Summary

Summit Laundry Equipment

Founded in 2007

Description

Summit Laundry Equipment is a leading commercial laundry equipment distributor in the NY Tri State area. They provide full service support, selection from top brands, and design services. Their laundry solutions include commercial washers, dryers, stac...

Strengths

  • Summit Laundry Equipment has a strong market share in their industry
  • Demonstrating revenue growth that is faster than the industry average
  • The number of employees is growing faster than the industry average
  • Revenue growth is more steady than the industry average
  • Since Summit Laundry Equipment was founded, the company has grown faster than the industry average

Weaknesses

  • Revenue generated per employee is less than the industry average

Annual Revenue

Summit Laundry Equipment's annual revenue

$2641000

Based on Kona Equity data

  • Revenue per employee

    $165063

  • Variance of revenue growth

    0.19

  • Annual revenue growth since founding

    $372466

  • Revenue growth rate from first known quarter to current

    16.4%

Employee Count

16 employees

  • Employee growth rate from first known quarter to current

    20.8%

G Score - 5

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G1 Revenue is greater than the industry median.
  • G3 Revenue growth rate from the first known quarter to current is higher than the industry average.
  • G4 Employee growth rate from the first known quarter to current is higher than the industry average.
  • G5 Variance of revenue growth is less than the industry average
  • G6 Annual revenue growth since founding is higher than the industry average.

Location

120 Spagnoli Rd., #1B 1b
Melville, NY  11747

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Key Information

  • SIC: 5112; 511
  • NAICS: 453; 45321
Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with Summit Laundry Equipment.

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Frequently Asked Questions

Where is Summit Laundry Equipment located?

Summit Laundry Equipment's headquarters are located at 120 Spagnoli Rd., #1B 1b Melville, NY  11747.


What is Summit Laundry Equipment's official website?

Summit Laundry Equipment's official website is summitlaundry.com


What is Summit Laundry Equipment's revenue?

Summit Laundry Equipment's annual revenue is $2.6 M.


What is Summit Laundry Equipment's SIC code?

Summit Laundry Equipment's SIC: 5112; 511


What is Summit Laundry Equipment's NAICS code?

Summit Laundry Equipment's NAICS: 453; 45321.


How many employees does Summit Laundry Equipment's have?

Summit Laundry Equipment has 16 employees


What industry does Summit Laundry Equipment belong to?

Summit Laundry Equipment is in the industry of Retail.

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