Tech-Source

7751 Kingspointe Pkwy STE 123, Orlando, FL 32819

Orlando, Florida, United States

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Business facts

Estimated annual revenue~$755.9K
Estimated employees~4
Annual payroll (2021)~$98.9K
In business since2002
Based on reported payroll data

Area statistics (32819)

Population27,826
Median household income$86,306
Source: US Census ACS

About

Tech-Source is located in Orlando, Florida, and was founded in 2002. This business is working in the following industry: Software Company. Annual sales for Tech-Source are around < $500.0K.

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

Market analysis

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

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$564.1K2019
~$541.1K2020
~$613.5K2021
~$679.8K2022
~$718.3K2023
~$755.9K2024
Modeled from category averages for the region+6.0%/yr since 201980% confidence band: ±68%

Company profile

Incorporated2002 (NJ)
Employees (reported band)8-17
Observed

Property

Lot size1.38 acres
CountyOrange
Assessed value$315.4K
On this lotshared with 49 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$20.6K · 2 jobs reported · implies ~$98.9K annual payroll · $20.8K forgiven
Second PPP loan (2021)$20.6K · 2 jobs reported · $20.7K forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in Florida7,504~$25.8B~$3.5M~$1.0M5.0★0.7×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure80 chains expanding in this category, led by T-Mobile, Walmart Connection Center, Att (+4,166 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)218~$491.4M~$2.3M~$837.9K1,253~$119.6M0.9×
Wholesale and retail trade; repair of motor vehicles and motorcycles58~$255.2M~$4.4M278

1 km area (all businesses): median from the 180 of 218 businesses with estimates

Estimate

Area conditions (32819)

Population27,826 ±2,115
Median household income$86,306 ±$9,369
Median home value$421,300
Bachelor's degree or higher0.5%
Unemployment rate0.1%
Source: US Census ACS
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