Devo Engineering

5.0★★★★★(1 review)

5500 Alhambra Dr #7004, Orlando, FL 32808

Orlando, Florida, United States

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Business facts

Estimated annual revenue~$1.7M
Estimated employees~11
Annual payroll (2021)~$490.9K
In business since1991
Based on reported payroll data

Area statistics (32808)

Population62,827
Median household income$43,726
Source: US Census ACS

About

Devo Engineering is located in Orlando, Florida, and was founded in 1991. This business is working in the following industry: Engineer. Annual sales for Devo Engineering are around $1.6M.

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

Market analysis

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

EstimateCategory trend: 2024, +7.0%

Revenue trend (modeled)

~$1.1M2019
~$1.2M2020
~$1.3M2021
~$1.5M2022
~$1.6M2023
~$1.7M2024
Modeled from official industry statistics+10.1%/yr since 201980% confidence band: ±42%

Company profile

Employees (reported band)8-9
Facility size~2,121 sq ft
Observed

Property

Lot size0.21 acres
ZoningORG-P-O
CountyOrange
Assessed value$217.5K (land $9.0)
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$102.3K · 11 jobs reported · implies ~$490.9K annual payroll · $103.8K forgiven
Second PPP loan (2021)$102.3K · 11 jobs reported · $103.7K 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
Engineer in Florida1,512~$3.6B~$2.4M~$867.6K5.0★2.0×
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)70~$86.0M~$1.2M~$606.0K378~$29.3M2.9×
Professional, scientific and technical activities1~$1.7M~$1.7M11

1 km area (all businesses): median from the 61 of 70 businesses with estimates

Estimate

Area conditions (32808)

Population62,827 ±3,839
Median household income$43,726 ±$2,276
Median home value$193,300
Bachelor's degree or higher0.1%
Unemployment rate0.1%
Source: US Census ACS
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