Market Research Report

Abrasive Blast Cleaning Service opportunities in Abilene, TX
$18,878 Potential Yearly Earnings What's this number?
$52,747 Net Present Value What's this number?

  Financial Projections

Based on the parameters below, we project this business would break even in 3.4 years with a net present value of $52,747.

Net Cash Flow over 5 years

Year 0 Year 1 Year 2 Year 3 Year 4 Year 5
Net Revenues $94,390 $141,586 $188,781 $200,141 $212,185
Net Costs $84,951 $127,427 $169,903 $180,127 $190,966
Net Operating Profits $9,439 $14,159 $18,878 $20,014 $21,218
Capital
      Startup Cost -$32,220
      Terminal Value $63,655
Net Cash Flow -$32,220 $9,439 $14,159 $18,878 $20,014 $84,874

Startup costs are estimated as the larger of PYE and median income multiplied by the cost of living in the city. The positive cash flows in years 1 to 5 are estimated from the PYE. The first year is discounted by 50%, the second year is discounted by 75%, the fourth through tenth years are inflated according to a growth rate estimated from the GDP growth rate of the state. The profit margin is defaulted 10%. In year 5 a “terminal value” equal to the year 5 net operating income times three is added. The hurdle rate is defaulted to 15%. All values are net of taxes.

Financial Parameters

Change these parameters to customize your financial model

  Statistical Analysis
How is this opportunity calculated?

The following ten market factors are the most important determinants used to calculate the need for businesses of this type in Abilene.

  1. median income
  2. gross rent
  3. population density
  4. July temperature
  5. land area
  6. November temperature
  7. household size
  8. May temperature
  9. white
  10. family households

  Competitors

Abrasive blast cleaning businesses can provide a range of services, from surface contaminant removal and cleaning, to the preparation and finishing of many different types of surfaces.

Metal Removal Specialties Regional Competitor
Serving the Abilene Area.

M&M Sales & Equipment Local Competitor
Serving the Abilene Area.

  Suppliers & Service Providers Contact List

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  About Abilene and its Consumers

Abilenetx Abilenetx

Abilene is a city in Taylor and Jones counties in west central Texas. The population was 117,063 according to the 2010 census making it the twenty-seventh most populous city in the state of Texas. It is the principal city of theAbilene Metropolitan Statistical Area, which had a 2011 estimated population of 166,416. It is the county seat of Taylor County. Abilene is located off Interstate 20, between exits 279 on its western edge and 292 on the east. Abilene is 150 miles (240 km) west of Fort Worth, Texas. The city is looped by I-20 to the north, US 83/84 on the west, and Loop 322 to the east. A railroad divides the city down the center into north and south. The historic downtown area is on the north side of the railroad. The fastest-growing sections of the city are growing to the southwest, along Southwest Drive, the Winters Freeway, and the Buffalo Gap Road corridor; the southeast, along Loop 322, Oldham Lane, Industrial Drive, and Maple Street; and in the northeast near the intersection of SH 351 and I-20. Many developments have begun in these three areas within the last few years.

Abilene is a city in Taylor and Jones counties in west central Texas. The population was 117,063 according to the 2010 census making it the twenty-seventh most populous city in the state of Texas. It is the principal city of theAbilene Metropolitan Statistical Area, which had a 2011 estimated population of 166,416. It is the county seat of Taylor County. Abilene is located off Interstate 20,...

description source
  • Population
    Population (2012) 118,887
    Population Density 1,113 ppl/sq mi
    Population Growth Rate 1.6%
    Median Income $38,403
    Median Age 31.6
    Unemployment 5.6%
    Family Household Percent 64.0%
    Avg. Household Size 2.5
    Avg. House Price $85,300
    Foreign Born 4.8%
    Married 33.5%
    Cost of Living 44.0%
  • Average Temperature
    January 44.9°F 7.2°C
    February 48.6°F 9.2°C
    March 56.4°F 13.6°C
    April 64.6°F 18.1°C
    May 73.0°F 22.8°C
    June 79.5°F 26.4°C
    July 83.1°F 28.4°C
    August 82.8°F 28.2°C
    September 75.5°F 24.2°C
    October 65.8°F 18.8°C
    November 54.6°F 12.6°C
    December 45.3°F 7.4°C
  • Demographics
    White 62.1%
    Hispanic / Latino 23.3%
    Black / African American 10.2%
    Asian 2.0%
    Native American 0.3%

  Market & Regulatory Conditions For Texas

Third parties rate Texas's business and regulatory conditions according to their own methods. We report them here for informational purposes.

  • Small-Business Friendliness
    Overall small business friendliness A+
    Ease of starting a small business A
    Cost of hiring a new employee B+
    Overall regulatory friendliness A
    Friendliness of health and safety regulations A-
    Friendliness of employment, labor, and hiring regulations A
    Friendliness of tax code A
    Friendliness of licensing regulations A
    Friendliness of environmental regulations A-
    Friendliness of zoning regulations A
    Publicity of training programs C+
    Publicity of networking programs C
    Current economic health of small business 13th/50
    Change in revenue over past 12 months 29th/50
    Forecast of small business's future economic health 17th/50
    Source: Thumbtack.com (2012)
  • Business Friendliness
    Overall Business Friendliness 2th/50
    Cost of Doing Business 23th/50
    Economy 1th/50
    Infrastructure 1th/50
    Workforce 11th/50
    Quality of life 37th/50
    Technology and innovation 2th/50
    Business friendliness 20th/50
    Education 27th/50
    Cost of living 18th/50
    Access to capital 5th/50
    Source: CNBC (2014)
  • Tax Friendliness
    Texas Corporate Tax Rate 6.3%
    Avg Local Corporate Tax Rate in Texas 1.9%
    Avg Combined Corporate Tax Rate 8.2%
    Overall tax friendliness 10th/50
    Corporate tax rank 39th/50
    Individual income tax rank 6th/50
    Sales tax rank 36th/50
    Unemployment insurance tax rank 15th/50
    Property tax rank 36th/50
    Source: Tax Foundation (2015)

  Suggested Cities & Businesses

The following cities have the highest PYE for Abrasive Blast Cleaning Service within 500 miles of Abilene based on a number of market characteristics. See More Results

The following businesse types have the highest PYE in Abilene. See More Results