Knectech
2300 Walnut Ave, Signal Hill, CA 90755
Signal Hill, California, United States
Address
City: Signal Hill
Neighborhood: Alamitos Heights
State: California
Postal Code: 90755
Country: United States
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.
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Credit Cards
Apple Pay, Cash, Debit Card, Yes
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Dining Options
Delivery
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Parking
Yes
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Price
$
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Wheelchair Accessible
Parking, Yes
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
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Computer stores in California | 3,414 | ~$8.4B | ~$2.5M | ~$716.3K | 4.3★ | 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)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 389 | ~$1.2B | ~$3.1M | ~$908.5K | 2,916 | ~$292.4M | 1.1× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 102 | ~$572.6M | ~$5.6M | — | 830 | — | — |
| Accommodation and food service activities | 24 | ~$22.7M | ~$945.4K | — | 288 | — | — |
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