ProcessBolt
3792 Williston Rd, Minnetonka, MN 55345
Minnetonka, Minnesota, United States
Address
City: Minnetonka
Neighborhood: Groveland
State: Minnesota
Postal Code: 55345
Country: United States
Business facts
Estimated annual revenue~$1.7M
Estimated employees~4
In business since2021 (est.)
Estimate based on strong signals
Area statistics (55345)
Population21,440
Median household income$134,288
Source: US Census ACS
About
ProcessBolt is located in Minnetonka, Minnesota. This business is working in the following industry: Software Company.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a growing category (Software Company).
EstimateCategory trend: 2021, +8.7%
Revenue trend (modeled)
~$2.1M2019
~$1.3M2020
~$1.4M2021
~$1.6M2022
~$1.7M2023
~$1.7M2024
Modeled from category averages for the region-3.7%/yr since 201980% confidence band: ±68%
Property
Lot size2.47 acres
CountyHennepin
Parcel ownerMga 2 Llc
Last sale$2.8M (1498867200000)
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Software Company in Minnesota | 1,521 | ~$11.7B | ~$7.7M | ~$1.5M | 5.0★ | 1.2× |
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure22 chains expanding in this category, led by Target Mobile, Metro by T-Mobile, T-Mobile (+836 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) | 131 | ~$270.4M | ~$2.1M | ~$683.7K | 1,030 | ~$93.1M | 2.5× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 23 | ~$109.0M | ~$4.7M | — | 162 | — | — |
1 km area (all businesses): median from the 99 of 131 businesses with estimates
Estimate
Area conditions (55345)
Population21,440 ±879
Median household income$134,288 ±$7,125
Median home value$451,800
Bachelor's degree or higher0.6%
Unemployment rate0.0%
Source: US Census ACS