Patrick's Electronics

3.9★★★★☆(7 reviews)

813 E Methvin St, Longview, TX 75601

Longview, Texas, United States

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About

Patrick's Electronics offers sales and repair services for a wide range of electronic equipment, including amps, cellphones, industrial components, juke boxes, cb radios, and OEM car stereos. With over 45 years of experience, Patrick specializes in repairing stereos, phonographs, amplifiers, industrial pc boards, and various other electronic devices. With a strong background in the electronics industry and a college degree in business, Patrick's Electronics is a trusted and reliable choice for all electronic repair needs.

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Credit Cards
Cash, Mastercard, Visa, Yes
🅿️
Parking
Yes
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Price
$
Wheelchair Accessible
Parking, Yes
Categories: Electronics Store, Stereo Repair Service, Electronics Repair Shop, Home Audio Store, Electronic Parts Supplier.
ISIC Codes: 4651, 4741, 4742, 9521.

Market analysis

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

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$306.2K2019
~$294.8K2020
~$359.8K2021
~$398.7K2022
~$421.2K2023
~$443.3K2024
Modeled from category averages for the region+7.7%/yr since 201980% confidence band: ±68%

Company profile

Incorporated1975 (TX)
Employees (reported band)8-17
Observed

Property

Lot size4,170 sq ft
CountyGregg
Parcel ownerBOSS BROTHERS LLC
ObservedPublic assessor / cadastre record

Federal support (SBA)

EIDL advance grant (2020)$2.0K · 2 jobs reported
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Electronics Store in Texas6,190~$8.0B~$1.5M~$783.1K4.2★0.6×

Electronics Store in Texas: revenue figures from the 5,489 of 6,190 businesses with estimates

Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure90 chains expanding in this category, led by T-Mobile, At&t, Connection Center (+6,399 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)207~$372.2M~$1.8M~$752.4K1,122~$104.4M0.6×
Wholesale and retail trade; repair of motor vehicles and motorcycles36~$49.5M~$1.4M120
Other service activities20~$17.4M~$872.3K72

1 km area (all businesses): median from the 178 of 207 businesses with estimates

Estimate

Area conditions (75601)

Population15,470 ±1,272
Median household income$60,634 ±$5,326
Median home value$177,800
Bachelor's degree or higher0.3%
Unemployment rate0.0%
Source: US Census ACS
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