AltTechGroup

5.0★★★★★(1 review)

220 Forbes Rd, Braintree, MA 02184

Braintree, Massachusetts, United States

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Business facts

Estimated annual revenue~$4.1M
Estimated employees~11
Annual payroll (2021)~$978.6K
In business since2009
Based on reported payroll data

Contacts

Registered Agent

Area statistics (02184)

Population38,748
Median household income$120,593
Source: US Census ACS

About

AltTechGroup is located in Braintree, Massachusetts, and was founded in 2009. This business is working in the following industry: Computer Service. Annual sales for AltTechGroup are around $742.7K.

Wheelchair Accessible
Parking
Categories: Computer Service.
ISIC Codes: 6209.

Market analysis

Earning above its category median in a growing category (Computer Service).

EstimateCategory trend: 2024, +6.7%

Revenue trend (modeled)

~$3.5M2019
~$3.4M2020
~$3.8M2021
~$4.0M2022
~$4.0M2023
~$4.1M2024
Modeled from official industry statistics+3.5%/yr since 201980% confidence band: ±42%

Company profile

Incorporated2009
Employees (reported band)10-17
Observed

Property

Lot size8.26 acres
Land use340
ZoningHBD
CountyNorfolk
Parcel ownerSTJ FORBES EQUITY PARTNERS LLC
Assessed value$11.4M (land $5.0M)
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$213.0K · 16 jobs reported · implies ~$1.0M annual payroll · $214.7K forgiven
Second PPP loan (2021)$203.9K · 14 jobs reported · $205.2K 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
Computer Service in Massachusetts520~$899.0M~$4.0M~$992.8K4.9★4.1×

Computer Service in Massachusetts: revenue figures from the 223 of 520 businesses with estimates

Category revenue trend2024: +6.7%2023: +4.4%2022: +5.4%2021: +14.2%Modeled from business-level estimates
Chain pressure7 chains expanding in this category, led by Walmart Tech Services, SALVAGEDATA Recovery Services, Teamlogic IT (+330 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)168~$1.1B~$6.5M~$1.7M2,273~$267.9M2.5×
Information and communication3~$4.1M~$1.4M26

1 km area (all businesses): median from the 143 of 168 businesses with estimates

Estimate

Area conditions (02184)

Population38,748 ±30
Median household income$120,593 ±$8,025
Median home value$596,800
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS
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