Patterns & Pops

4.9★★★★★(132 reviews)

1620 Platte St Ste F, Denver, CO 80202

Denver, Colorado, United States

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Business facts

Estimated annual revenue~$164.6K
Estimated employees~3
Annual payroll (2021)~$21.8K
In business since2015
Based on reported payroll data

Contacts

Administrator

Business Owner

Area statistics (80202)

Population18,180
Median household income$104,424
Source: US Census ACS

About

Patterns & Pops is a women's clothing and accessories boutique based in Denver, known for its hot pink fashion truck and storefront on Platte Street. Specializing in statement pieces with fun patterns and pops of color, everything is priced under $100. The business began as an online store in 2014, and expanded to include a fashion truck, named Patsy, in 2015. The first brick and mortar store opened in 2017, offering a wide selection of happy clothes for customers to enjoy.

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Bike Parking
Yes
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Credit Cards
Apple Pay, Debit Card, Yes
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Dining Options
Delivery
ℹ️
Diversity Management
Woman Led
🅿️
Parking
Street Parking, Parking Lot, Valet, Yes
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Price
$$
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Restroom
Gender Neutral Restroom
Wheelchair Accessible
Parking, Yes
Categories: Women's clothing.
ISIC Codes: 4771.

Market analysis

Earning below its category median in a growing category (Women's clothing).

EstimateCategory trend: 2021, +11.6%

Revenue trend (modeled)

~$131.7K2019
~$110.5K2020
~$133.6K2021
~$148.0K2022
~$156.4K2023
~$164.6K2024
Modeled from category averages for the region+4.6%/yr since 201980% confidence band: ±68%

Company profile

Incorporated2014 (CO)
Employees (reported band)17
Observed

Property

Lot size1.53 acres
ZoningCMX
CountyDenver
Parcel ownerMFREVF IV-COMMONS LLC
Last sale$145.5M (1/12/2024)
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$4.1K · 6 jobs reported · implies ~$19.5K annual payroll · $4.1K forgiven
Second PPP loan (2021)$4.5K · 9 jobs reported · $4.6K 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
Women's clothing in Colorado1,769~$1.5B~$842.8K~$558.1K4.3★0.3×
Category revenue trend2021: +11.6%2020: -21.1%2019: +1.2%Modeled from business-level estimates
Chain pressure86 chains expanding in this category, led by Spirit Halloween, Ross Dress for Less, CobraCkn (+311 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)719~$1.1B~$1.5M~$563.3K4,057~$363.0M0.3×
Wholesale and retail trade; repair of motor vehicles and motorcycles100~$242.7M~$2.4M411

1 km area (all businesses): median from the 637 of 719 businesses with estimates

Estimate

Area conditions (80202)

Population18,180 ±1,313
Median household income$104,424 ±$6,316
Median home value$682,500
Bachelor's degree or higher0.7%
Unemployment rate0.0%
Source: US Census ACS
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