Hotsource

5.0★★★★★(3 reviews)

1018 W Grove Ave, Orange, CA 92865

Orange, California, United States

Edit

Business facts

Estimated annual revenue~$5.0M
Estimated employees~6
Annual payroll (2021)~$469.6K
In business since2005
Based on reported payroll data

Contacts

Chief Executive Officer

Registered Agent

Area statistics (92865)

Population21,140
Median household income$120,365
Source: US Census ACS

About

Hotsource, founded in 2008, specializes in providing industrial tools and safety supplies for contractors, with daily delivery available throughout southern California.

💰
Price
$
Wheelchair Accessible
Parking, Yes
Categories: Safety Equipment Supplier, Tool Repair Shop, Tool Store, Fire Protection Equipment Supplier.
ISIC Codes: 4659, 4752, 9522.

Market analysis

Earning above its category median in a growing category (Safety Equipment Supplier).

EstimateCategory trend: 2024, +5.1%

Revenue trend (modeled)

~$2.9M2019
~$2.8M2020
~$2.8M2021
~$3.1M2022
~$4.6M2023
~$5.0M2024
Modeled from official industry statistics+11.1%/yr since 201980% confidence band: ±42%

Company profile

Legal formCorporation
Employees (reported band)11-17
Observed

Property

Lot size0.38 acres
CountyOrange
ObservedPublic assessor / cadastre record

Federal support (SBA)

EIDL advance grant (2020)$7.0K · 7 jobs reported
PPP loan (2020)$101.9K · 7 jobs reported · implies ~$489.0K annual payroll · $103.1K forgiven
Second PPP loan (2021)$97.8K · 7 jobs reported · $99.0K 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
Safety Equipment Supplier in California3,153~$26.4B~$8.4M~$4.2M4.5★1.2×
Category revenue trend2024: +5.1%2023: +9.3%2022: +13.5%2021: +5.5%Modeled from business-level estimates
Chain pressure168 chains expanding in this category, led by Intoxalock Ignition Interlock, Smart Start, Low Cost Interlock (+3,964 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)362~$3.3B~$9.2M~$1.9M4,086~$483.2M2.5×
Wholesale and retail trade; repair of motor vehicles and motorcycles113~$2.2B~$19.8M1,163
Other service activities12~$39.3M~$3.3M96

1 km area (all businesses): median from the 294 of 362 businesses with estimates

Estimate

Area conditions (92865)

Population21,140 ±1,321
Median household income$120,365 ±$10,152
Median home value$786,900
Bachelor's degree or higher0.4%
Unemployment rate0.0%
Source: US Census ACS
Edit Business