Market Research Report

Abrasive Blast Cleaning Service opportunities in Bakersfield, CA
$80,024 Potential Yearly Earnings What's this number?
$283,473 Net Present Value What's this number?

  Financial Projections

Based on the parameters below, we project this business would break even in 1.8 years with a net present value of $283,473.

Net Cash Flow over 5 years

Year 0 Year 1 Year 2 Year 3 Year 4 Year 5
Net Revenues $400,122 $600,183 $800,244 $837,055 $875,560
Net Costs $360,110 $540,165 $720,220 $753,350 $788,004
Net Operating Profits $40,012 $60,018 $80,024 $83,706 $87,556
Capital
      Startup Cost -$71,302
      Terminal Value $262,668
Net Cash Flow -$71,302 $40,012 $60,018 $80,024 $83,706 $350,224

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 Bakersfield.

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

  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.

Cen Cal Dustless Blasting Local Competitor
10727 Taft Hwy Bakersfield, CA 93311

  Suppliers & Service Providers Contact List

  • Get a great business loan today!
    Fundera

    Get a business loan that suits your needs.

    Get the business loan you need and want.

       

  • Free help for entrepreneurs
    Sbdc

    Our professionals can help you get your business going.

    We can help with your business plan! We have expertise and datasets.

       

  • Business for sale listing from around the U.S.
    Bizbuysell

    Find great businesses for sale.

    Find businesses for sale now!

       

  About Bakersfield and its Consumers

Bakersfield lies near the southern "horseshoe" end of the San Joaquin Valley, with the southern tip of the Sierra Nevada just to the east. The city limits extend to the Sequoia National Forest, at the foot of the Greenhorn Mountain Range and at the entrance to the Kern Canyon. To the south, the Tehachapi Mountains feature the historic Tejon Ranch. To the west is the Temblor Range, behind which is the Carrizo Plain National Monument and the San Andreas Fault. The Temblor Range is about 35 mi (56 km) from Bakersfield across the valley floor. Bakersfield’s historic and primary industries have related to Kern County’s two main industries, oil and agriculture. Kern County is the most oil productive county in America, with around 10% of the nation’s domestic production. Kern County is a part of the highly productive San Joaquin Valley, and ranks in the top five most productive agricultural counties in the nation. Major crops for Kern County include: grapes, citrus, almonds, carrots, alfalfa, cotton, and roses. The city serves as the home for both corporate and regional headquarters of companies engaged in these industries.

Bakersfield lies near the southern "horseshoe" end of the San Joaquin Valley, with the southern tip of the Sierra Nevada just to the east. The city limits extend to the Sequoia National Forest, at the foot of the Greenhorn Mountain Range and at the entrance to the Kern Canyon. To the south, the Tehachapi Mountains feature the historic Tejon Ranch. To the west is the Temblor Range, behind which...

description source
  • Population
    Population (2012) 358,597
    Population Density 2,522 ppl/sq mi
    Population Growth Rate 3.2%
    Median Income $51,667
    Median Age 30.2
    Unemployment 9.2%
    Family Household Percent 74.8%
    Avg. Household Size 3.1
    Avg. House Price $170,400
    Foreign Born 18.7%
    Married 46.5%
    Cost of Living 46.7%
  • Average Temperature
    January 47.8°F 8.8°C
    February 52.6°F 11.4°C
    March 57.6°F 14.2°C
    April 62.6°F 17.0°C
    May 70.5°F 21.4°C
    June 77.5°F 25.3°C
    July 83.8°F 28.8°C
    August 82.4°F 28.0°C
    September 77.0°F 25.0°C
    October 67.2°F 19.6°C
    November 55.1°F 12.8°C
    December 47.8°F 8.8°C
  • Demographics
    White 36.3%
    Hispanic / Latino 46.1%
    Black / African American 7.9%
    Asian 6.8%
    Native American 0.6%

  Market & Regulatory Conditions For California

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

  • Small-Business Friendliness
    Overall small business friendliness F
    Ease of starting a small business D
    Cost of hiring a new employee C-
    Overall regulatory friendliness F
    Friendliness of health and safety regulations F
    Friendliness of employment, labor, and hiring regulations F
    Friendliness of tax code F
    Friendliness of licensing regulations F
    Friendliness of environmental regulations D
    Friendliness of zoning regulations D
    Publicity of training programs C-
    Publicity of networking programs D+
    Current economic health of small business 40th/50
    Change in revenue over past 12 months 40th/50
    Forecast of small business's future economic health 35th/50
    Source: Thumbtack.com (2012)
  • Business Friendliness
    Overall Business Friendliness 32th/50
    Cost of Doing Business 48th/50
    Economy 9th/50
    Infrastructure 24th/50
    Workforce 36th/50
    Quality of life 23th/50
    Technology and innovation 1th/50
    Business friendliness 48th/50
    Education 26th/50
    Cost of living 47th/50
    Access to capital 1th/50
    Source: CNBC (2014)
  • Tax Friendliness
    California Corporate Tax Rate 7.5%
    Avg Local Corporate Tax Rate in California 0.9%
    Avg Combined Corporate Tax Rate 8.4%
    Overall tax friendliness 48th/50
    Corporate tax rank 34th/50
    Individual income tax rank 50th/50
    Sales tax rank 42th/50
    Unemployment insurance tax rank 14th/50
    Property tax rank 14th/50
    Source: Tax Foundation (2015)

  Suggested Cities & Businesses

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

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