Instant Eats

5.0★★★★★(1 review)

175 William F McClellan Hwy, East Boston, MA 02128

East Boston, Massachusetts, United States

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Address
City: East Boston
Neighborhood: East Boston
State: Massachusetts
Postal Code: 02128
Country: United States

Business facts

Estimated annual revenue~$450.5K
Estimated employees~2
In business since2022 (est.)
Estimate based on moderate signals

Area statistics (02128)

Population45,357
Median household income$84,023
Source: US Census ACS

About

Instant Eats is located in East Boston, Massachusetts. This business is working in the following industry: Delivery Service.

Categories: Delivery Service.
ISIC Codes: 5320.

Market analysis

Earning below its category median in a growing category (Delivery Service).

EstimateCategory trend: 2024, +4.7%

Revenue trend (modeled)

~$363.9K2019
~$403.9K2020
~$449.9K2021
~$472.6K2022
~$472.3K2023
~$450.5K2024
Modeled from official industry statistics+4.4%/yr since 201980% confidence band: ±42%

Property

Lot size10 acres
Land use316
CountySuffolk
Parcel ownerBULGROUP COLORADO LLC
Assessed value$32.4M (land $7.1M)
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Delivery Service in Massachusetts670~$1.1B~$1.7M~$654.3K4.2★0.7×
Category revenue trend2024: +4.7%2023: +0.6%2022: +2.9%2021: +12.3%Modeled from business-level estimates
Chain pressure6 chains expanding in this category, led by Pardon My Cheesesteak, Bocsit Courier Service, Wegmans Delivery & Curbside Pickup (+43 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)159~$308.8M~$1.9M~$917.8K1,055~$102.5M0.5×
Transportation and storage40~$89.2M~$2.2M280

1 km area (all businesses): median from the 137 of 159 businesses with estimates

Estimate

Area conditions (02128)

Population45,357 ±2,019
Median household income$84,023 ±$6,570
Median home value$653,600
Bachelor's degree or higher0.4%
Unemployment rate0.1%
Source: US Census ACS
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