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 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 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...
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...
May 25, 2023 | Business Valuation, HVAC, Selling a Business
Peak Business Valuation regularly receives inquiries about the significance and usage of a business valuation of an HVAC business. Additionally, we get asked what to do if a business valuation is lower than expected. Peak is the top business appraiser for HVAC...