Address
City: Minneapolis
Neighborhood: Uptown
State: Minnesota
Postal Code: 55408
Country: United States
Business facts
Estimated annual revenue~$320.2K
Estimated employees~2
In business since2021 (est.)
Based on reported payroll data
Area statistics (55408)
Population32,312
Median household income$70,158
Source: US Census ACS
About
Float is a peer-to-peer boat rental platform that allows boat owners to list and rent out their personal boats to earn extra income. The platform also provides easy and hassle-free boat rental access to all users.
♿
Wheelchair Accessible
Parking
Market analysis
Earning around its category median in a growing category (Boat Rental Service).
EstimateCategory trend: 2024, +2.3%
Revenue trend (modeled)
~$324.3K2019
~$230.8K2020
~$282.1K2021
~$356.7K2022
~$339.0K2023
~$320.2K2024
Modeled from official industry statistics-0.2%/yr since 201980% confidence band: ±42%
Property
Lot size1.43 acres
CountyHennepin
Parcel ownerMozaic East Llc
ObservedPublic assessor / cadastre record
Federal support (SBA)
EIDL advance grant (2020)$2.0K · 2 jobs reported
EIDL disaster loan (2020)$25.6K
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Boat Rental Service in Minnesota | 230 | ~$133.1M | ~$578.5K | ~$325.4K | 4.6★ | 1.0× |
Category revenue trend2024: +2.3%2023: +2.6%2022: +11.1%2021: +12.7%Modeled from business-level estimates
Chain pressure6 chains expanding in this category, led by Your Boat Club, Pedego Electric Bikes Stillwater, Wheel Fun Rentals (+34 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) | 783 | ~$1.0B | ~$1.3M | ~$565.7K | 4,331 | ~$332.1M | 0.6× |
| Administrative and support service activities | 24 | ~$29.8M | ~$1.2M | — | 156 | — | — |
1 km area (all businesses): median from the 677 of 783 businesses with estimates
Estimate
Area conditions (55408)
Population32,312 ±1,531
Median household income$70,158 ±$4,480
Median home value$373,400
Bachelor's degree or higher0.6%
Unemployment rate0.1%
Source: US Census ACS