SmartPrep
5175 Cold Spring Creamery Rd Suite 3, Doylestown, PA 18902
Doylestown, Pennsylvania, United States
Address
City: Doylestown
Neighborhood: Landisville
State: Pennsylvania
Postal Code: 18902
Country: United States
Business facts
Estimated annual revenue~$375.9K
Estimated employees~2
In business since2003
Estimate based on strong signals
Area statistics (18902)
Population22,621
Median household income$161,439
Source: US Census ACS
About
Smartprep is a leading test prep company offering specialized instruction for the SAT, ACT, HSPT, and SSAT. With small classes, individualized attention, and dynamic teachers, Smartprep stands out among prep companies. They focus on honing students' test-taking skills to approach standardized tests with confidence through guided practice and training, extensive drills, and building test endurance.
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Credit Cards
American Express, Check, Discover, Mastercard, Visa
ℹ️
Diversity Management
Woman Led
♿
Wheelchair Accessible
Parking, Restroom, Seating, Yes
Market analysis
Earning below its category median in a growing category (Tutoring Service).
EstimateCategory trend: 2024, +7.6%
Revenue trend (modeled)
~$267.5K2019
~$248.6K2020
~$304.2K2021
~$327.1K2022
~$332.6K2023
~$375.9K2024
Modeled from official industry statistics+7.0%/yr since 201980% confidence band: ±42%
Property
Lot size3.34 acres
Land use4114
CountyBucks
Parcel ownerCOLD SPRING L P
Assessed value$274.9K (land $62.8K)
On this lotshared with 18 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Tutoring Service in Pennsylvania | 688 | ~$522.0M | ~$758.8K | ~$581.6K | 5.0★ | 0.6× |
Category revenue trend2024: +7.6%2023: +10.1%2022: +15.2%2021: +14.1%Modeled from business-level estimates
Chain pressure39 chains expanding in this category, led by Mathnasium, Psecu, Kumon Math & Reading Center (+2,501 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) | 30 | ~$33.1M | ~$1.1M | ~$592.3K | 177 | ~$14.4M | 0.6× |
| Education | 3 | ~$5.3M | ~$1.8M | — | 19 | — | — |
1 km area (all businesses): median from the 21 of 30 businesses with estimates
Estimate
Area conditions (18902)
Population22,621 ±1,033
Median household income$161,439 ±$11,277
Median home value$615,800
Bachelor's degree or higher0.6%
Unemployment rate0.0%
Source: US Census ACS