Aug 18, 2021 | Business Valuation, Tire Dealership, Value Drivers
There are several advantages and opportunities for tire dealerships right now. Because the price and demand for cars are currently extremely high, it causes the value of tire dealerships to rise. Additionally, over the next five years, revenue is expected to grow...
Aug 12, 2021 | Business Valuation, Grocery Store, Supermarket
When most people think of grocery stores, they think of supergiants that seem to dominate the industry. These giant supermarkets include Walmart, Costco, Kroger, Target, etc… However, many people forget about local grocery stores. These local supermarkets have...
Aug 10, 2021 | Business Valuation, Buying a Business, Purchase Agreement, Selling a Business
One of the most important aspects of a business transaction, whether you are buying or selling a business, is the buy/sell or purchase agreement. This agreement specifies all the important aspects of the transaction. It is important for legal and tax purposes as well...
Aug 6, 2021 | Business Appraisal, Business Valuation, Buying a Business, Small Business
Many individuals want to buy a business, but don’t know where to start. Nearly 500,000 businesses transact each year. This number is growing as more baby boomers retire and sell their businesses. If you are one of those individuals, now is a great time to start...
Aug 3, 2021 | Business Valuation, Lumber Wholesale, Value Drivers
There are about 8,000 lumber wholesalers in the United States. The lumber wholesaling industry generates about $96.4 billion in revenue. This industry is mature with low barriers to entry, increasing sawmill lumber prices, and a growing number of housing starts. These...
Jul 29, 2021 | Business Appraisal, Business Valuation, Buying a Business
Buying a business is one of the fastest ways to become an entrepreneur and become self-employed. It can also be an easier option than starting your own business. One of the best ways to ensure a successful business acquisition is to obtain a business appraisal. Below,...
