Address
City: Kansas City
Neighborhood: Downtown Kansas City
State: Missouri
Postal Code: 64105
Country: United States
Business facts
Estimated annual revenue~$18.3M
Estimated employees~6
Annual payroll (2020)~$2.5M
In business since2011
Based on reported payroll data
Contacts
Principal
Area statistics (64105)
Population5,548
Median household income$62,935
Source: US Census ACS
About
OpenMethods is located in Kansas City, Missouri, and was founded in 2011. At this location, OpenMethods employs approximately 10 people. This business is working in the following industry: Software Company. Annual sales for OpenMethods are around < $5.0M.
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Price
$
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Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a growing category (Software Company).
EstimateCategory trend: 2021, +8.7%
Revenue trend (modeled)
~$13.0M2019
~$13.0M2020
~$14.9M2021
~$16.5M2022
~$17.4M2023
~$18.3M2024
Modeled from category averages for the region+7.1%/yr since 201980% confidence band: ±68%
Property
Lot size1.55 acres
CountyJackson
On this lotshared with 149 other businesses
ObservedPublic assessor / cadastre record
Federal support (SBA)
PPP loan (2020)$519.0K · 21 jobs reported · implies ~$2.5M annual payroll · $524.7K forgiven
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Software Company in Missouri | 1,060 | ~$5.6B | ~$5.3M | ~$1.2M | 5.0★ | 15× |
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure30 chains expanding in this category, led by Walmart Connection Center, Metro by T-Mobile, T-Mobile (+1,474 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) | 1,460 | ~$2.8B | ~$1.9M | ~$731.1K | 8,889 | ~$991.3M | 25× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 157 | ~$483.6M | ~$3.1M | — | 698 | — | — |
1 km area (all businesses): median from the 1,156 of 1,460 businesses with estimates
Estimate
Area conditions (64105)
Population5,548 ±550
Median household income$62,935 ±$3,373
Median home value$224,400
Bachelor's degree or higher0.7%
Unemployment rate0.0%
Source: US Census ACS