StringWorks

5.0★★★★★(80 reviews)
Claimed

327 Franklin St

Geneva, Illinois, United States

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Business facts

Estimated annual revenue~$999.2K
Estimated employees~4
Annual payroll (2021)~$128.6K
In business since1997
Based on reported payroll data

Area statistics (60134)

Population30,938
Median household income$143,697
Source: US Census ACS

About

Serving string players worldwide since 1997, StringWorks takes pride in establishing relationships for a lifetime with all our string playing community. All our violins, violas, and cellos are handmade, fully carved, and guaranteed. We look forward to having the chance to help you find your next instrument...and the one after that!

🚲
Bike Parking
Yes
💳
Credit Cards
Yes, Cash, Apple Pay
🅿️
Parking
Yes, Parking Lot, Private Lot
🐾
Pet-friendly
Yes
💰
Price
$$
Wheelchair Accessible
Yes, Parking
Categories: Household Appliances, Musical instruments, Retail sale of audio and video equipment in specialized stores.
ISIC Codes: 4742, 4759.

Market analysis

Revenue trend (modeled)

~$693.4K2019
~$697.7K2020
~$810.9K2021
~$898.6K2022
~$949.4K2023
~$999.2K2024
Modeled from category averages for the region+7.6%/yr since 201980% confidence band: ±68%

Company profile

Incorporated1997 (WI)
Employees (reported band)8-17
Facility size~7,200 sq ft
Observed

Property

Land use0060
CountyKane
On this lotshared with 1 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

EIDL advance grant (2020)$6.0K · 6 jobs reported
EIDL disaster loan (2020)$80.1K
PPP loan (2020)$30.1K · 3 jobs reported · implies ~$144.7K annual payroll · $30.3K forgiven
Second PPP loan (2021)$26.8K · 6 jobs reported · $26.9K 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
Household Appliances in Illinois1,573~$5.4B~$3.4M~$831.9K4.3★1.2×
Chain pressure63 chains expanding in this category, led by Home Depot, Mattress, Michaels Custom Framing (+1,775 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)591~$601.7M~$1.0M~$554.2K2,910~$199.8M1.8×
Wholesale and retail trade; repair of motor vehicles and motorcycles150~$198.7M~$1.3M540

1 km area (all businesses): median from the 497 of 591 businesses with estimates

Estimate

Area conditions (60134)

Population30,938 ±861
Median household income$143,697 ±$12,644
Median home value$410,000
Bachelor's degree or higher0.6%
Unemployment rate0.0%
Source: US Census ACS
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