Frecom

5.0★★★★★(2 reviews)

435 W Baltimore Pike, West Grove, PA 19390

West Grove, Pennsylvania, United States

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Business facts

Estimated annual revenue~$566.1K
Estimated employees~2
Annual payroll (2021)~$78.2K
In business since1983
Based on reported payroll data

Area statistics (19390)

Population12,677
Median household income$105,164
Source: US Census ACS

About

Frecom has been a leading provider of wireless communication products for over 37 years, with a strong commitment to the local community. From humble beginnings in 1983, the company has evolved to serve the 4th generation, expanding its offerings to include GPS products, in-building amps, and emergency communications for various facilities.

💳
Credit Cards
Cash, Debit Card, Yes
🍽️
Dining Options
Delivery
🅿️
Parking
Parking Lot, Yes
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Price
$
Wheelchair Accessible
Parking, Yes
Categories: Mobile phone stores.
ISIC Codes: 4741.

Market analysis

Earning around its category median in a growing category (Mobile phone stores).

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$530.1K2019
~$506.4K2020
~$459.5K2021
~$509.1K2022
~$537.9K2023
~$566.1K2024
Modeled from category averages for the region+1.3%/yr since 201980% confidence band: ±68%

Company profile

Legal formCorporation
Incorporated1983 (PA)
Employees (reported band)8-17
Observed

Property

Lot size1.40 acres
Land useR-10
CountyChester
Assessed value$34.9K — 2024
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$16.5K · 2 jobs reported · implies ~$79.0K annual payroll · $16.6K forgiven
Second PPP loan (2021)$16.3K · 4 jobs reported · $16.4K forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Mobile phone stores in Pennsylvania3,780~$3.0B~$809.5K~$597.2K4.3★0.9×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure50 chains expanding in this category, led by Boost Mobile, T-Mobile, Walmart Electronics (+1,767 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)27~$45.2M~$1.7M~$622.6K139~$14.3M0.9×
Wholesale and retail trade; repair of motor vehicles and motorcycles10~$35.0M~$3.5M73

1 km area (all businesses): median from the 21 of 27 businesses with estimates

Estimate

Area conditions (19390)

Population12,677 ±896
Median household income$105,164 ±$12,597
Median home value$364,500
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS
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