Threads Plus
114 Back Forty Dr # B, Winston-Salem, NC 27127
Winston-Salem, North Carolina, United States
Address
City: Winston-Salem
Neighborhood: Rosemont
State: North Carolina
Postal Code: 27127
Country: United States
Business facts
Estimated annual revenue~$505.9K
Estimated employees~3
In business since1990
Estimate based on strong signals
Contacts
Owner
President
Area statistics (27127)
Population41,958
Median household income$60,235
Source: US Census ACS
About
Threads Plus is located in Winston-Salem, North Carolina, and was founded in 1990. At this location, Threads Plus employs approximately 3 people. This business is working in the following industry: Embroidery Shop. Annual sales for Threads Plus are around 500K – 1M.
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Credit Cards
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Parking
Parking Lot, Yes
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a growing category (Embroidery Shop).
EstimateCategory trend: 2021, +16.0%
Revenue trend (modeled)
~$368.4K2019
~$349.8K2020
~$410.6K2021
~$455.0K2022
~$480.7K2023
~$505.9K2024
Modeled from category averages for the region+6.6%/yr since 201980% confidence band: ±68%
Company profile
Incorporated1990 (NC)
Employees (reported band)8-17
Facility size~4,960 sq ft
Observed
Property
Lot size0.41 acres
CountyForsyth
Parcel ownerJohnson, Susan H;Peeden, James W Jr.
Land value$53.9K
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Embroidery Shop in North Carolina | 663 | ~$453.9M | ~$686.7K | ~$339.8K | 4.9★ | 1.5× |
Category revenue trend2021: +16.0%2020: +0.1%2019: -0.6%Modeled from business-level estimates
Chain pressure2 chains expanding in this category, led by Zettes Corner, Mc Lish Sportswear (+90 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) | 36 | ~$632.2M | ~$17.6M | ~$1.0M | 524 | ~$58.7M | 0.5× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 16 | ~$577.0M | ~$36.1M | — | 288 | — | — |
1 km area (all businesses): median from the 33 of 36 businesses with estimates
Estimate
Area conditions (27127)
Population41,958 ±3,047
Median household income$60,235 ±$4,955
Median home value$168,900
Bachelor's degree or higher0.3%
Unemployment rate0.0%
Source: US Census ACS