DeveloperTown

4.7★★★★★(57 reviews)

5255 Winthrop Ave, Indianapolis, IN 46220

Indianapolis, United States

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Business facts

Estimated annual revenue~$7.2M
Estimated employees~20
Annual payroll (2020)~$594.2K
In business since2010
Based on reported payroll data

Area statistics (46220)

Population37,102
Median household income$93,595
Source: US Census ACS

About

DeveloperTown is a leading software development firm that partners with corporate innovators to explore and implement software solutions to support their core business needs. With a focus on solving business problems and capturing big opportunities, DeveloperTown leverages its experience with startups to help companies understand the viability of potential software solutions and bring them to market quickly.

Wheelchair Accessible
Parking, Yes
Categories: Software Company.
ISIC Codes: 4741.

Market analysis

Earning above its category median in a growing category (Software Company).

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$5.1M2019
~$5.1M2020
~$5.8M2021
~$6.4M2022
~$6.8M2023
~$7.2M2024
Modeled from category averages for the region+7.1%/yr since 201980% confidence band: ±68%

Company profile

Incorporated2010 (IN)
Employees (reported band)15-17
Observed

Property

Lot size1.43 acres
Land use345
CountyMarion
On this lotshared with 29 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

EIDL disaster loan (2020)$150.0K
PPP loan (2020)$123.8K · 8 jobs reported · implies ~$594.2K annual payroll · $125.2K forgiven
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in Indiana1,060~$7.4B~$7.0M~$1.4M5.0★5.0×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure31 chains expanding in this category, led by Verizon, Metro by T-Mobile, Walmart Connection Center (+1,286 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)360~$627.1M~$1.7M~$403.6K1,776~$146.8M18×
Wholesale and retail trade; repair of motor vehicles and motorcycles78~$293.5M~$3.8M441

1 km area (all businesses): median from the 335 of 360 businesses with estimates

Estimate

Area conditions (46220)

Population37,102 ±1,847
Median household income$93,595 ±$8,981
Median home value$301,700
Bachelor's degree or higher0.7%
Unemployment rate0.0%
Source: US Census ACS
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