Remittance Processing Services

4.5★★★★★(2 reviews)

2960 N Meridian St, Indianapolis, IN 46208

Indianapolis, United States

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Business facts

Estimated annual revenue~$5.0M
Estimated employees~18
Estimated wage bill~$1.0M
In business since1996
Estimate based on strong signals

Area statistics (46208)

Population22,729
Median household income$46,693
Source: US Census ACS

About

Remittance Processing Services is located in Indianapolis, and was founded in 1996. At this location, Remittance Processing Services employs approximately 28 people. This business is working in the following industry: Electrical Supply Store. Annual sales for Remittance Processing Services are around $1.0M – $5.0M.

Wheelchair Accessible
Parking, Yes
Categories: Electrical Supply Store, Wholesale trade, except of motor vehicles and motorcycles.
ISIC Codes: 46, 4752.

Market analysis

Earning above its category median in a stable category (Electrical Supply Store).

EstimateCategory trend: 2024, +1.5%

Revenue trend (modeled)

~$4.0M2019
~$4.4M2020
~$4.6M2021
~$5.1M2022
~$5.1M2023
~$5.0M2024
Modeled from official industry statistics+4.5%/yr since 201980% confidence band: ±42%

Company profile

Incorporated1996 (IN)
Employees (reported band)8-17
Observed

Property

Lot size8.92 acres
Land use449
CountyMarion
On this lotshared with 26 other businesses
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Electrical Supply Store in Indiana300~$1.6B~$5.6M~$2.6M4.6★1.9×
Category revenue trend2024: +1.5%2023: +1.2%2022: +7.7%2021: +7.7%Modeled from business-level estimates
Chain pressure42 chains expanding in this category, led by Wire Supplies Inc, Pro Desk at The Home Depot, Harbor Freight (+551 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)188~$362.1M~$1.9M~$523.8K1,615~$174.8M9.5×
Wholesale and retail trade; repair of motor vehicles and motorcycles17~$49.9M~$2.9M90

1 km area (all businesses): median from the 158 of 188 businesses with estimates

Estimate

Area conditions (46208)

Population22,729 ±1,654
Median household income$46,693 ±$3,369
Median home value$160,400
Bachelor's degree or higher0.4%
Unemployment rate0.1%
Source: US Census ACS

Historical Information

Old business websites and emails that no longer exist, informational purposes only.

webmaster@dhtmlcentral.com
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