Edco Elevators

4.7★★★★★(12 reviews)

8613 Gayfer Rd Ext, Fairhope, AL 36532

Fairhope, Alabama, United States

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Business facts

Estimated annual revenue~$843.0K
Estimated employees~5
Estimated wage bill~$245.0K
In business since2008
Estimate based on strong signals

Contacts

Area statistics (36532)

Population35,824
Median household income$84,886
Source: US Census ACS

About

Edco Elevators is a family owned and operated company with over 20 years of experience in providing custom home elevators and wheelchair lifts for residential and commercial areas. They offer 24-hour emergency services and pride themselves on delivering quality work and professional service. Edco Elevators services the coast of Mississippi, Alabama, and Florida and specializes in commercial and residential elevator installation, repair, and service, as well as the installation and repair of wheelchair lifts and stair chairs. Customers can browse their photo gallery for a closer look at their offerings and are encouraged to reach out with any questions or for more information.

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Credit Cards
American Express, Cash, Check, Discover, Mastercard, Visa, Yes
Wheelchair Accessible
Parking, Yes
Categories: Elevator Service.
ISIC Codes: 4329.

Market analysis

Earning below its category median in a growing category (Elevator Service).

EstimateCategory trend: 2024, +8.7%

Revenue trend (modeled)

~$496.6K2019
~$548.8K2020
~$579.5K2021
~$708.0K2022
~$747.9K2023
~$843.0K2024
Modeled from official industry statistics+11.2%/yr since 201980% confidence band: ±42%

Property

Lot size4.62 acres
CountyBaldwin
Parcel ownerMATCHPOINT DEVELOPMENT LLC
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Elevator Service in Alabama34~$216.8M~$7.0M~$1.2M4.2★0.7×

Elevator Service in Alabama: revenue figures from the 31 of 34 businesses with estimates

Category revenue trend2024: +8.7%2023: +8.9%2022: +8.8%2021: +7.5%Modeled from business-level estimates
Chain pressure1 chains expanding in this category, led by EcoLogical Insulation (+1 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)8~$9.1M~$1.1M~$302.8K18~$1.7M2.8×
Construction2~$1.7M~$848.6K6
Estimate

Area conditions (36532)

Population35,824 ±1,528
Median household income$84,886 ±$6,103
Median home value$384,500
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS
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