Alex Function Hall

1501 Bedford St, Abington, MA 02351

Abington, Massachusetts, United States

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Hours
12:00 PM – 12:00 AM
Every day12:00 PM – 12:00 AM
Address
City: Abington
State: Massachusetts
Postal Code: 02351
Country: United States
Social Media

Business facts

Estimated annual revenue~$470.9K
Estimated employees~12
Estimated wage bill~$323.4K
Estimate based on strong signals

Area statistics (02351)

Population17,003
Median household income$120,535
Source: US Census ACS

About

Alex Function Hall is located in Abington, Massachusetts. This business is working in the following industry: Event Venue.

💳
Credit Cards
Debit Card, Yes
ℹ️
Diversity Management
Black Owned, Woman Led
🚻
Restroom
Yes
Wheelchair Accessible
Parking, Restroom, Seating, Yes
Categories: Event Venue, Function Room Facility, Banquet Hall, Caterer, Haitian Restaurant, Restaurants and mobile food service activities.
ISIC Codes: 5610, 5621, 6810, 9609.

Market analysis

Earning around its category median in a growing category (Event Venue).

EstimateCategory trend: 2024, +7.1%

Revenue trend (modeled)

~$352.7K2019
~$302.9K2020
~$373.8K2021
~$423.9K2022
~$451.9K2023
~$470.9K2024
Modeled from official industry statistics+5.9%/yr since 201980% confidence band: ±42%

Property

Lot size2.98 acres
Land use3230
ZoningBD
CountyPlymouth
Parcel ownerAC ABINGTON PROPERTY LLC
Assessed value$3.8M (land $1.0M)
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Event Venue in Massachusetts1,093~$1.4B~$1.3M~$479.8K4.6★1.0×
Category revenue trend2024: +7.1%2023: +9.9%2022: +21.9%2021: +18.1%Modeled from business-level estimates
Chain pressure79 chains expanding in this category, led by Weight Watchers, Petco Grooming, Relaks. (+2,019 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)103~$395.4M~$3.8M~$606.6K593~$50.3M0.8×
Other service activities15~$4.4M~$292.8K44
Accommodation and food service activities13~$18.8M~$1.4M179

1 km area (all businesses): median from the 91 of 103 businesses with estimates

Estimate

Area conditions (02351)

Population17,003 ±46
Median household income$120,535 ±$9,127
Median home value$476,600
Bachelor's degree or higher0.4%
Unemployment rate0.0%
Source: US Census ACS
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