Raphamax

31 Chestnut St, Framingham, MA 01701

Framingham, Massachusetts, United States

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Address
City: Framingham
State: Massachusetts
Postal Code: 01701
Country: United States
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Business facts

Estimated annual revenue~$274.4K
Estimated employees~2
Estimate based on moderate signals

Area statistics (01701)

Population32,973
Median household income$124,532
Source: US Census ACS

About

Raphamax is located in Framingham, Massachusetts. This business is working in the following industry: Retail sale of clothing, footwear and leather articles in specialized stores.

Categories: Retail sale of clothing, footwear and leather articles in specialized stores.
ISIC Codes: 4771.

Market analysis

Earning below its category median in a growing category (Retail sale of clothing, footwear and leather articles in specialized stores).

EstimateCategory trend: 2021, +11.6%

Revenue trend (modeled)

~$263.8K2019
~$206.0K2020
~$222.7K2021
~$246.8K2022
~$260.8K2023
~$274.4K2024
Modeled from category averages for the region+0.8%/yr since 201980% confidence band: ±68%

Property

Lot size0.27 acres
Land use102
ZoningR-1
CountyMiddlesex
Parcel ownerBROWN, SHARON RUTH
Assessed value$335.0K
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Retail sale of clothing, footwear and leather articles in specialized stores in Massachusetts9,404~$8.1B~$867.0K~$494.7K4.4★0.6×
Category revenue trend2021: +11.6%2020: -21.1%2019: +1.2%Modeled from business-level estimates
Chain pressure89 chains expanding in this category, led by Snipes, Spirit Halloween, Gap (+310 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)187~$307.6M~$1.6M~$647.7K827~$79.6M0.4×
Wholesale and retail trade; repair of motor vehicles and motorcycles34~$76.0M~$2.2M127

1 km area (all businesses): median from the 167 of 187 businesses with estimates

Estimate

Area conditions (01701)

Population32,973 ±1,419
Median household income$124,532 ±$6,356
Median home value$568,100
Bachelor's degree or higher0.6%
Unemployment rate0.0%
Source: US Census ACS
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