Material Objects
500 Congress St, Portland, ME 04101
Portland, Maine, United States
Address
City: Portland
Neighborhood: Downtown
State: Maine
Postal Code: 04101
Country: United States
Business facts
Estimated annual revenue~$649.1K
Estimated employees~5
Annual payroll (2020)~$86.4K
In business since2000
Based on reported payroll data
Contacts
Area statistics (04101)
Population17,832
Median household income$54,513
Source: US Census ACS
About
Portland's Arts District has been a go-to shopping destination since 1979, offering a carefully curated selection of new, vintage, consigned, and locally crafted goods for both men and women. The inventory is constantly changing, providing a new experience with each visit. Seasonal consignment is available by appointment, with walk-ins welcome for 10 items or less between 11am and 4pm. For consignors with more than 10 items, appointments can be made by calling 207-774-1241.
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Bike Parking
Yes
💳
Credit Cards
Apple Pay, Cash, Debit Card, NFC, Yes
🍽️
Dining Options
Delivery
🅿️
Parking
Street Parking, Parking Lot, 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 (Used Clothing Store).
EstimateCategory trend: 2021, +19.0%
Revenue trend (modeled)
~$525.2K2019
~$415.6K2020
~$526.8K2021
~$583.8K2022
~$616.8K2023
~$649.1K2024
Modeled from category averages for the region+4.3%/yr since 201980% confidence band: ±68%
Company profile
Incorporated1979 (ME)
Employees (reported band)8-17
Facility size~1,200 sq ft
Observed
Property
Lot size2,058 sq ft
CountyCumberland
ObservedPublic assessor / cadastre record
Federal support (SBA)
EIDL advance grant (2020)$9.0K · 9 jobs reported
PPP loan (2020)$18.0K · 7 jobs reported · implies ~$86.4K annual payroll · $18.1K forgiven
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Used Clothing Store in Maine | 33 | ~$19.1M | ~$578.9K | ~$355.6K | 4.3★ | 1.8× |
Category revenue trend2021: +19.0%2020: -8.4%2019: +6.5%Modeled from business-level estimates
Chain pressure25 chains expanding in this category, led by cmhc.org, etsy.com, US Post Office (+345 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) | 2,973 | ~$5.3B | ~$1.8M | ~$625.9K | 18,787 | ~$2.0B | 1.0× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 428 | ~$1.1B | ~$2.7M | — | 2,151 | — | — |
1 km area (all businesses): median from the 2,093 of 2,973 businesses with estimates
Estimate
Area conditions (04101)
Population17,832 ±874
Median household income$54,513 ±$5,195
Median home value$575,900
Bachelor's degree or higher0.6%
Unemployment rate0.0%
Source: US Census ACS