Address
City: Salem
Neighborhood: Olmsted
State: Massachusetts
Postal Code: 01970
Country: United States
Business facts
Estimated annual revenue~$598.5K
Estimated employees~6
Annual payroll (2021)~$97.6K
In business since2021 (est.)
Based on reported payroll data
Area statistics (01970)
Population44,435
Median household income$79,267
Source: US Census ACS
About
Sweet Java is a specialty coffee shop offering a wide range of organic coffees, lattes, and nitro brew, as well as healthy smoothies, açaí bowls, and daily homemade muffins and sweets that are gluten free and vegan. The shop also provides vegan and dairy free options for ice cream and soft serve. Sweet Java prides itself on offering a variety of gluten free, vegan, and nut free items to cater to a diverse customer base.
🍴
Catering
Yes
💳
Credit Cards
Debit Card, NFC, Yes
🍽️
Dining Options
Delivery, Take-out, Table Service
👔
Dress Code
Casual
👶
Good For Kids
Yes
📖
Menus
Breakfast, Coffee, Dessert, Lunch
🌿
Outdoor Seating
Yes
ℹ️
Popular With
Tourists
💰
Price
$
📅
Reservations
Yes
🚻
Restroom
Yes
♿
Wheelchair Accessible
Parking, Yes
📶
Wi-Fi
Yes
Market analysis
Earning above its category median in a growing category (Cafes).
EstimateCategory trend: 2024, +4.1%
Revenue trend (modeled)
~$468.1K2019
~$380.9K2020
~$484.4K2021
~$554.1K2022
~$585.1K2023
~$598.5K2024
Modeled from official industry statistics+5.0%/yr since 201980% confidence band: ±42%
Property
Lot size0.42 acres
Land use326
ZoningB2
CountyEssex
Parcel owner2 PARADISE RD. LLC
Assessed value$1.6M (land $1.0M)
ObservedPublic assessor / cadastre record
Federal support (SBA)
PPP loan (2020)$28.3K · 8 jobs reported · implies ~$135.9K annual payroll · $28.6K forgiven
Second PPP loan (2021)$28.5K · 8 jobs reported · $28.8K forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Cafes in Massachusetts | 2,459 | ~$1.8B | ~$723.2K | ~$409.8K | 4.4★ | 1.5× |
Category revenue trend2024: +4.1%2023: +7.6%2022: +14.8%2021: +22.3%Modeled from business-level estimates
Chain pressure358 chains expanding in this category, led by Starbucks, Domino's Pizza, Wendy's (+3,758 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) | 231 | ~$350.9M | ~$1.5M | ~$655.4K | 1,396 | ~$119.0M | 0.9× |
| Accommodation and food service activities | 19 | ~$20.8M | ~$1.1M | — | 276 | — | — |
1 km area (all businesses): median from the 188 of 231 businesses with estimates
Estimate
Area conditions (01970)
Population44,435 ±144
Median household income$79,267 ±$5,477
Median home value$464,600
Bachelor's degree or higher0.5%
Unemployment rate0.1%
Source: US Census ACS