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...
Jun 9, 2023 | Business Appraiser, Business Valuation, Tax Preparation
The tax preparation industry has experienced healthy growth. In recent years, it has generated over $14 billion dollars in revenue. Over the next several years, IBIS World predicts a steady revenue increase to over $15 billion dollars. This is due to improving...
May 30, 2023 | Assisted Living Facility, Business Appraiser, Business Valuation, Nursing Home
The home care industry is one of the fastest-growing healthcare industries in the United States. Businesses in this industry include nursing homes and assisted living facilities. Industry revenue increased by 4.8% in 2023 alone according to IBIS World. Moving forward,...
May 27, 2023 | Business Appraiser, Business Valuation, Florist
The floral industry has struggled as a result of intense external competition as well as the 2020 pandemic. Moving forward, IBIS World expects this decline in revenue to slow down from a rate of -1.5 percent to -1.1 percent. Despite these conditions, many floral...
