Precision Laser Processing
8815 Harrison St, Sandy, UT 84070
Sandy, Utah, United States
Address
City: Sandy
Neighborhood: Ark
State: Utah
Postal Code: 84070
Country: United States
Business facts
Estimated annual revenue~$3.9M
Estimated employees~10
Annual payroll (2020)~$709.1K
In business since1994
Based on reported payroll data
Contacts
Area statistics (84070)
Population30,390
Median household income$76,839
Source: US Census ACS
About
Precision Laser Processing is located in Sandy, Utah, and was founded in 1994. At this location, Precision Laser Processing employs approximately 17 people. This business is working in the following industry: Metal Fabricator. Annual sales for Precision Laser Processing are around 1M – 5M.
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Credit Cards
Debit Card, Yes
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a stable category (Metal Fabricator).
EstimateCategory trend: 2024, +1.8%
Revenue trend (modeled)
~$3.8M2019
~$3.1M2020
~$3.3M2021
~$3.8M2022
~$3.7M2023
~$3.9M2024
Modeled from official industry statistics+0.2%/yr since 201980% confidence band: ±42%
Company profile
Incorporated1994 (UT)
Employees (reported band)8-17
Facility size~11,000 sq ft
Observed
Property
Lot size0.72 acres
CountySalt_lake
ObservedPublic assessor / cadastre record
Federal support (SBA)
PPP loan (2020)$147.7K · 22 jobs reported · implies ~$709.1K annual payroll · $149.8K forgiven
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Metal Fabricator in Utah | 426 | ~$1.5B | ~$7.4M | ~$2.0M | 5.0★ | 1.9× |
Metal Fabricator in Utah: revenue figures from the 204 of 426 businesses with estimates
Category revenue trend2024: +1.8%2023: +1.8%2022: +8.1%2021: +4.5%Modeled from business-level estimates
Chain pressure1 chains expanding in this category, led by Resharp (+11 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) | 306 | ~$1.5B | ~$4.8M | ~$1.3M | 3,030 | ~$314.3M | 2.9× |
| Manufacturing | 12 | ~$3.9M | ~$322.9K | — | 172 | — | — |
1 km area (all businesses): median from the 260 of 306 businesses with estimates
Estimate
Area conditions (84070)
Population30,390 ±1,544
Median household income$76,839 ±$4,266
Median home value$392,700
Bachelor's degree or higher0.4%
Unemployment rate0.0%
Source: US Census ACS