NFC, Yes
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Parking
Yes
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Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a stable category (Telecommunications Service Provider).
EstimateCategory trend: 2024, -0.6%
Revenue trend (modeled)
~$4.1M2019
~$3.9M2020
~$4.5M2021
~$4.6M2022
~$4.9M2023
~$5.0M2024
Modeled from official industry statistics+4.3%/yr since 201980% confidence band: ±42%
Company profile
Employees (reported band)16-17
Facility size~3,500 sq ft
Observed
Property
Lot size0.99 acres
Land useC
CountyBernalillo
Parcel ownerWRBC ENTERPRISES LLC
ObservedPublic assessor / cadastre record
Federal support (SBA)
EIDL advance grant (2020)$10.0K · 10 jobs reported
PPP loan (2020)$140.4K · 21 jobs reported · implies ~$674.0K annual payroll · $141.9K forgiven
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Telecommunications Service Provider in New Mexico | 311 | ~$589.1M | ~$1.9M | ~$813.8K | 4.0★ | 6.2× |
Category revenue trend2024: -0.6%2023: +1.5%2022: +0.9%2021: -0.1%Modeled from business-level estimates
Chain pressure8 chains expanding in this category, led by CenturyLink, Kinetic Internet, Penasco Valley Telecommunications (+45 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) | 346 | ~$1.1B | ~$3.1M | ~$1.2M | 3,104 | ~$267.8M | 4.4× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 119 | ~$558.6M | ~$4.7M | — | 946 | — | — |
| Information and communication | 1 | ~$6.0M | ~$6.0M | — | 5 | — | — |
1 km area (all businesses): median from the 279 of 346 businesses with estimates
Estimate
Area conditions (87107)
Population27,873 ±1,380
Median household income$56,629 ±$5,690
Median home value$278,400
Bachelor's degree or higher0.4%
Unemployment rate0.0%
Source: US Census ACS