Ackerman-Practicon

4.0★★★★☆(3 reviews)

801 E Charleston Rd, Palo Alto, CA 94303

Palo Alto, California, United States

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About

Ackerman-Practicon is a full-service consulting engineering firm headquartered in Palo Alto, California since 1957. The firm is committed to providing high quality MEP design services to a wide range of clients with a focus on energy efficiency and sustainability. Their services cover electrical, mechanical, and information technology engineering for public and private clients including laboratories, office buildings, fire stations, libraries, biotechnology and high-tech factories, schools, hospitals, clinics, and high-density data center spaces. Ackerman-Practicon is known for its alert management, creative solutions, and teamwork in maximizing every budget dollar for their clients.

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Price
$$
Wheelchair Accessible
Parking, Yes
Categories: Mechanical Engineer, Engineering Consultant, Electrical Engineer.
ISIC Codes: 7110.

Market analysis

Earning above its category median in a growing category (Mechanical Engineer).

EstimateCategory trend: 2024, +7.0%

Revenue trend (modeled)

~$1.7M2019
~$1.7M2020
~$1.9M2021
~$2.2M2022
~$2.2M2023
~$2.5M2024
Modeled from official industry statistics+8.2%/yr since 201980% confidence band: ±42%

Company profile

Legal formCorporation
Incorporated1973 (CA)
Employees (reported band)8-13
Facility size~8,700 sq ft
Observed

Property

Lot size0.25 acres
CountySanta_clara
On this lotshared with 2 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$158.5K · 8 jobs reported · implies ~$760.7K annual payroll · $160.6K forgiven
Second PPP loan (2021)$142.9K · 7 jobs reported · $144.7K 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
Mechanical Engineer in California604~$3.2B~$5.4M~$1.7M5.0★1.5×
Category revenue trend2024: +7.0%2023: +7.5%2022: +9.0%2021: +5.2%Modeled from business-level estimates
Chain pressure223 chains expanding in this category, led by Rjs Architects, Siemens, BrightView Landscape (+569 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)421~$1.7B~$3.9M~$1.3M3,490~$479.5M2.0×
Professional, scientific and technical activities72~$391.3M~$5.4M760

1 km area (all businesses): median from the 356 of 421 businesses with estimates

Estimate

Area conditions (94303)

Population47,989 ±990
Median household income$144,259 ±$22,010
Median home value$1,670,900
Bachelor's degree or higher0.5%
Unemployment rate0.1%
Source: US Census ACS
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