Express Frames
170 South St, Morristown, NJ 07960
Morristown, New Jersey, United States
Address
City: Morristown
Neighborhood: Monroe
State: New Jersey
Postal Code: 07960
Country: United States
Business facts
Estimated annual revenue~$374.4K
Estimated employees~2
Annual payroll (2020)~$48.0K
In business since2005
Based on reported payroll data
Area statistics (07960)
Population46,560
Median household income$146,024
Source: US Census ACS
About
"Express Frames" offers expert picture framing, prompt professional service, and competitive pricing. They also provide free expert creative design, custom-made mirrors, and computerized mat cutting. No job is too small for them, whether it's a piece of glass or just a mat cut.
📅
Appointment Only
No
🚲
Bike Parking
Yes
💳
Credit Cards
Debit Card, NFC, Yes
🍽️
Dining Options
Delivery
🅿️
Parking
Street Parking, Valet, Yes
🐾
Pet-friendly
Yes
💰
Price
$$
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning below its category median in a growing category (Framing).
EstimateCategory trend: 2021, +18.1%
Revenue trend (modeled)
~$263.9K2019
~$253.5K2020
~$303.8K2021
~$336.7K2022
~$355.7K2023
~$374.4K2024
Modeled from category averages for the region+7.2%/yr since 201980% confidence band: ±68%
Company profile
Incorporated2005 (NJ)
Employees (reported band)8-17
Observed
Property
Lot size3.88 acres
Land use2
CountyMorris
Land value$476.2K
Last sale$1.0 (210802)
On this lotshared with 650 other businesses
ObservedPublic assessor / cadastre record
Federal support (SBA)
EIDL advance grant (2020)$2.0K · 2 jobs reported
PPP loan (2020)$10.0K · 2 jobs reported · implies ~$48.0K annual payroll · $10.1K forgiven
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Framing in New Jersey | 530 | ~$633.0M | ~$1.2M | ~$703.7K | 4.7★ | 0.5× |
Category revenue trend2021: +18.1%2020: -4.0%2019: +1.4%Modeled from business-level estimates
Chain pressure52 chains expanding in this category, led by Garden Center, Michaels Custom Framing, Raymour & Flanigan Furniture and Mattress Store (+498 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 630 | ~$791.3M | ~$1.3M | ~$617.2K | 3,011 | ~$278.6M | 0.6× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 41 | ~$78.7M | ~$1.9M | — | 147 | — | — |
1 km area (all businesses): median from the 535 of 630 businesses with estimates
Estimate
Area conditions (07960)
Population46,560 ±866
Median household income$146,024 ±$7,694
Median home value$678,700
Bachelor's degree or higher0.7%
Unemployment rate0.0%
Source: US Census ACS