Innatespaces
Minneapolis, Minnesota, United States
Business facts
Estimated annual revenue~$374.1K
Estimated employees~1
Estimate based on strong signals
About
Innatespaces is a full-service interior design studio in Minneapolis that specializes in designing residential spaces, sourcing and selling furniture and decor, and providing exceptional remodel project management. Their design process is centered around the homeowner, resulting in custom-configured homes that perfectly suit the lifestyles of the people who live there. They fearlessly help Twin Citizens define their space and offer a range of interior design and remodeling services in Minneapolis and the surrounding suburbs.
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Price
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Market analysis
Earning below its category median in a growing category (Interior decorations).
EstimateCategory trend: 2024, +6.4%
Revenue trend (modeled)
~$302.5K2019
~$294.6K2020
~$314.6K2021
~$339.4K2022
~$356.9K2023
~$374.1K2024
Modeled from category averages for the region+4.3%/yr since 201980% confidence band: ±59%
Property
Lot size2.70 acres
CountyHennepin
Parcel ownerUnited States Postal Service
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Interior decorations in Minnesota | 783 | ~$1.8B | ~$2.3M | ~$880.9K | 5.0★ | 0.4× |
Category revenue trend2024: +6.4%2023: +5.8%2022: +6.5%2021: +14.6%Modeled from business-level estimates
Chain pressure5 chains expanding in this category, led by Find Us - Landscaping Edina, Pearl Beach, Find Us - Interior Designer Edina (+42 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) | 331 | ~$536.4M | ~$1.6M | ~$686.4K | 2,385 | ~$217.2M | 0.5× |
| Professional, scientific and technical activities | 51 | ~$166.4M | ~$3.3M | — | 361 | — | — |
| Construction | 12 | ~$26.8M | ~$2.2M | — | 43 | — | — |
1 km area (all businesses): median from the 288 of 331 businesses with estimates
Estimate