Sip Java Co.

4.7★★★★★(809 reviews)

638 N Federal Hwy, Fort Lauderdale, FL 33304

Fort Lauderdale, Florida, United States

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Business facts

Estimated annual revenue~$1.9M
Estimated employees~7
Annual payroll (2020)~$399.1K
In business since2014
Based on reported payroll data

Contacts

Business Owner

barista

barista

cashier

General Manager

Area statistics (33304)

Population18,923
Median household income$81,266
Source: US Census ACS

About

Sip Java Co. is located in Fort Lauderdale, Florida, and was founded in 2014. This business is working in the following industry: Cafes.

🏪
Ambience
Casual
🚲
Bike Parking
Yes
🍴
Catering
Yes
💳
Credit Cards
American Express, Apple Pay, Debit Card, Discover, Mastercard, NFC, Visa, Yes
🍽️
Dining Options
Delivery, Take-out, Table Service, Walk-ins
👔
Dress Code
Casual
🍷
Drinks
Yes
👥
Good For Groups
Yes
👶
Good For Kids
Yes
📖
Menus
Breakfast, Brunch, Coffee, Dessert, Lunch
🔊
Noise Level
Average
🌿
Outdoor Seating
Yes
🅿️
Parking
Parking Lot, Car Park, Private Lot, Yes
ℹ️
Popular With
Tourists
💰
Price
$
📅
Reservations
Yes
🚻
Restroom
Yes
📺
TVs
No
Wheelchair Accessible
Parking, Restroom, Seating, Yes
📶
Wi-Fi
Yes
Categories: Cafes, Espresso Bar, Coffee Shop, Coffee Store, Bagel Shop, Coffee Wholesaler, Sandwich shops, Breakfast and brunch.
ISIC Codes: 4630, 4721, 4722, 5610.

Market analysis

Earning above its category median in a growing category (Cafes).

EstimateCategory trend: 2024, +4.1%

Revenue trend (modeled)

~$1.3M2019
~$1.1M2020
~$1.4M2021
~$1.6M2022
~$1.8M2023
~$1.9M2024
Modeled from official industry statistics+7.9%/yr since 201980% confidence band: ±42%

Property

Lot size5.13 acres
Land use16
CountyBroward
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$83.1K · 15 jobs reported · implies ~$399.1K annual payroll · $83.8K forgiven
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Cafes in Florida6,972~$4.3B~$613.5K~$452.0K4.4★4.1×
Category revenue trend2024: +4.1%2023: +7.6%2022: +14.8%2021: +22.3%Modeled from business-level estimates
Chain pressure1,246 chains expanding in this category, led by Dunkin, Starbucks, 7-Eleven (+8,528 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)782~$1.4B~$1.8M~$596.0K3,643~$304.4M3.1×
Wholesale and retail trade; repair of motor vehicles and motorcycles206~$897.1M~$4.4M999
Accommodation and food service activities121~$141.1M~$1.2M1,123

1 km area (all businesses): median from the 699 of 782 businesses with estimates

Estimate

Area conditions (33304)

Population18,923 ±1,834
Median household income$81,266 ±$8,911
Median home value$543,500
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS
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