Spec Machine

7175 Riles Rd, Middleton, WI 53562

Middleton, Wisconsin, United States

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About

Spec Machine, based in Middleton, WI, has been serving the local community with high-quality CNC machining services since 1998. The company is committed to setting and maintaining a higher industry standard by producing simple to complex parts of the utmost quality.

📅
Appointment Only
Yes
💳
Credit Cards
Apple Pay, Cash
🅿️
Parking
Yes
💰
Price
$$
Wheelchair Accessible
Parking, Yes
Categories: Machine Shop.
ISIC Codes: 2592.

Market analysis

Earning below its category median in a growing category (Machine Shop).

EstimateCategory trend: 2024, +2.6%

Revenue trend (modeled)

~$240.1K2019
~$224.7K2020
~$235.4K2021
~$262.0K2022
~$308.4K2023
~$292.6K2024
Modeled from official industry statistics+4.0%/yr since 201980% confidence band: ±42%

Company profile

Incorporated1997 (WI)
Employees (reported band)8-17
Observed

Property

Lot size39 acres
Land use4,5,7
CountyDane
Parcel ownerMALY JT REV TR, NORMAN L & LORRAINE A
Land value$89.0K
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$16.1K · 2 jobs reported · implies ~$77.3K annual payroll · $16.2K forgiven
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Machine Shop in Wisconsin1,143~$5.6B~$8.9M~$2.4M5.0★0.1×

Machine Shop in Wisconsin: revenue figures from the 627 of 1,143 businesses with estimates

Category revenue trend2024: +2.6%2023: +6.7%2022: +9.0%2021: +3.1%Modeled from business-level estimates
Chain pressure2 chains expanding in this category, led by Hy Pro Inc, Sussek Machine (+3 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)2~$2.9M~$1.4M4~$267.5K
Manufacturing1~$292.6K~$292.6K2
Estimate

Area conditions (53562)

Population29,161 ±713
Median household income$96,515 ±$6,242
Median home value$468,800
Bachelor's degree or higher0.7%
Unemployment rate0.0%
Source: US Census ACS
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