Elastech

5.0★★★★★(1 review)

3400 W Stonegate Blvd Suite 101, Arlington Heights, IL 60005

Arlington Heights, Illinois, United States

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Hours
8:00 AM – 6:30 PM
Monday8:00 AM – 6:30 PM
Tuesday8:00 AM – 5:00 PM
Wednesday - Thursday8:00 AM – 6:30 PM
Friday8:00 AM – 5:00 PM
WeekendsClosed
Address
City: Arlington Heights
Neighborhood: Creekside
State: Illinois
Postal Code: 60005
Country: United States

Business facts

Estimated annual revenue~$1.4M
Estimated employees~4
In business since2021 (est.)
Estimate based on strong signals

Area statistics (60005)

Population29,216
Median household income$95,765
Source: US Census ACS

About

Elastech Services, LLC. is a premier software development company, led by industry experts passionate about creating world-class solutions. They specialize in innovation and new application development for enterprises of all sizes, delivering superior performance and outstanding outcomes within constrained timelines and budgets. With proven methods and expert resources, Elastech remains flexible and committed to their clients' success. Join the roster of satisfied clients who have found Elastech to be their first and last partner for critical applications and systems.

ℹ️
Diversity Management
Black Owned, Veteran Led
Wheelchair Accessible
Parking, Restroom, Seating, 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)

~$948.6K2019
~$985.3K2020
~$1.1M2021
~$1.2M2022
~$1.3M2023
~$1.4M2024
Modeled from category averages for the region+7.9%/yr since 201980% confidence band: ±68%

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in Illinois3,908~$20.1B~$5.2M~$1.2M5.0★1.2×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure43 chains expanding in this category, led by Metro by T-Mobile, Metro, Walmart Electronics (+1,929 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)331~$896.2M~$2.7M~$919.1K1,948~$233.4M1.5×
Wholesale and retail trade; repair of motor vehicles and motorcycles28~$299.8M~$10.7M160

1 km area (all businesses): median from the 290 of 331 businesses with estimates

Estimate

Area conditions (60005)

Population29,216 ±1,237
Median household income$95,765 ±$11,446
Median home value$375,400
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS
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