Asmussen Engineering

600 S Parrott Ave, Okeechobee, FL 34974

Okeechobee, Florida, United States

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About

Asmussen Engineering is located in Okeechobee, Florida, and was founded in 2004. At this location, Asmussen Engineering employs approximately 2 people. This business is working in the following industry: Engineer. Annual sales for Asmussen Engineering are around < $500.0K.

🅿️
Parking
Yes
Wheelchair Accessible
Parking, Yes
Categories: Engineer.
ISIC Codes: 7110.

Market analysis

Earning below its category median in a growing category (Engineer).

EstimateCategory trend: 2024, +7.0%

Revenue trend (modeled)

~$273.4K2019
~$294.0K2020
~$323.2K2021
~$358.6K2022
~$396.7K2023
~$431.8K2024
Modeled from official industry statistics+9.6%/yr since 201980% confidence band: ±51%

Company profile

Incorporated2005 (FL)
Employees (reported band)8
Observed

Property

Lot size0.41 acres
CountyOkeechobee
Parcel ownerHOOKER CHRISTINE P
Land value$198.0K
On this lotshared with 3 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$25.5K · 4 jobs reported · implies ~$122.4K annual payroll · $25.7K forgiven
Second PPP loan (2021)$23.5K · 4 jobs reported · $23.6K 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
Engineer in Florida1,512~$3.6B~$2.4M~$867.6K5.0★0.5×
Category revenue trend2024: +7.0%2023: +7.5%2022: +9.0%2021: +5.2%Modeled from business-level estimates
Chain pressure141 chains expanding in this category, led by Siemens, Kimley-Horn, Terracon (+446 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)407~$615.1M~$1.5M~$583.8K2,138~$149.2M0.7×
Professional, scientific and technical activities15~$14.9M~$994.1K54

1 km area (all businesses): median from the 350 of 407 businesses with estimates

Estimate

Area conditions (34974)

Population23,601 ±988
Median household income$48,462 ±$3,158
Median home value$150,000
Bachelor's degree or higher0.2%
Unemployment rate0.1%
Source: US Census ACS
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