the Elevated Table

9643 240th Ave NW, Elk River, MN 55330

Elk River, Minnesota, United States

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Hours
9:00 AM – 5:00 PM
Monday - Saturday9:00 AM – 5:00 PM
SundayClosed
Address
City: Elk River
State: Minnesota
Postal Code: 55330
Country: United States
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Business facts

Estimated annual revenue~$172.7K
Estimated employees~2
Estimate based on strong signals

Area statistics (55330)

Population44,149
Median household income$108,077
Source: US Census ACS

About

the Elevated Table is located in Elk River, Minnesota. This business is working in the following industry: Caterer.

Wheelchair Accessible
Parking
Categories: Caterer.
ISIC Codes: 5621.

Market analysis

Earning below its category median in a growing category (Caterer).

EstimateCategory trend: 2024, +9.8%

Revenue trend (modeled)

~$110.4K2019
~$74.7K2020
~$90.1K2021
~$130.7K2022
~$148.5K2023
~$172.7K2024
Modeled from official industry statistics+9.3%/yr since 201980% confidence band: ±42%

Property

Lot size2.63 acres
CountySherburne
Parcel ownerMattson, William M & Amy M
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Caterer in Minnesota2,096~$2.2B~$1.0M~$407.7K4.0★0.4×
Category revenue trend2024: +9.8%2023: +12.7%2022: +27.4%2021: +17.4%Modeled from business-level estimates
Chain pressure3 chains expanding in this category, led by Hy-Vee Catering, Isabellas, Eggroll Queen (+142 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)4~$6.5M~$1.6M10~$833.9K
Accommodation and food service activities1~$286.2K~$286.2K2
Estimate

Area conditions (55330)

Population44,149 ±1,533
Median household income$108,077 ±$5,298
Median home value$329,900
Bachelor's degree or higher0.3%
Unemployment rate0.0%
Source: US Census ACS
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