Jun 17, 2023 | Assisted Living Facility, Nursing Home, Value Drivers
The home care industry has experienced healthy growth in recent years. In 2023 alone, industry revenue increased by 4.8%. According to IBIS World, the home care industry is one of the fastest-growing industries in the United States. As these trends continue, now may...
Jun 4, 2023 | Business Valuation, Car Wash, Value Drivers
The car wash industry has significantly evolved over the years. This is due to technological advancements and environmental regulations. As such, the car wash industry has experienced healthy growth in recent years. Moving forward, steady growth may continue due to...
Jun 2, 2023 | Business Valuation, Pharmacies and Drug Stores, Value Drivers
When valuing a pharmacy, it’s important to understand the industry. The pharmacy industry is experiencing a 3.80% growth rate. The industry is looking to grow as the number of individuals over the age of 65 increases. In the upcoming years, the pharmacy industry...
May 29, 2023 | Business Valuation, Urgent Care, Value Drivers
As hospitals became crowded during the COVID-19 pandemic, many people turned to urgent care centers to take care of their medical needs. While we are recovering from the 2020 virus, the urgent care industry continues to thrive. IBIS World predicts that industry...
May 28, 2023 | Auto Detailing, Business Valuation, Value Drivers
The auto detailing industry is a sub-sector of the car wash industry. This sub-sector has flourished, generating over 19 percent of revenue for the car wash industry. Moving forward, demand for auto detailing services continues to increase. In addition, consumers are...
May 24, 2023 | Business Valuation, Funeral Home, Value Drivers
Since most people pass through a funeral home after death, demand for funeral services remains steady. With high competition and recent changes in the industry, it is important to understand value drivers for a funeral home. A business appraiser analyzes these when...
