Emphasys Software

3.7★★★★☆(3 reviews)

325 E Lake St Suite 27, Petoskey, MI 49770

Petoskey, Michigan, United States

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Business facts

Estimated annual revenue~$18.5M
Estimated employees~35
Estimated wage bill~$3.2M
In business since1983
Estimate based on strong signals

Contacts

Area statistics (49770)

Population17,555
Median household income$76,971
Source: US Census ACS

About

Emphasys Software is a leading provider of real estate management, financial, and compliance software solutions, with a focus on serving public housing authorities. With over 35 years of experience, Emphasys has established itself as a pioneer in the industry, providing innovative and forward-thinking technology to streamline daily business processes. Their industry-specific software solutions address the unique needs of clients in the vertical markets they specialize in, such as real estate. As a full-service technology vendor, Emphasys Software assists clients with modernizing their business systems, maintaining mission-critical applications and data, and planning for future growth.

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Price
$$
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)

~$13.9M2019
~$14.1M2020
~$15.0M2021
~$16.7M2022
~$17.6M2023
~$18.5M2024
Modeled from category averages for the region+5.9%/yr since 201980% confidence band: ±68%

Company profile

Legal formCorporation
Incorporated1983 (MI)
Employees (reported band)8-17
Facility size~15,000 sq ft
Observed

Property

Lot size4,399 sq ft
Land use201
ZoningCOP B-2
CountyEmmet
Parcel ownerWJ & C LLC
On this lotshared with 12 other businesses
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in Michigan2,373~$11.4B~$4.8M~$1.1M5.0★16×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure35 chains expanding in this category, led by metroPCS, At&t, Att (+1,206 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)569~$609.4M~$1.1M~$497.8K2,899~$215.1M37×
Wholesale and retail trade; repair of motor vehicles and motorcycles141~$240.6M~$1.7M639

1 km area (all businesses): median from the 475 of 569 businesses with estimates

Estimate

Area conditions (49770)

Population17,555 ±470
Median household income$76,971 ±$4,060
Median home value$269,800
Bachelor's degree or higher0.4%
Unemployment rate0.0%
Source: US Census ACS
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