Feb 8, 2023 | Business Appraisal, Optometrist
The eye care industry is growing. The population is aging, incomes are increasing, and there is rising awareness of the importance of eye health. Despite economic changes, this industry remains steady. According to IBIS World, about 75 percent of the adult population...
Jan 31, 2023 | Business Appraiser, Business Valuation, Dry Cleaning
The 2020 pandemic caused a serious decline in the dry cleaning industry. Although conditions have been revamped, the industry is not expected to make a full recovery. Businesses switched to casual dress codes, and consumers use cheaper dry cleaning alternatives. For...
Jan 27, 2023 | Auto Mechanic Shop, Business Appraiser, Business Valuation, Value Drivers
In the auto mechanic industry, a few major players produce a notable amount of revenue. Nonetheless, barriers to entry are low and small businesses dominate this industry. In recent years, the auto mechanics industry has experienced healthy growth. This trend is...
Jan 20, 2023 | Business Appraiser, Dry Cleaning, Value Drivers
The dry cleaning industry suffered greatly during the pandemic. While the economy has recovered, this industry is not expected to heal completely. Due to cheaper dry cleaning alternatives and businesses resorting to casual attire, a decline in the industry will likely...
Jan 17, 2023 | Business Appraisal, Business Appraiser, Business Valuation, Buying a Business, Small Business
When stock market returns decline, many investors turn to small businesses. And who wouldn’t? While small businesses involve more risk, their rate of return often averages between 15% and 30%. (And we have seen small businesses that do far better). Additionally,...
Jan 6, 2023 | Business Appraisal, Buying a Business, SBA business valuations, SBA Financing, SBA Loans
Are you thinking about buying a business? Maybe, you have already found a business to buy or maybe you are just starting to think about jumping into the path of entrepreneurship or small business ownership. In either case, buying a business with an SBA loan is one of...
