Tecface

1710 Douglas Dr N #209a, Golden Valley, MN 55422

Golden Valley, Minnesota, United States

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Address
City: Golden Valley
State: Minnesota
Postal Code: 55422
Country: United States
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Business facts

Estimated annual revenue~$1.4M
Estimated employees~4
Estimate based on moderate signals

Area statistics (55422)

Population28,373
Median household income$88,712
Source: US Census ACS

About

Tecface is located in Golden Valley, Minnesota. This business is working in the following industry: Software Company.

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

Market analysis

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

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$1.7M2019
~$1.0M2020
~$1.1M2021
~$1.2M2022
~$1.3M2023
~$1.4M2024
Modeled from category averages for the region-3.7%/yr since 201980% confidence band: ±68%

Property

Lot size4.17 acres
CountyHennepin
Parcel ownerFtk Properties Inc
Last sale$3.5M (1149120000000)
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in Minnesota1,521~$11.7B~$7.7M~$1.5M5.0★0.9×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure22 chains expanding in this category, led by Target Mobile, Metro by T-Mobile, T-Mobile (+836 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)132~$260.5M~$2.0M~$606.3K752~$68.5M2.3×
Wholesale and retail trade; repair of motor vehicles and motorcycles12~$45.0M~$3.7M67

1 km area (all businesses): median from the 109 of 132 businesses with estimates

Estimate

Area conditions (55422)

Population28,373 ±1,130
Median household income$88,712 ±$4,579
Median home value$293,800
Bachelor's degree or higher0.5%
Unemployment rate0.1%
Source: US Census ACS
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