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....Read More »
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...Read More »
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...Read More »
May 26, 2023 | Business Appraiser, Business Valuation, Lumber and Building Materials Store
Due to increased housing starts and growing disposable income, the lumber and building material store industry is experiencing healthy growth. As disposable income continues to rise, we may see an increase in home improvement activities. This could boost the demand...Read More »
May 9, 2023 | Business Appraisal, Insurance Agency, Insurance Brokers, Value Drivers
In our volatile world, having insurance is crucial. Insurance provides financial protection against unexpected events like car accidents and earthquakes. As such, there is a steady demand for the insurance brokerage industry. Insurance brokerages help consumers find...Read More »