Market Research Report

Abrasive Blast Cleaning Service opportunities in Concord, CA
$55,763 Potential Yearly Earnings What's this number?
$167,559 Net Present Value What's this number?

  Financial Projections

Based on the parameters below, we project this business would break even in 2.9 years with a net present value of $167,559.

Net Cash Flow over 5 years

Year 0 Year 1 Year 2 Year 3 Year 4 Year 5
Net Revenues $278,813 $418,219 $557,626 $583,277 $610,108
Net Costs $250,932 $376,398 $501,863 $524,949 $549,097
Net Operating Profits $27,881 $41,822 $55,763 $58,328 $61,011
Capital
      Startup Cost -$79,656
      Terminal Value $183,032
Net Cash Flow -$79,656 $27,881 $41,822 $55,763 $58,328 $244,043

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 Concord.

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

  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.

Kleen Blast Regional Competitor
30028 Industrial Pkwy SW Hayward, CA 94544

Pinnacle Abrasives Regional Competitor
150 N Wiget Ln Ste 103 Walnut Creek, CA 94598

National Abrasives - CLOSED Regional Competitor
1655 Abram Ct San Leandro, CA 94577

TIP: Your market is dominated by regional chains. Consider entering the market with an independant business or a national franchise.

  Suppliers & Service Providers Contact List

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  About Concord and its Consumers

209 209

Founded in 1869, Concord, California is a city of nearly 125,000 people in the San Francisco Bay Area referred to as the "North Bay". Concord is located in the San Francisco'Oakland'Fremont metropolitan area, which has a population in excess of 4.1 million people. Concord is approximately forty minutes northeast of San Francisco, thirty minutes northeast of Oakland, and forty to fifty minutes southeast of the Napa/Sonoma wine country. Nearby Oakland was ranked in the top ten "Most Fun U.S. Cities" in a study conducted by Cranium, Inc. in 2004. Nearby San Francisco was ranked in the top fifteen in the same study. Both Oakland and San Francisco are also past National Civic League "All-America City Award" winners. Concord experiences warm summers and cool winters. Summer average daily temperatures are in the high eighties (degrees Fahrenheit), and winter average daily temperatures are in the mid-fifties (degrees Fahrenheit). Concord residents have easy access to all of the arts, cultural, and entertainment offerings of nearby Oakland, San Francisco, as well as California wine country.

Founded in 1869, Concord, California is a city of nearly 125,000 people in the San Francisco Bay Area referred to as the "North Bay". Concord is located in the San Francisco'Oakland'Fremont metropolitan area, which has a population in excess of 4.1 million people. Concord is approximately forty minutes northeast of San Francisco, thirty minutes northeast of Oakland, and forty to fifty minutes...

description source
  • Population
    Population (2012) 124,711
    Population Density 4,082 ppl/sq mi
    Population Growth Rate 2.2%
    Median Income $60,391
    Median Age 37.3
    Unemployment 8.3%
    Family Household Percent 67.9%
    Avg. Household Size 2.7
    Avg. House Price $347,100
    Foreign Born 26.5%
    Married 32.1%
    Cost of Living 69.2%
  • Average Temperature
    January 48.9°F 9.4°C
    February 53.0°F 11.7°C
    March 56.5°F 13.6°C
    April 60.2°F 15.7°C
    May 65.1°F 18.4°C
    June 69.9°F 21.1°C
    July 73.0°F 22.8°C
    August 72.9°F 22.7°C
    September 71.1°F 21.7°C
    October 64.8°F 18.2°C
    November 55.5°F 13.1°C
    December 48.8°F 9.3°C
  • Demographics
    White 50.2%
    Hispanic / Latino 27.8%
    Black / African American 3.1%
    Asian 12.9%
    Native American 0.5%

  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 Concord based on a number of market characteristics. See More Results

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