MAKEbhm
4000 3rd Ave S Suite 102, Birmingham, AL 35222
Birmingham, Alabama, United States
Address
City: Birmingham
Neighborhood: Forest Park
State: Alabama
Postal Code: 35222
Country: United States
Business facts
Estimated annual revenue~$699.4K
Estimated employees~2
Annual payroll (2021)~$68.1K
In business since2016
Based on reported payroll data
Contacts
Principal
Area statistics (35222)
Population8,387
Median household income$77,500
Source: US Census ACS
About
MAKEbhm is a creative workspace and community in Birmingham, providing a space for makers to work and collaborate. With a focus on good design and original ideas, MAKEbhm offers studio art classes, coworking space access, and a supportive environment for creatives to work and grow. As a hub for more than 20 small businesses and over 100 creative individuals, MAKEbhm is dedicated to providing access to equipment and space for its members to bring their ideas to life.
📅
Appointment Only
Yes
💳
Credit Cards
Yes
💰
Price
$$
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning around its category median in a growing category (Coworking Space).
EstimateCategory trend: 2024, +5.1%
Revenue trend (modeled)
~$590.8K2019
~$578.7K2020
~$671.3K2021
~$697.7K2022
~$741.7K2023
~$699.4K2024
Modeled from official industry statistics+3.4%/yr since 201980% confidence band: ±42%
Company profile
Legal formLimited liability company (LLC)
Employees (reported band)17
Observed
Property
Lot size1.12 acres
CountyJefferson
Parcel ownerMAKE HOLDINGS, LLC
On this lotshared with 12 other businesses
ObservedPublic assessor / cadastre record
Federal support (SBA)
PPP loan (2020)$14.2K · 1 jobs reported · implies ~$68.1K annual payroll · $14.4K forgiven
Second PPP loan (2021)$14.2K · 1 jobs reported · $14.3K 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 | |
|---|---|---|---|---|---|---|
| Coworking Space in Alabama | 81 | ~$75.3M | ~$929.4K | ~$798.9K | 5.0★ | 0.9× |
Category revenue trend2024: +5.1%2023: +4.1%2022: +9.8%2021: +6.5%Modeled from business-level estimates
Chain pressure70 chains expanding in this category, led by Legacy Trail, High Forest II, Georgian (+297 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) | 348 | ~$899.6M | ~$2.6M | ~$679.1K | 2,277 | ~$193.9M | 1.0× |
| Real estate activities | 29 | ~$35.8M | ~$1.2M | — | 68 | — | — |
1 km area (all businesses): median from the 303 of 348 businesses with estimates
Estimate
Area conditions (35222)
Population8,387 ±1,053
Median household income$77,500 ±$20,610
Median home value$367,300
Bachelor's degree or higher0.6%
Unemployment rate0.1%
Source: US Census ACS