Address
City: Miami
Neighborhood: Sweetwater
State: Florida
Postal Code: 33172
Country: United States
Business facts
Estimated annual revenue~$1.3M
Estimated employees~3
Annual payroll (2021)~$167.9K
In business since2021 (est.)
Based on reported payroll data
Area statistics (33172)
Population40,278
Median household income$59,228
Source: US Census ACS
About
Teisoft is located in Miami, Florida. This business is working in the following industry: Software Company.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a growing category (Software Company).
EstimateCategory trend: 2021, +8.7%
Revenue trend (modeled)
~$916.2K2019
~$967.3K2020
~$1.0M2021
~$1.1M2022
~$1.2M2023
~$1.3M2024
Modeled from category averages for the region+6.8%/yr since 201980% confidence band: ±68%
Property
Lot size3.02 acres
CountyMiami_dade
On this lotshared with 6 other businesses
ObservedPublic assessor / cadastre record
Federal support (SBA)
PPP loan (2020)$34.7K · 4 jobs reported · implies ~$166.7K annual payroll · $34.9K forgiven
Second PPP loan (2021)$35.0K · 3 jobs reported · $35.1K forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Software Company in Florida | 7,504 | ~$25.8B | ~$3.5M | ~$1.0M | 5.0★ | 1.3× |
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure80 chains expanding in this category, led by T-Mobile, Walmart Connection Center, Att (+4,166 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) | 390 | ~$353.5M | ~$906.5K | ~$455.3K | 1,394 | ~$107.1M | 2.8× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 61 | ~$130.2M | ~$2.1M | — | 228 | — | — |
1 km area (all businesses): median from the 319 of 390 businesses with estimates
Estimate
Area conditions (33172)
Population40,278 ±2,156
Median household income$59,228 ±$3,323
Median home value$235,800
Bachelor's degree or higher0.3%
Unemployment rate0.0%
Source: US Census ACS