solid-3 EnG LLC

5.0★★★★★(2 reviews)

35835 Stanley Dr, Sterling Heights, MI 48312

Sterling Heights, Michigan, United States

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Business facts

Estimated annual revenue~$1.9M
Estimated employees~13
Annual payroll (2020)~$604.9K
In business since2006
Based on reported payroll data

Contacts

Automotive

Industrial Automation

Area statistics (48312)

Population34,921
Median household income$70,549
Source: US Census ACS

About

solid-3 EnG LLC is located in Sterling Heights, Michigan, and was founded in 2006. At this location, solid-3 EnG LLC employs approximately 20 people. This business is working in the following industry: Business Center. Annual sales for solid-3 EnG LLC are around < $1.0M.

Wheelchair Accessible
Parking, Yes
Categories: Business Center.
ISIC Codes: 8211.

Market analysis

Earning above its category median in a growing category (Business Center).

EstimateCategory trend: 2024, +5.0%

Revenue trend (modeled)

~$1.4M2019
~$1.5M2020
~$1.6M2021
~$1.7M2022
~$1.9M2023
~$1.9M2024
Modeled from official industry statistics+6.4%/yr since 201980% confidence band: ±42%

Company profile

Incorporated2006 (MI)
Observed

Property

Lot size0.94 acres
ZoningM-2
CountyMacomb
Parcel ownerCEDAR OAK PROPERTIES, LLC
ObservedPublic assessor / cadastre record

Federal support (SBA)

EIDL advance grant (2020)$10.0K · 10 jobs reported
PPP loan (2020)$126.0K · 15 jobs reported · implies ~$604.9K annual payroll · $120.2K forgiven
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Business Center in Michigan857~$2.0B~$2.4M~$832.7K4.3★2.2×
Category revenue trend2024: +5.0%2023: +6.0%2022: +12.2%2021: +5.9%Modeled from business-level estimates
Chain pressure1 chains expanding in this category, led by Capital Centre (+7 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)65~$278.6M~$4.3M~$2.2M1,044~$121.5M0.9×
Administrative and support service activities2~$3.1M~$1.5M15

1 km area (all businesses): median from the 43 of 65 businesses with estimates

Estimate

Area conditions (48312)

Population34,921 ±1,376
Median household income$70,549 ±$3,595
Median home value$232,600
Bachelor's degree or higher0.3%
Unemployment rate0.1%
Source: US Census ACS
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