Function Hall

5.0★★★★★(2 reviews)

Middleborough, MA 02346

Middleborough Center, Massachusetts, United States

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Address
City: Middleborough Center
Neighborhood: Camp Avoda
State: Massachusetts
Postal Code: 02346
Country: United States

Business facts

Estimated annual revenue~$1.4M
Estimated employees~4
Estimated wage bill~$215.4K
Estimate based on strong signals

Area statistics (02346)

Population24,268
Median household income$89,290
Source: US Census ACS

About

Function Hall is located in Middleborough Center, Massachusetts. This business is working in the following industry: Function Room Facility.

Wheelchair Accessible
Parking, Yes
Categories: Function Room Facility, Event Venue.
ISIC Codes: 6810, 9609.

Market analysis

Earning above its category median in a growing category (Function Room Facility).

EstimateCategory trend: 2024, +5.1%

Revenue trend (modeled)

~$1.1M2019
~$1.1M2020
~$1.1M2021
~$1.3M2022
~$1.3M2023
~$1.4M2024
Modeled from official industry statistics+4.2%/yr since 201980% confidence band: ±42%

Property

Lot size19 acres
Land use9581
ZoningRR
CountyPlymouth
Parcel ownerBROCKTON YMCA
Assessed value$1.4M (land $384.0K)
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Function Room Facility in Massachusetts224~$348.5M~$1.6M~$915.4K4.4★1.5×
Category revenue trend2024: +5.1%2023: +4.1%2022: +9.8%2021: +6.5%Modeled from business-level estimates
Chain pressure59 chains expanding in this category, led by Regus, Masspike, The Woodlands (+216 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)31~$52.6M~$1.7M~$635.0K105~$11.6M2.2×
Real estate activities3~$3.7M~$1.2M7
Other service activities1~$168.2K~$168.2K2

1 km area (all businesses): median from the 28 of 31 businesses with estimates

Estimate

Area conditions (02346)

Population24,268 ±21
Median household income$89,290 ±$5,547
Median home value$401,700
Bachelor's degree or higher0.3%
Unemployment rate0.1%
Source: US Census ACS
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