Stack IT Solutions

5.0★★★★★(6 reviews)

312 Park Ave, Gaithersburg, MD 20877

Gaithersburg, Maryland, United States

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Address
City: Gaithersburg
Neighborhood: Observatory Heights
State: Maryland
Postal Code: 20877
Country: United States
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Business facts

Estimated annual revenue~$1.9M
Estimated employees~4
Annual payroll (2021)~$265.0K
In business since2018 (est.)
Based on reported payroll data

Area statistics (20877)

Population38,524
Median household income$86,134
Source: US Census ACS

About

Stack IT Solutions is located in Gaithersburg, Maryland. This business is working in the following industry: Software Company.

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

Market analysis

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

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$1.5M2019
~$1.4M2020
~$1.5M2021
~$1.7M2022
~$1.8M2023
~$1.9M2024
Modeled from category averages for the region+4.5%/yr since 201980% confidence band: ±68%

Property

Lot size0.40 acres
CountyMontgomery
On this lotshared with 84 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2021)$55.2K · 4 jobs reported · implies ~$265.0K annual payroll · $55.4K forgiven
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in Maryland1,911~$12.6B~$6.6M~$1.3M5.0★1.5×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure30 chains expanding in this category, led by Boost, Metro Pcs, Metro P (+605 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)184~$232.2M~$1.3M~$607.9K1,184~$84.7M3.1×
Wholesale and retail trade; repair of motor vehicles and motorcycles38~$58.9M~$1.5M195

1 km area (all businesses): median from the 145 of 184 businesses with estimates

Estimate

Area conditions (20877)

Population38,524 ±1,975
Median household income$86,134 ±$8,651
Median home value$442,300
Bachelor's degree or higher0.4%
Unemployment rate0.1%
Source: US Census ACS
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