Performance Electronics

80 Skyline Dr # 305, Plainview, NY 11803

Plainview, New York, United States

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Business facts

Estimated annual revenue~$1.7M
Estimated employees~3
Annual payroll (2021)~$209.8K
In business since1997
Based on reported payroll data

Contacts

Area statistics (11803)

Population30,298
Median household income$179,197
Source: US Census ACS

About

Performance Electronics is located in Plainview, New York, and was founded in 1997. At this location, Performance Electronics employs approximately 14 people. This business is working in the following industry: Electronics Store. Annual sales for Performance Electronics are around 1M – 5M.

Wheelchair Accessible
Parking, Yes
Categories: Electronics Store.
ISIC Codes: 4741.

Market analysis

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

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$1.3M2019
~$1.2M2020
~$1.3M2021
~$1.5M2022
~$1.6M2023
~$1.7M2024
Modeled from category averages for the region+5.3%/yr since 201980% confidence band: ±68%

Company profile

Legal formLimited liability company (LLC)
Incorporated1997 (NY)
Employees (reported band)8-17
Facility size~3,000 sq ft
Observed

Federal support (SBA)

PPP loan (2020)$48.2K · 3 jobs reported · implies ~$231.4K annual payroll · $48.5K forgiven
Second PPP loan (2021)$43.7K · 3 jobs reported · $44.1K 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
Electronics Store in New York4,198~$6.6B~$1.6M~$590.8K4.1★2.8×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure65 chains expanding in this category, led by Invalid, Info, Simple mobile (+1,711 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)139~$697.1M~$5.0M~$1.2M1,247~$151.8M1.3×
Wholesale and retail trade; repair of motor vehicles and motorcycles39~$408.6M~$10.5M270

1 km area (all businesses): median from the 109 of 139 businesses with estimates

Estimate

Area conditions (11803)

Population30,298 ±1,497
Median household income$179,197 ±$9,524
Median home value$690,900
Bachelor's degree or higher0.7%
Unemployment rate0.0%
Source: US Census ACS
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