Softfinity

7414 Haggerty Rd, West Bloomfield Township, MI 48322

West Bloomfield Township, Michigan, United States

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Business facts

Estimated annual revenue~$936.9K
Estimated employees~3
In business since1999
Estimate based on strong signals

Area statistics (48322)

Population33,174
Median household income$111,447
Source: US Census ACS

About

Softfinity is located in West Bloomfield Township, Michigan, and was founded in 1999. At this location, Softfinity employs approximately 25 people. This business is working in the following industry: Software Company. Annual sales for Softfinity are around $1.0M – $10.0M.

Wheelchair Accessible
Parking, Yes
Categories: Software Company.
ISIC Codes: 4741.

Market analysis

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

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$713.7K2019
~$758.3K2020
~$760.4K2021
~$842.6K2022
~$890.3K2023
~$936.9K2024
Modeled from category averages for the region+5.6%/yr since 201980% confidence band: ±68%

Property

Lot size17 acres
CountyOakland
Assessed value$6.2M
On this lotshared with 37 other businesses
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in Michigan2,373~$11.4B~$4.8M~$1.1M5.0★0.8×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure35 chains expanding in this category, led by metroPCS, At&t, Att (+1,206 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)212~$507.2M~$2.4M~$542.2K1,478~$108.3M1.7×
Wholesale and retail trade; repair of motor vehicles and motorcycles41~$357.1M~$8.7M346

1 km area (all businesses): median from the 180 of 212 businesses with estimates

Estimate

Area conditions (48322)

Population33,174 ±1,235
Median household income$111,447 ±$8,016
Median home value$356,400
Bachelor's degree or higher0.6%
Unemployment rate0.1%
Source: US Census ACS
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