Address
City: Fort Smith
Neighborhood: Mill Creek
State: Arkansas
Postal Code: 72901
Country: United States
Business facts
Estimated annual revenue~$251.2K
Estimated employees~2
In business since2010
Estimate based on strong signals
Contacts
Area statistics (72901)
Population20,783
Median household income$42,361
Source: US Census ACS
About
Purple Patch is located in Fort Smith, Arkansas, and was founded in 2010. This business is working in the following industry: Thrift Store. Annual sales for Purple Patch are around < $500.0K.
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Credit Cards
American Express, Apple Pay, Cash, Debit Card, Discover, Mastercard, NFC, Visa, Yes
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Dining Options
Delivery
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Parking
Parking Lot, Yes
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Wheelchair Accessible
Parking, Yes
Market analysis
Earning around its category median in a growing category (Thrift Store).
EstimateCategory trend: 2021, +19.0%
Revenue trend (modeled)
~$174.7K2019
~$165.7K2020
~$203.9K2021
~$225.9K2022
~$238.7K2023
~$251.2K2024
Modeled from category averages for the region+7.5%/yr since 201980% confidence band: ±68%
Company profile
Incorporated2010 (AR)
Employees (reported band)14-17
Observed
Property
Lot size0.47 acres
CountySebastian
Parcel ownerHOOKS PROPERTIES, LLC
Assessed value$83.0K (land $78.8K)
On this lotshared with 2 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Thrift Store in Arkansas | 392 | ~$207.5M | ~$530.6K | ~$292.0K | 4.5★ | 0.9× |
Category revenue trend2021: +19.0%2020: -8.4%2019: +6.5%Modeled from business-level estimates
Chain pressure4 chains expanding in this category, led by Camp Auction, Salvation Army Thrift Store, BL Thrift Outlet (+16 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) | 427 | ~$713.1M | ~$1.7M | ~$907.6K | 2,467 | ~$259.4M | 0.3× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 62 | ~$110.5M | ~$1.8M | — | 216 | — | — |
1 km area (all businesses): median from the 358 of 427 businesses with estimates
Estimate
Area conditions (72901)
Population20,783 ±1,357
Median household income$42,361 ±$5,031
Median home value$112,500
Bachelor's degree or higher0.2%
Unemployment rate0.1%
Source: US Census ACS