Address
City: Saugus
State: Massachusetts
Postal Code: 01906
Country: United States
Business facts
Estimated annual revenue~$1.4M
Estimated employees~5
Estimated wage bill~$194.9K
Estimate based on strong signals
Area statistics (01906)
Population28,566
Median household income$96,064
Source: US Census ACS
About
Tapiocatea is located in Saugus, Massachusetts. This business is working in the following industry: Bubble Tea.
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Credit Cards
Debit Card, NFC, Yes
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Dining Options
Delivery, Take-out
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LGBTQ Friendly
Yes
Market analysis
Earning above its category median in a stable category (Bubble Tea).
EstimateCategory trend: 2024, +0.1%
Revenue trend (modeled)
~$1.2M2019
~$1.4M2020
~$1.4M2021
~$1.3M2022
~$1.4M2023
~$1.4M2024
Modeled from official industry statistics+2.3%/yr since 201980% confidence band: ±42%
Property
Lot size1.28 acres
Land use323
CountyEssex
Parcel owner28-40 HAMILTON STREET LLC
Assessed value$1.9M (land $707.5K)
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Bubble Tea in Massachusetts | 283 | ~$195.9M | ~$692.1K | ~$532.9K | 4.4★ | 2.6× |
Category revenue trend2024: +0.1%2023: +3.3%2022: +8.5%2021: +10.6%Modeled from business-level estimates
Chain pressure34 chains expanding in this category, led by Gong Cha, Liquor Mart, Liquors 44 (+489 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) | 92 | ~$183.0M | ~$2.0M | ~$496.6K | 345 | ~$33.5M | 2.8× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 16 | ~$92.2M | ~$5.8M | — | 57 | — | — |
1 km area (all businesses): median from the 76 of 92 businesses with estimates
Estimate
Area conditions (01906)
Population28,566 ±31
Median household income$96,064 ±$4,509
Median home value$543,300
Bachelor's degree or higher0.3%
Unemployment rate0.0%
Source: US Census ACS