Address
City: Richmond
State: Michigan
Postal Code: 48062
Country: United States
Business facts
Estimated annual revenue~$410.9K
Estimated employees~3
In business since1994
Estimate based on strong signals
Contacts
Owner
OWNER
Area statistics (48062)
Population9,351
Median household income$76,600
Source: US Census ACS
About
Franks Processing is located in Richmond, Michigan, and was founded in 1994. This business is working in the following industry: Butcher. Annual sales for Franks Processing are around $0.0 – $500.0K.
🍽️
Dining Options
Delivery
♿
Wheelchair Accessible
Parking
Market analysis
Earning below its category median in a growing category (Butcher).
EstimateCategory trend: 2024, +3.3%
Revenue trend (modeled)
~$240.3K2019
~$249.1K2020
~$318.5K2021
~$391.6K2022
~$391.7K2023
~$410.9K2024
Modeled from official industry statistics+11.3%/yr since 201980% confidence band: ±42%
Property
Lot size4.76 acres
CountyMacomb
Parcel ownerMUNEIO KEVIN & KELLY
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Butcher in Michigan | 539 | ~$795.2M | ~$1.5M | ~$616.5K | 4.6★ | 0.7× |
Category revenue trend2024: +3.3%2023: +4.8%2022: +18.6%2021: +8.0%Modeled from business-level estimates
Chain pressure49 chains expanding in this category, led by Meijer Deli, Kroger, Walmart Deli (+1,724 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) | 1 | ~$681.2K | ~$681.2K | — | 3 | ~$152.4K | — |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 1 | ~$681.2K | ~$681.2K | — | 3 | — | — |
Estimate
Area conditions (48062)
Population9,351 ±215
Median household income$76,600 ±$14,776
Median home value$242,100
Bachelor's degree or higher0.3%
Unemployment rate0.1%
Source: US Census ACS