Softechnologies
1504 W Northwest Blvd, Spokane, WA 99205
Spokane, Washington, Washington (state), United States
$$$$Software Company
Address
City: Spokane, Washington
Neighborhood: Emerson Garfield
State: Washington (state)
Postal Code: 99205
Country: United States
Business facts
Estimated annual revenue~$3.0M
Estimated employees~8
Estimated wage bill~$495.5K
In business since1998
Estimate based on strong signals
Contacts
Computer Software
Computer Software
Information Technology and Services
Computer Software
Area statistics (99205)
Population44,216
Median household income$69,055
Source: US Census ACS
About
Softechnologies is a leading technology company based in Spokane, WA, specializing in computer software and systems products, as well as professional engineering and research/development services. Established in 1996, the privately owned company is known for its innovative technology solutions and trusted leadership in the industry.
💰
Price
$$$$
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a growing category (Software Company).
EstimateCategory trend: 2021, +8.7%
Revenue trend (modeled)
~$1.7M2019
~$1.8M2020
~$2.5M2021
~$2.7M2022
~$2.9M2023
~$3.0M2024
Modeled from category averages for the region+12.9%/yr since 201980% confidence band: ±68%
Company profile
Legal formCorporation
Employees (reported band)11-12
Observed
Property
Lot size0.25 acres
Land use61
CountySpokane
On this lotshared with 1 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Software Company in Washington (state) | 2,822 | ~$21.7B | ~$7.7M | ~$2.3M | 5.0★ | 1.3× |
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure28 chains expanding in this category, led by Jio Wireless, Walmart Connection Center, At&t (+704 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) | 149 | ~$226.4M | ~$1.5M | ~$454.7K | 800 | ~$56.4M | 6.7× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 36 | ~$156.5M | ~$4.3M | — | 206 | — | — |
1 km area (all businesses): median from the 116 of 149 businesses with estimates
Estimate
Area conditions (99205)
Population44,216 ±1,901
Median household income$69,055 ±$3,647
Median home value$255,300
Bachelor's degree or higher0.3%
Unemployment rate0.1%
Source: US Census ACS