Lightstat

5.0★★★★★(2 reviews)

22 W West Hill Rd

Barkhamsted, Connecticut, United States

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Business facts

Estimated annual revenue~$3.3M
Estimated employees~27
Annual payroll (2021)~$1.3M
In business since1983
Based on reported payroll data

Area statistics (06063)

Population3,320
Median household income$124,107
Source: US Census ACS

About

Lightstat is located in Barkhamsted, Connecticut, and was founded in 1983. At this location, Lightstat employs approximately 25 people. This business is working in the following industry: Business Center. Annual sales for Lightstat are around $1.0M – $10.0M.

Wheelchair Accessible
Yes
Categories: Business Center.
ISIC Codes: 8211.

Market analysis

Earning above its category median in a growing category (Business Center).

EstimateCategory trend: 2024, +5.0%

Revenue trend (modeled)

~$1.4M2019
~$1.5M2020
~$1.7M2021
~$2.5M2022
~$2.9M2023
~$3.3M2024
Modeled from official industry statistics+17.9%/yr since 201980% confidence band: ±51%

Company profile

Incorporated1997
Observed

Property

Lot size4.51 acres
ZoningI-1
CountyNorthwest_hills_planning_region
Parcel ownerLIGHTSTAT INC
Assessed value$547.0K
Last sale$275.0K (6/22/1995 0:00)
ObservedPublic assessor / cadastre record

Federal support (SBA)

SBA 7(a)/504 loan (2020)$1.5M
EIDL advance grant (2020)$10.0K · 10 jobs reported
EIDL disaster loan (2020)$150.0K
PPP loan (2020)$265.5K · 15 jobs reported · implies ~$1.3M annual payroll · $268.3K forgiven
Second PPP loan (2021)$274.3K · 12 jobs reported · $277.0K 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
Business Center in Connecticut403~$797.9M~$2.0M~$878.8K4.3★3.7×
Category revenue trend2024: +5.0%2023: +6.0%2022: +12.2%2021: +5.9%Modeled from business-level estimates

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)3~$16.2M~$5.4M37~$4.2M
Administrative and support service activities1~$3.3M~$3.3M27
Estimate

Area conditions (06063)

Population3,320 ±262
Median household income$124,107 ±$16,418
Median home value$323,700
Bachelor's degree or higher0.5%
Unemployment rate0.1%
Source: US Census ACS
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