Softech Systems

4.0★★★★☆(4 reviews)

4310 Garstview Cir, Cave Spring, VA 24018

Cave Spring, Virginia, United States

Edit

Business facts

Estimated annual revenue~$405.7K
Estimated employees~2
In business since1998
Estimate based on strong signals

Contacts

Area statistics (24018)

Population38,924
Median household income$91,769
Source: US Census ACS

About

Softech Systems, established in 1998, specializes in providing unique office software products. Their Check-In Check-Out "Anywhere" in out board allows employees to update their status using any browser or their cell phone. The company also offers DartGoal Education Tracker, VisiTracker, and Reserve-It programs, which are easy to install and use. Softech Systems prioritizes customer satisfaction, ensuring the fastest response times and immediate resolution of issues and concerns. They are known for their unique office software, including electronic in/out boards, room scheduling, and visitor tracking software.

💳
Credit Cards
American Express, Discover, Mastercard, PayPal, Visa
Wheelchair Accessible
Parking, Yes
Categories: Software Company, Business to Business Service, Computer Software Store.
ISIC Codes: 4741, 7020.

Market analysis

Earning below its category median in a growing category (Software Company).

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$298.6K2019
~$303.7K2020
~$329.3K2021
~$364.9K2022
~$385.6K2023
~$405.7K2024
Modeled from category averages for the region+6.3%/yr since 201980% confidence band: ±68%

Company profile

Incorporated2005 (VA)
Observed

Property

Lot size5,856 sq ft
CountyRoanoke
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in Virginia3,515~$28.3B~$8.1M~$1.7M5.0★0.2×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure46 chains expanding in this category, led by Phone Fix, Walmart Connection Center, Metro by T-Mobile (+1,563 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)53~$73.1M~$1.4M~$614.9K253~$20.4M0.7×
Wholesale and retail trade; repair of motor vehicles and motorcycles12~$34.6M~$2.9M54
Professional, scientific and technical activities5~$8.4M~$1.7M13

1 km area (all businesses): median from the 43 of 53 businesses with estimates

Estimate

Area conditions (24018)

Population38,924 ±1,549
Median household income$91,769 ±$4,144
Median home value$299,800
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS
Edit Business