Market Research Report

Abrasive Blast Cleaning Service opportunities in Fort Wayne, IN
$43,547 Potential Yearly Earnings What's this number?
$154,507 Net Present Value What's this number?

  Financial Projections

Based on the parameters below, we project this business would break even in 1.7 years with a net present value of $154,507.

Net Cash Flow over 5 years

Year 0 Year 1 Year 2 Year 3 Year 4 Year 5
Net Revenues $217,733 $326,600 $435,467 $451,502 $468,128
Net Costs $195,960 $293,940 $391,920 $406,352 $421,315
Net Operating Profits $21,773 $32,660 $43,547 $45,150 $46,813
Capital
      Startup Cost -$36,666
      Terminal Value $140,438
Net Cash Flow -$36,666 $21,773 $32,660 $43,547 $45,150 $187,251

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 Fort Wayne.

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

IDS Blast Finishing Regional Competitor
Serving the Fort Wayne Area.

PRO Blast Equipment Local Competitor
2415 W State Blvd Fort Wayne, IN 46808

  Suppliers & Service Providers Contact List

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    Fundera

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  • Access angel investors around the U.S.
    Gust

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  • Customer Interviews
    Cint

    Connect with audiences in a whole new way

    The easiest way to access consumer data and survey communities in real time.

       

  About Fort Wayne and its Consumers

74 74

Fort Wayne is a city in the U.S. state of Indiana and the county seat of Allen County. The population was 256,496 as of the 2013 Census estimate making it the 76th largest city in the United States and the second largest in Indiana after Indianapolis. As northeastern Indiana's cultural hub, Fort Wayne is home to 15 museums and art galleries,two daily newspapers,philharmonic orchestra, botanical conservatory, zoo, convention center, three minor league sports franchises and an NCAADivision I member school, and 86 public parks.The city is home to the fifth-largest public university in Indiana,Indiana University – Purdue University Fort Wayne (IPFW), and the private universities of Concordia Theological Seminary, Indiana Institute of Technology, and University of Saint Francis. The city is also recognized as the final resting place of American folklore legend Johnny Appleseed. Manufacturing is deeply rooted in Fort Wayne's economic history, dating to the earliest days of the city's growth as an important trade stop along the Wabash and Erie Canal. Railroads, introduced shortly after the canal's arrival, eased travel from Fort Wayne to other booming industrial centers along the Great Lakes, such as Chicago, Detroit, Toledo, and Cleveland.

Fort Wayne is a city in the U.S. state of Indiana and the county seat of Allen County. The population was 256,496 as of the 2013 Census estimate making it the 76th largest city in the United States and the second largest in Indiana after Indianapolis. As northeastern Indiana's cultural hub, Fort Wayne is home to 15 museums and art galleries,two daily newspapers,philharmonic orchestra,...

description source
  • Population
    Population (2012) 254,555
    Population Density 2,301 ppl/sq mi
    Population Growth Rate 0.3%
    Median Income $42,277
    Median Age 34.6
    Unemployment 9.0%
    Family Household Percent 62.0%
    Avg. Household Size 2.4
    Avg. House Price $99,500
    Foreign Born 6.8%
    Married 33.3%
    Cost of Living 44.2%
  • Average Temperature
    January 24.9°F -3.9°C
    February 28.3°F -2.1°C
    March 38.4°F 3.6°C
    April 50.0°F 10.0°C
    May 60.4°F 15.8°C
    June 70.1°F 21.2°C
    July 73.6°F 23.1°C
    August 71.5°F 21.9°C
    September 64.3°F 17.9°C
    October 52.6°F 11.4°C
    November 41.4°F 5.2°C
    December 29.1°F -1.6°C
  • Demographics
    White 70.6%
    Hispanic / Latino 7.6%
    Black / African American 15.7%
    Asian 2.8%
    Native American 0.3%

  Market & Regulatory Conditions For Indiana

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

  • Small-Business Friendliness
    Overall small business friendliness B+
    Ease of starting a small business B+
    Cost of hiring a new employee A
    Overall regulatory friendliness A-
    Friendliness of health and safety regulations A-
    Friendliness of employment, labor, and hiring regulations A+
    Friendliness of tax code B+
    Friendliness of licensing regulations B+
    Friendliness of environmental regulations B+
    Friendliness of zoning regulations B+
    Publicity of training programs C
    Publicity of networking programs D
    Current economic health of small business 29th/50
    Change in revenue over past 12 months 13th/50
    Forecast of small business's future economic health 14th/50
    Source: Thumbtack.com (2012)
  • Business Friendliness
    Overall Business Friendliness 19th/50
    Cost of Doing Business 21th/50
    Economy 30th/50
    Infrastructure 7th/50
    Workforce 27th/50
    Quality of life 44th/50
    Technology and innovation 25th/50
    Business friendliness 11th/50
    Education 15th/50
    Cost of living 7th/50
    Access to capital 37th/50
    Source: CNBC (2014)
  • Tax Friendliness
    Indiana Corporate Tax Rate 7.0%
    Avg Local Corporate Tax Rate in Indiana 0.0%
    Avg Combined Corporate Tax Rate 7.0%
    Overall tax friendliness 8th/50
    Corporate tax rank 22th/50
    Individual income tax rank 10th/50
    Sales tax rank 10th/50
    Unemployment insurance tax rank 7th/50
    Property tax rank 5th/50
    Source: Tax Foundation (2015)

  Suggested Cities & Businesses

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

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