Jun 29, 2023 | Business Appraisal, Business Valuation, Retail Trade
In recent years, the retail trade industry has generated over $8 trillion dollars with growing profit margins. According to IBIS World, this upward trend will continue for the next several years. As such, there is a high revenue and profit growth opportunity for those...
Jun 27, 2023 | Business Appraisal, Business Valuation, Moving Companies, Valuation Multiples
Moving companies provide moving and relocation services for individuals, governments, and businesses. These services include local, long-distance, and international shipping of used assets. According to IBIS World, there are over 17,000 moving companies throughout the...
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...
