Knectech

2.7★★★☆☆(3 reviews)

2300 Walnut Ave, Signal Hill, CA 90755

Signal Hill, California, United States

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Business facts

Estimated annual revenue~$1.0M
Estimated employees~2
Annual payroll (2021)~$141.3K
In business since2011
Based on reported payroll data

Contacts

Area statistics (90755)

Population11,764
Median household income$96,521
Source: US Census ACS

About

KNECTECH, a company that began in a garage, has expanded to servicing hundreds of locations on the Pacific West Coast. Their focus on providing quick, knowledgeable, and affordable service has allowed them to grow a valuable client base, with a strong emphasis on prioritizing the needs of their clients.

💳
Credit Cards
Apple Pay, Cash, Debit Card, Yes
🍽️
Dining Options
Delivery
🅿️
Parking
Yes
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Price
$
Wheelchair Accessible
Parking, Yes
Categories: Computer stores, Restaurant Supply Store, Restaurants and mobile food service activities.
ISIC Codes: 4741, 4759, 5610.

Market analysis

Earning above its category median in a growing category (Computer stores).

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$850.6K2019
~$856.1K2020
~$816.7K2021
~$905.0K2022
~$956.2K2023
~$1.0M2024
Modeled from category averages for the region+3.4%/yr since 201980% confidence band: ±68%

Company profile

Employees (reported band)17
Observed

Property

Lot size1.40 acres
Land use3100
CountyLos_angeles
On this lotshared with 10 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$29.4K · 3 jobs reported · implies ~$141.3K annual payroll · $29.9K forgiven
Second PPP loan (2021)$29.4K · 2 jobs reported · $29.8K 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
Computer stores in California3,414~$8.4B~$2.5M~$716.3K4.3★1.4×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure123 chains expanding in this category, led by T-Mobile, Target Mobile, Att (+4,101 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)389~$1.2B~$3.1M~$908.5K2,916~$292.4M1.1×
Wholesale and retail trade; repair of motor vehicles and motorcycles102~$572.6M~$5.6M830
Accommodation and food service activities24~$22.7M~$945.4K288

1 km area (all businesses): median from the 316 of 389 businesses with estimates

Estimate

Area conditions (90755)

Population11,764 ±77
Median household income$96,521 ±$12,985
Median home value$690,100
Bachelor's degree or higher0.4%
Unemployment rate0.0%
Source: US Census ACS
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