Oct 27, 2023 | Business Appraiser, Business Valuation, Equipment Appraisal, machinery and equipment appraisal
Businesses often rely on machinery and equipment for their day-to-day operations. Whether it’s construction companies with heavy equipment or restaurants with kitchen appliances, the value of these assets plays a pivotal role. An accurate assessment of your...
Jul 2, 2023 | Business Appraiser, Business Valuation, Painting
The paint wholesale industry has faced adverse conditions due to various factors. This includes poor economic conditions, extreme external competition, and volatile crude oil prices. Moving forward, IBIS World predicts the industry to improve as the economy recovers....
Jun 26, 2023 | Auto Detailing, Business Appraiser, Business Valuation
Auto detailing is a sub-sector of the multi-billion dollar car wash industry. This sub-sector has performed very well in recent years. In the coming years, we can expect the auto detailing segment to generate over 16 percent of the car wash industry’s revenue....
Jun 20, 2023 | Business Appraiser, Business Valuation, Car Wash
In recent years, the car wash industry has flourished due to technological advancements and low gas prices. Although COVID had a damaging effect on the industry’s progress, we can expect steady growth in the years to come. According to IBIS World, the U.S. has a...
Jun 18, 2023 | Business Appraiser, Business Valuation, Hotel or Motel, Value Drivers
Despite the negative effects of COVID, the hotel and motel industry has experienced healthy revenue growth in recent years. Moving forward, this industry may benefit from increasing travel rates and consumer spending. As such, demand for the hotel and motel industry...
Jun 10, 2023 | Automobile Towing, Business Appraiser, Business Valuation
There are over 10,000 towing companies in the United States. According to IBIS World, less than 1 percent of these companies are major players. As such, the automobile towing industry is extremely fragmented. In recent years, the towing industry was able to generate...
