Address
City: Forest Lake
Neighborhood: Weston
State: Minnesota
Postal Code: 55025
Country: United States
Business facts
Estimated annual revenue~$722.8K
Estimated employees~2
In business since2014
Estimate based on strong signals
Contacts
Area statistics (55025)
Population25,732
Median household income$96,006
Source: US Census ACS
About
WavePro is located in Forest Lake, Minnesota, and was founded in 2014. At this location, WavePro employs approximately 20 people. This business is working in the following industry: Boat Dealer.
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Credit Cards
American Express, Check, Debit Card, Discover, Mastercard, Visa, Yes
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Dining Options
Delivery
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Wheelchair Accessible
Parking, Yes
Market analysis
Earning below its category median in a shrinking category (Boat Dealer).
EstimateCategory trend: 2024, -3.9%
Revenue trend (modeled)
~$500.8K2019
~$602.0K2020
~$903.0K2021
~$959.1K2022
~$926.3K2023
~$722.8K2024
Modeled from official industry statistics+7.6%/yr since 201980% confidence band: ±42%
Company profile
Incorporated2012 (MN)
Observed
Property
Lot size0.58 acres
CountyWashington
Parcel ownerFalck Lee S & Heidi J
Last sale$380.0K (997833600000)
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Boat Dealer in Minnesota | 259 | ~$903.4M | ~$3.5M | ~$1.6M | 4.5★ | 0.4× |
Category revenue trend2024: -3.9%2023: -4.0%2022: +7.4%2021: +23.2%Modeled from business-level estimates
Chain pressure18 chains expanding in this category, led by Shoe Sensation, Pure Hockey, Twin City Tennis Camps (+71 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) | 3 | ~$1.7M | ~$570.9K | — | 8 | ~$486.2K | — |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 1 | ~$1.2M | ~$1.2M | — | 2 | — | — |
Estimate
Area conditions (55025)
Population25,732 ±610
Median household income$96,006 ±$7,689
Median home value$365,100
Bachelor's degree or higher0.4%
Unemployment rate0.0%
Source: US Census ACS