iBrightCS

656 4th St NW, Grand Rapids, MI 49504

Grand Rapids, Michigan, United States

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Address
City: Grand Rapids
State: Michigan
Postal Code: 49504
Country: United States
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Business facts

Estimated annual revenue~$340.3K
Estimated employees~2
Estimate based on moderate signals

Area statistics (49504)

Population40,686
Median household income$64,317
Source: US Census ACS

About

iBrightCS is located in Grand Rapids, Michigan. This business is working in the following industry: Electronics Store.

🍽️
Dining Options
Delivery
Categories: Electronics Store.
ISIC Codes: 4741.

Market analysis

Earning below its category median in a growing category (Electronics Store).

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$270.8K2019
~$266.1K2020
~$276.2K2021
~$306.1K2022
~$323.4K2023
~$340.3K2024
Modeled from category averages for the region+4.7%/yr since 201980% confidence band: ±68%

Property

Lot size0.22 acres
Land use407
CountyKent
Parcel ownerMARTINEZ MARKIA MONET
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Electronics Store in Michigan1,883~$4.1B~$2.2M~$714.2K4.2★0.5×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure35 chains expanding in this category, led by metroPCS, At&t, Att (+1,206 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)239~$1.0B~$4.2M~$907.3K2,603~$284.7M0.4×
Wholesale and retail trade; repair of motor vehicles and motorcycles29~$438.9M~$15.1M438

1 km area (all businesses): median from the 202 of 239 businesses with estimates

Estimate

Area conditions (49504)

Population40,686 ±1,808
Median household income$64,317 ±$4,796
Median home value$203,200
Bachelor's degree or higher0.4%
Unemployment rate0.1%
Source: US Census ACS
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