Aug 12, 2022 | Laundromat, Value Drivers
The laundromat industry is one built upon the backs of small businesses. According to industry reports by IBIS World, over 80% of laundromats in the United States are owned by small business owners. This means the laundromat industry is fragmented and very...Read More »
Aug 9, 2022 | Lumber Wholesale, Value Drivers, Wholesale Trade
The lumber wholesale industry is the major supplier of lumber to the residential construction sector. As the need for residential property increased, so did the need for lumber. In the last five years, lumber wholesale has grown at an annualized rate of 6.9%. While...Read More »
Aug 2, 2022 | Jewelry & Watch Wholesale, Value Drivers, Wholesale Trade
Unlike most industries when the Covid-19 pandemic hit, the jewelry & watch wholesale industry experienced increased demand. While the supply chain struggled, consumers still wanted high-end products. Instead of spending money on trips, consumers were spending it...Read More »
Jul 26, 2022 | Painting, Value Drivers, Wholesale Trade Paint Wholesale
The paint wholesale industry is reliant on many other industries to be successful. One of the major industries paint wholesaling relies on is construction. When construction experienced a decline in 2020, so did paint wholesale. However, this industry rebounded and...Read More »
Jul 12, 2022 | Business Appraisal, Business Valuation, Retail Trade, Value Drivers
The retail trade industry comprises many different sectors. Retail trade was severely affected by the Covid-19 pandemic as many stores were forced to close their doors. This caused a shift of moving to online shopping. This not only caused growing pains for businesses...Read More »