Business facts
Estimated annual revenue~$273.7K
Estimated employees~3
In business since2023 (est.)
Estimate based on moderate signals
About
Reading Rays is located in St. Paul Park, Minnesota. This business is working in the following industry: Tutoring Service.
Market analysis
Earning around its category median in a growing category (Tutoring Service).
EstimateCategory trend: 2024, +7.6%
Revenue trend (modeled)
~$191.0K2019
~$170.9K2020
~$196.9K2021
~$229.2K2022
~$253.6K2023
~$273.7K2024
Modeled from category averages for the region+7.5%/yr since 201980% confidence band: ±59%
Property
Lot size20 acres
CountyWashington
Parcel ownerIsd 622 Nsp/Mpwd/Oak
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Tutoring Service in Minnesota | 296 | ~$144.1M | ~$486.7K | ~$248.3K | 5.0★ | 1.1× |
Category revenue trend2024: +7.6%2023: +10.1%2022: +15.2%2021: +14.1%Modeled from business-level estimates
Chain pressure15 chains expanding in this category, led by Mathnasium, Sylvan Learning of Eagan, Safeway Driving School (+40 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) | 11 | ~$11.8M | ~$1.1M | ~$654.9K | 85 | ~$9.0M | 0.4× |
| Education | 2 | ~$6.9M | ~$3.4M | — | 54 | — | — |
1 km area (all businesses): median from the 6 of 11 businesses with estimates
Estimate