Synchronizing Systems
741 NW 54th St 2nd floor, Miami, FL 33127
Miami, Florida, United States
Address
City: Miami
Neighborhood: Model City
State: Florida
Postal Code: 33127
Country: United States
Business facts
Estimated annual revenue~$505.5K
Estimated employees~2
In business since2022 (est.)
Based on reported payroll data
Area statistics (33127)
Population28,306
Median household income$39,690
Source: US Census ACS
About
Synchronizing Systems is a leading provider of high tech window and lighting fixtures in Miami, FL. With over 15 years of experience, the company offers a range of products and services for residential and commercial clients, including architectural lighting, audio visual systems, and automated systems. Their expertise allows for easy integration and management through a simple app or stand-alone systems.
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Credit Cards
Debit Card, Yes
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning below its category median in a growing category (Lighting stores).
EstimateCategory trend: 2021, +18.1%
Revenue trend (modeled)
~$356.3K2019
~$342.4K2020
~$410.3K2021
~$454.6K2022
~$480.4K2023
~$505.5K2024
Modeled from category averages for the region+7.2%/yr since 201980% confidence band: ±68%
Property
Lot size5,338 sq ft
CountyMiami_dade
On this lotshared with 2 other businesses
ObservedPublic assessor / cadastre record
Federal support (SBA)
EIDL advance grant (2020)$1.0K · 1 jobs reported
EIDL disaster loan (2020)$70.1K
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Lighting stores in Florida | 1,724 | ~$5.5B | ~$3.2M | ~$1.0M | 4.5★ | 0.5× |
Category revenue trend2021: +18.1%2020: -4.0%2019: +1.4%Modeled from business-level estimates
Chain pressure146 chains expanding in this category, led by Home Depot, 67 Home Furnishings, Data (+4,052 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) | 485 | ~$630.7M | ~$1.3M | ~$520.6K | 2,010 | ~$161.9M | 1.0× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 125 | ~$293.6M | ~$2.3M | — | 460 | — | — |
1 km area (all businesses): median from the 428 of 485 businesses with estimates
Estimate
Area conditions (33127)
Population28,306 ±2,341
Median household income$39,690 ±$5,786
Median home value$346,000
Bachelor's degree or higher0.1%
Unemployment rate0.1%
Source: US Census ACS