MathKoach
1420 W Exchange Pkwy #120, Allen, TX 75013
Allen, Texas, United States
Address
City: Allen
Neighborhood: Cross Creek 4
State: Texas
Postal Code: 75013
Country: United States
Business facts
Estimated annual revenue~$117.1K
Estimated employees~3
In business since2010
Estimate based on strong signals
Area statistics (75013)
Population46,649
Median household income$149,549
Source: US Census ACS
About
Mind Math, a program focused on teaching mental math skills, was first introduced in the US in 2006 after originating in Malaysia in 1993. It has since expanded to over 14 countries. ABACUS Learning of Higher Arithmetic is a rapidly growing after-school learning network in the USA, with a primary focus on math, reading, and writing.
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Parking
Street Parking, Parking Lot, Yes
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Wheelchair Accessible
Parking, Yes
Market analysis
Earning below its category median in a growing category (Tutoring Service).
EstimateCategory trend: 2024, +7.6%
Revenue trend (modeled)
~$81.3K2019
~$79.9K2020
~$87.8K2021
~$80.5K2022
~$84.4K2023
~$117.1K2024
Modeled from official industry statistics+7.6%/yr since 201980% confidence band: ±42%
Property
Lot size1,603 sq ft
CountyCollin
Parcel ownerSHYAM FAMILY CORPORATION
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Tutoring Service in Texas | 2,529 | ~$829.4M | ~$328.2K | ~$226.3K | 5.0★ | 0.5× |
Category revenue trend2024: +7.6%2023: +10.1%2022: +15.2%2021: +14.1%Modeled from business-level estimates
Chain pressure148 chains expanding in this category, led by Mathnasium, Sylvan Learning Center, Kumon (+1,501 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) | 33 | ~$47.7M | ~$1.4M | ~$503.6K | 140 | ~$11.5M | 0.2× |
| Human health and social work activities | 7 | ~$6.4M | ~$919.8K | — | 26 | — | — |
| Education | 4 | ~$3.7M | ~$925.3K | — | 51 | — | — |
1 km area (all businesses): median from the 27 of 33 businesses with estimates
Estimate
Area conditions (75013)
Population46,649 ±2,009
Median household income$149,549 ±$13,737
Median home value$487,700
Bachelor's degree or higher0.6%
Unemployment rate0.0%
Source: US Census ACS