Address
City: Westford
Neighborhood: Ward Corner
State: Massachusetts
Postal Code: 01886
Country: United States
Business facts
Estimated annual revenue~$284.3K
Estimated employees~7
In business since2015
Estimate based on strong signals
Area statistics (01886)
Population24,524
Median household income$174,424
Source: US Census ACS
About
Stem & Bean is a popular café offering fresh pastries from Boston's North End and a variety of muffins from the Gingerbread Construction Company. Their full line of espresso drinks and coffee options are a favorite among patrons, and they also offer select Gluten Free options for those with dietary restrictions.
🚲
Bike Parking
No
💳
Credit Cards
American Express, Apple Pay, Cash, Mastercard, NFC, Visa, Yes
🍽️
Dining Options
No Delivery, Take-out, Walk-ins
🍷
Drinks
Yes
👥
Good For Groups
Yes
👶
Good For Kids
Yes
📖
Menus
Coffee, Dessert
🌿
Outdoor Seating
Yes
🅿️
Parking
Parking Lot, Private Lot, Yes
ℹ️
Popular With
Tourists
💰
Price
$
📶
Wi-Fi
Free
Market analysis
Earning below its category median in a growing category (Cafes).
EstimateCategory trend: 2024, +4.1%
Revenue trend (modeled)
~$227.2K2019
~$168.7K2020
~$213.3K2021
~$257.4K2022
~$279.8K2023
~$284.3K2024
Modeled from official industry statistics+4.6%/yr since 201980% confidence band: ±42%
Property
Lot size1.06 acres
Land use031
ZoningCH
CountyMiddlesex
Parcel ownerSPANOS MICHAEL J
Assessed value$844.8K (land $514.8K)
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Cafes in Massachusetts | 2,459 | ~$1.8B | ~$723.2K | ~$409.8K | 4.4★ | 0.7× |
Category revenue trend2024: +4.1%2023: +7.6%2022: +14.8%2021: +22.3%Modeled from business-level estimates
Chain pressure358 chains expanding in this category, led by Starbucks, Domino's Pizza, Wendy's (+3,758 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) | 269 | ~$775.2M | ~$2.9M | ~$1.3M | 2,417 | ~$302.7M | 0.2× |
| Accommodation and food service activities | 31 | ~$31.6M | ~$1.0M | — | 475 | — | — |
1 km area (all businesses): median from the 237 of 269 businesses with estimates
Estimate
Area conditions (01886)
Population24,524 ±27
Median household income$174,424 ±$8,220
Median home value$672,200
Bachelor's degree or higher0.7%
Unemployment rate0.0%
Source: US Census ACS