Market Research Report
Based on the parameters below, we project this business would break even in 3.9 years with a net present value of $101,400.
Net Cash Flow over 5 years
|Year 0||Year 1||Year 2||Year 3||Year 4||Year 5|
|Net Operating Profits||$20,323||$30,484||$40,645||$42,515||$44,470|
|Net Cash Flow||-$78,793||$20,323||$30,484||$40,645||$42,515||$177,881|
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.
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 Fairfield.
- median income
- gross rent
- population density
- household size
- July temperature
- November temperature
- family households
- land area
- May temperature
- February temperature
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.
150 N Wiget Ln Ste 103 Walnut Creek, CA 94598
All State Abrasives
Serving the Fairfield Area.
Pauli Systems Inc
1820 Walters Ct Fairfield, CA 94533
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About Fairfield and its Consumers
Fairfield is a city in, and the county seat of, Solano County, California, United States. It is generally considered the midpoint between the cities of San Francisco and Sacramento, approximately 36 miles (58 km) from the city center of both cities, approximately 31 miles (50 km) from the city center of Oakland, less than 19 miles (31 km) from Napa Valley, 16 miles from theCarquinez Bridge, and 14 miles from the Benicia Bridge. It is located in the North-eastern part of the Bay Area. Fairfield was founded in 1856 by clippership captain Robert H. Waterman, and named after his former hometown of Fairfield, Connecticut. It is the home of Travis Air Force Base and the headquarters of Jelly Belly. With a population of 108,321 at the 2010 census, it is slightly smaller in population than Vallejo. Other nearby cities include Vacaville, Rio Vista, Benicia, and Napa. Fairfield has a diversified economy, with government, manufacturing, health care, retail, professional and commercial construction sectors.Anheuser-Busch operates a large regional Budweiser brewery, Clorox produces bleach products, and the Jelly Belly Candy Company confects its specialty jelly beans in Fairfield.
Fairfield is a city in, and the county seat of, Solano County, California, United States. It is generally considered the midpoint between the cities of San Francisco and Sacramento, approximately 36 miles (58 km) from the city center of both cities, approximately 31 miles (50 km) from the city center of Oakland, less than 19 miles (31 km) from Napa Valley, 16 miles from theCarquinez Bridge, and...description source
Population Population (2012) 107,684 Population Density 2,880 ppl/sq mi Population Growth Rate 2.2% Median Income $64,059 Median Age 32.5 Unemployment 9.3% Family Household Percent 74.9% Avg. Household Size 3.0 Avg. House Price $255,700 Foreign Born 20.8% Married 33.9% Cost of Living 64.5%
Demographics White 32.9% Hispanic / Latino 25.4% Black / African American 17.2% Asian 16.7% Native American 0.2%
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/50Source: 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/50Source: 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/50Source: Tax Foundation (2015)
Resources to Get Started
Now that you have a potential location and idea for your business, here is a list of helpful resources you may need to get started.