Harborframes

5.0★★★★★(7 reviews)

56 Pleasant St, Newburyport, MA 01950

Newburyport, Massachusetts, United States

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Business facts

Estimated annual revenue~$313.5K
Estimated employees~2
In business since1984
Based on reported payroll data

Area statistics (01950)

Population18,356
Median household income$127,306
Source: US Census ACS

About

Harborframes is a full-service custom frame shop located in Newburyport, MA, specializing in personalized framing solutions. With a focus on distinctive shadow boxes, hand-lettered calligraphy, and commissioned artwork, Harborframes caters to clients looking to showcase their family treasures, special moments, and beloved possessions. Established in 1981, the shop is conveniently located at 56 Pleasant Street, just across from the Post Office.

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Credit Cards
American Express, Debit Card, Discover, Mastercard, NFC, Visa, Yes
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Dining Options
Delivery
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Parking
Street Parking, Parking Lot, Valet, Yes
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Price
$$
Wheelchair Accessible
Parking, Yes
Categories: Framing.
ISIC Codes: 4759.

Market analysis

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

EstimateCategory trend: 2021, +18.1%

Revenue trend (modeled)

~$221.0K2019
~$212.3K2020
~$254.4K2021
~$281.9K2022
~$297.9K2023
~$313.5K2024
Modeled from category averages for the region+7.2%/yr since 201980% confidence band: ±68%

Company profile

Incorporated1981 (MA)
Employees (reported band)8-17
Observed

Property

Lot size0.27 acres
Land use3220
ZoningB2
CountyEssex
Parcel ownerDGP REALTY LLC
Assessed value$1.3M (land $711.9K)
ObservedPublic assessor / cadastre record

Federal support (SBA)

EIDL advance grant (2020)$1.0K · 1 jobs reported
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Framing in Massachusetts443~$471.8M~$1.1M~$517.8K4.7★0.6×
Category revenue trend2021: +18.1%2020: -4.0%2019: +1.4%Modeled from business-level estimates
Chain pressure37 chains expanding in this category, led by Home Depot At-Home Services, Michaels Custom Framing, Walmart Garden Center (+486 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)918~$1.4B~$1.5M~$587.7K4,171~$392.5M0.5×
Wholesale and retail trade; repair of motor vehicles and motorcycles213~$405.7M~$1.9M741

1 km area (all businesses): median from the 783 of 918 businesses with estimates

Estimate

Area conditions (01950)

Population18,356 ±41
Median household income$127,306 ±$27,383
Median home value$737,200
Bachelor's degree or higher0.6%
Unemployment rate0.1%
Source: US Census ACS
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