Phlearn

4.9★★★★★(7 reviews)

700 N Sacramento Blvd, Chicago, IL 60612

Chicago, Illinois, United States

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Business facts

Estimated annual revenue~$3.4M
Estimated employees~4
Annual payroll (2020)~$443.5K
In business since2011
Based on reported payroll data

Contacts

Area statistics (60612)

Population34,459
Median household income$58,858
Source: US Census ACS

About

Phlearn is a community and show for individuals who want to connect with a real person who has experienced the challenges of photography and is committed to telling the truth. The platform aims to create a supportive environment for those interested in the new world of photography, free from sales pitches and filled with genuine care and appreciation for truth. Phlearn promises to help members improve their photography skills, learn to run a business around their passion, master Photoshop, and be inspired creatively. And the best part? It's all free.

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Credit Cards
American Express, Debit Card, Discover, Mastercard, NFC, PayPal, Visa, Yes
Categories: Photo Shop.
ISIC Codes: 4742.

Market analysis

Earning above its category median in a growing category (Photo Shop).

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$2.3M2019
~$2.4M2020
~$2.8M2021
~$3.1M2022
~$3.3M2023
~$3.4M2024
Modeled from category averages for the region+7.9%/yr since 201980% confidence band: ±68%

Company profile

Employees (reported band)17
Observed

Federal support (SBA)

PPP loan (2020)$92.4K · 7 jobs reported · implies ~$443.5K annual payroll · $93.4K forgiven
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Photo Shop in Illinois1,028~$570.3M~$554.8K~$490.0K4.2★7.0×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure8 chains expanding in this category, led by Hoffman Estates, CVS Photo, Walgreens Photo (+2,432 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)261~$935.0M~$3.6M~$729.8K1,566~$161.8M4.7×
Wholesale and retail trade; repair of motor vehicles and motorcycles62~$326.8M~$5.3M255

1 km area (all businesses): median from the 216 of 261 businesses with estimates

Estimate

Area conditions (60612)

Population34,459 ±2,264
Median household income$58,858 ±$4,963
Median home value$342,700
Bachelor's degree or higher0.4%
Unemployment rate0.1%
Source: US Census ACS
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