Quickly Fix
5115 Avenue U, Brooklyn, NY 11234
Brooklyn, New York, United States
Address
City: Brooklyn
Neighborhood: Mill Basin
State: New York
Postal Code: 11234
Country: United States
Business facts
Estimated annual revenue~$504.6K
Estimated employees~2
In business since2010
Based on reported payroll data
Contacts
Area statistics (11234)
Population89,976
Median household income$91,379
Source: US Census ACS
About
Formerly located inside Kings Plaza Shopping Mall for 15 years, this family-owned repair store now offers eyeglass prescriptions and engravings. With a focus on quick and efficient service, they specialize in repairing jewelry, watches, and eyeglasses. Customers can expect prompt and reliable repairs, with the convenience of while-you-wait service. For any inquiries or assistance, they can be reached by phone or text.
ℹ️
Diversity Management
Woman Led
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning around its category median in a growing category (Watch Repair Service).
EstimateCategory trend: 2024, +3.6%
Revenue trend (modeled)
~$343.5K2019
~$335.4K2020
~$409.5K2021
~$453.8K2022
~$479.5K2023
~$504.6K2024
Modeled from category averages for the region+8.0%/yr since 201980% confidence band: ±68%
Company profile
Legal formCorporation
Incorporated2010 (NY)
Observed
Property
Lot size8,308 sq ft
Land use05
CountyKings
Parcel owner2425 SUM ASSOCIATES LLC
On this lotshared with 19 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Watch Repair Service in New York | 615 | ~$633.6M | ~$1.1M | ~$538.1K | 4.7★ | 0.9× |
Category revenue trend2024: +3.6%2023: +6.4%2022: +11.3%2021: +14.4%Modeled from business-level estimates
Chain pressure6 chains expanding in this category, led by Alterations by David's Bridal Albany NY, Ecopac Equipment, Alterations at Nordstrom (+30 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) | 706 | ~$1.0B | ~$1.5M | ~$622.2K | 2,998 | ~$313.3M | 0.8× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 269 | ~$462.0M | ~$1.7M | — | 925 | — | — |
| Human health and social work activities | 146 | ~$361.3M | ~$2.5M | — | 1,012 | — | — |
| Other service activities | 44 | ~$24.8M | ~$564.0K | — | 110 | — | — |
| Arts, entertainment and recreation | 10 | ~$7.9M | ~$794.3K | — | 26 | — | — |
1 km area (all businesses): median from the 599 of 706 businesses with estimates
Estimate
Area conditions (11234)
Population89,976 ±2,620
Median household income$91,379 ±$2,339
Median home value$715,400
Bachelor's degree or higher0.4%
Unemployment rate0.1%
Source: US Census ACS