Syncbak, Inc.

5.0★★★★★(4 reviews)

1715 1st Avenue Southeast

Cedar Rapids, Iowa, United States

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Hours
Closed on Sunday
Weekdays8:00 AM – 5:00 PM
WeekendsClosed
Address
City: Cedar Rapids
Neighborhood: Mound View
State: Iowa
Postal Code: 52402
Country: United States

Business facts

Estimated annual revenue~$57.0M
Estimated employees~98
Estimated wage bill~$4.0M
In business since2009
Estimate based on strong signals

Area statistics (52402)

Population42,648
Median household income$71,048
Source: US Census ACS

About

Syncbak, Inc. is located in Cedar Rapids, Iowa, and was founded in 2009. This business is working in the following industry: Television Station. Annual sales for Syncbak, Inc. are around 500K – 1M.

Categories: Television Station.
ISIC Codes: 6020.

Market analysis

Earning above its category median in a growing category (Television Station).

EstimateCategory trend: 2024, +9.4%

Revenue trend (modeled)

~$49.6M2019
~$47.9M2020
~$48.8M2021
~$49.8M2022
~$51.9M2023
~$57.0M2024
Modeled from category averages for the region+2.8%/yr since 201980% confidence band: ±59%

Company profile

Incorporated2010 (DE)
Observed

Property

Lot size4.16 acres
CountyLinn
On this lotshared with 3 other businesses
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Television Station in Iowa52~$797.6M~$15.3M~$3.4M4.4★17×
Category revenue trend2024: +9.4%2023: +4.1%2022: +2.2%2021: +1.5%Modeled from business-level estimates
Chain pressure2 chains expanding in this category, led by Centurylink, Coloff Media Mason City (+29 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)76~$198.3M~$2.6M~$515.3K588~$46.7M111×
Information and communication1~$94.6M~$94.6M98

1 km area (all businesses): median from the 65 of 76 businesses with estimates

Estimate

Area conditions (52402)

Population42,648 ±1,560
Median household income$71,048 ±$3,426
Median home value$175,100
Bachelor's degree or higher0.4%
Unemployment rate0.0%
Source: US Census ACS
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