Gridics

5.0★★★★★(3 reviews)

169 E Flagler St #1640, Miami, FL 33131

Miami, Florida, United States

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Hours
9:00 AM – 5:00 PM
Every day9:00 AM – 5:00 PM
Address
City: Miami
Neighborhood: Downtown Miami
State: Florida
Postal Code: 33131
Country: United States

Business facts

Estimated annual revenue~$2.0M
Estimated employees~3
Annual payroll (2020)~$264.9K
In business since2015
Based on reported payroll data

Contacts

Area statistics (33131)

Population22,540
Median household income$121,730
Source: US Census ACS

About

Gridics is located in Miami, Florida, and was founded in 2015. This business is working in the following industry: Software Company.

💳
Credit Cards
Discover, Mastercard, Visa
Wheelchair Accessible
Parking, Yes
Categories: Software Company.
ISIC Codes: 4741.

Market analysis

Earning above its category median in a growing category (Software Company).

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$1.5M2019
~$1.5M2020
~$1.6M2021
~$1.8M2022
~$1.9M2023
~$2.0M2024
Modeled from category averages for the region+6.8%/yr since 201980% confidence band: ±68%

Property

Lot size1.13 acres
CountyMiami_dade
On this lotshared with 206 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$55.2K · 10 jobs reported · implies ~$264.9K annual payroll · $55.6K forgiven
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in Florida7,504~$25.8B~$3.5M~$1.0M5.0★2.0×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure80 chains expanding in this category, led by T-Mobile, Walmart Connection Center, Att (+4,166 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)4,629~$6.2B~$1.3M~$633.5K17,163~$1.7B3.2×
Wholesale and retail trade; repair of motor vehicles and motorcycles1,210~$2.5B~$2.1M3,641

1 km area (all businesses): median from the 3,914 of 4,629 businesses with estimates

Estimate

Area conditions (33131)

Population22,540 ±1,903
Median household income$121,730 ±$14,366
Median home value$599,100
Bachelor's degree or higher0.8%
Unemployment rate0.0%
Source: US Census ACS
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