QuesTECH Learning

5.0★★★★★(2 reviews)

2401 Oliver Rd, Monroe, LA 71201

Monroe, Louisiana, United States

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Business facts

Estimated annual revenue~$2.5M
Estimated employees~9
Annual payroll (2020)~$599.5K
In business since2001
Based on reported payroll data

Contacts

Area statistics (71201)

Population20,817
Median household income$56,521
Source: US Census ACS

About

QuesTECH Learning is a non-profit organization providing custom-designed curricula and extensive educational therapy for transitional learners. With a focus on individual educational needs, the school offers small class sizes and personalized instruction to help students achieve academic success and develop a love for learning. Accredited by AdvancED and approved by the Louisiana Department of Education, QuesTECH Learning has a history of excellence and is recognized for its commitment to student development.

🅿️
Parking
Parking Lot
Wheelchair Accessible
Parking, Yes
Categories: Learning Center, Test preparation center, Distance Learning Center, Educational Consultant, Tutoring Service.
ISIC Codes: 8549, 8550.

Market analysis

Earning above its category median in a growing category (Learning Center).

EstimateCategory trend: 2024, +7.6%

Revenue trend (modeled)

~$2.1M2019
~$1.9M2020
~$2.2M2021
~$2.3M2022
~$2.4M2023
~$2.5M2024
Modeled from official industry statistics+3.4%/yr since 201980% confidence band: ±42%

Company profile

Incorporated2001 (LA)
Employees (reported band)8-17
Observed

Property

Lot size0.55 acres
CountyOuachita
On this lotshared with 1 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$124.9K · 16 jobs reported · implies ~$599.5K annual payroll · $125.8K forgiven
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Learning Center in Louisiana243~$160.9M~$662.1K~$325.0K4.7★7.6×
Category revenue trend2024: +7.6%2023: +10.1%2022: +15.2%2021: +14.1%Modeled from business-level estimates
Chain pressure12 chains expanding in this category, led by Mathnasium, Slidell Annex, LSU Pine Country (+59 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)105~$134.5M~$1.3M~$596.9K436~$32.4M4.1×
Education2~$2.6M~$1.3M10
Estimate

Area conditions (71201)

Population20,817 ±1,044
Median household income$56,521 ±$7,031
Median home value$261,300
Bachelor's degree or higher0.4%
Unemployment rate0.1%
Source: US Census ACS
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