Sharpit
2506 Waterbury Ln, Buffalo Grove, IL 60089
Buffalo Grove, Illinois, United States
Address
City: Buffalo Grove
Neighborhood: Prairie View
State: Illinois
Postal Code: 60089
Country: United States
Business facts
Estimated annual revenue~$423.3K
Estimated employees~2
Estimate based on moderate signals
Area statistics (60089)
Population42,867
Median household income$127,537
Source: US Census ACS
About
Sharpit is located in Buffalo Grove, Illinois. This business is working in the following industry: Software Company.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning below its category median in a growing category (Software Company).
EstimateCategory trend: 2021, +8.7%
Revenue trend (modeled)
~$298.5K2019
~$313.6K2020
~$343.6K2021
~$380.7K2022
~$402.3K2023
~$423.3K2024
Modeled from category averages for the region+7.2%/yr since 201980% confidence band: ±68%
Property
Lot size1,856 sq ft
CountyLake
Parcel ownerHEMACHANDRA VEERAPALLI
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Software Company in Illinois | 3,908 | ~$20.1B | ~$5.2M | ~$1.2M | 5.0★ | 0.4× |
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure43 chains expanding in this category, led by Metro by T-Mobile, Metro, Walmart Electronics (+1,929 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) | 36 | ~$32.3M | ~$897.3K | ~$437.0K | 149 | ~$13.4M | 1.0× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 4 | ~$3.8M | ~$961.3K | — | 8 | — | — |
1 km area (all businesses): median from the 29 of 36 businesses with estimates
Estimate
Area conditions (60089)
Population42,867 ±79
Median household income$127,537 ±$5,540
Median home value$380,500
Bachelor's degree or higher0.7%
Unemployment rate0.0%
Source: US Census ACS