Market Research Report

Abrasive Blast Cleaning Service opportunities in Indianapolis, IN
$4,781 Potential Yearly Earnings What's this number?
-$13,773 Net Present Value What's this number?

  Financial Projections

Based on the parameters below, we project this business would break even in 14.5 years with a net present value of -$13,773.

Net Cash Flow over 5 years

Year 0 Year 1 Year 2 Year 3 Year 4 Year 5
Net Revenues $23,905 $35,858 $47,811 $49,571 $51,397
Net Costs $21,515 $32,272 $43,030 $44,614 $46,257
Net Operating Profits $2,391 $3,586 $4,781 $4,957 $5,140
Capital
      Startup Cost -$34,762
      Terminal Value $15,419
Net Cash Flow -$34,762 $2,391 $3,586 $4,781 $4,957 $20,559

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 Indianapolis.

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

Rockler National Competitor
8452 Castleton Corner Dr Indianapolis, IN 46250

IDS Blast Finishing Regional Competitor
2717 Tobey Dr Indianapolis, IN 46219

Dependable Sandblast & Deburring Corp Regional Competitor
610 W Troy Ave Indianapolis, IN 46225

Norton-St-Gobain Abrasives Local Competitor
9415 Timber View Dr Indianapolis, IN 46250

Sandpaper America Local Competitor
1728 E New York St Indianapolis, IN 46201

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  About Indianapolis and its Consumers

Indianapolis, the “Crossroads of America” and the capitol city of the State of Indiana is conveniently located in the Midwest, one day’s driving distance from half the nation’s population. Indianapolis, affectionately referred to as “Indy” offers a vast array of arts, attractions, historical sites and eclectic cultural districts located in and near the downtown center. Indy's reputation as a sporting capitol is well deserved – whether it’s professional sports or motorsports events. Indy is home to the Indiana Pacers NBA basketball team, the NFL Indianapolis Colts team, the NCAA(National Collegiate Athletic Association), the WNBA Indiana Fever, the International League’s Indianapolis Indians, Indiana Ice hockey team and the USA Rugby team, the Indianapolis Indians. Indy isn’t just about sports - the Children’s Museum of Indianapolis (the world's largest) is here, North America’s largest water clock (over 17 feet tall) is located on the north side of the Indiana State Museum. Don’t miss the Canal Walk, the Zoo, the 284-foot Soldiers' & Sailors' Monument at Monument Circle, the White River State Park (the only urban state park in Indiana) downtown and the many other attractions in this great city.

Indianapolis, the “Crossroads of America” and the capitol city of the State of Indiana is conveniently located in the Midwest, one day’s driving distance from half the nation’s population. Indianapolis, affectionately referred to as “Indy” offers a vast array of arts, attractions, historical sites and eclectic cultural districts located in and near the downtown center. Indy's reputation as a...

description source
  • Population
    Population (2012) 834,852
    Population Density 2,309 ppl/sq mi
    Population Growth Rate 1.8%
    Median Income $39,015
    Median Age 33.8
    Unemployment 8.5%
    Family Household Percent 59.3%
    Avg. Household Size 2.4
    Avg. House Price $116,300
    Foreign Born 7.0%
    Married 38.1%
    Cost of Living 46.7%
  • Average Temperature
    January 26.3°F -3.2°C
    February 30.3°F -0.9°C
    March 39.9°F 4.4°C
    April 51.5°F 10.8°C
    May 61.5°F 16.4°C
    June 71.0°F 21.7°C
    July 74.0°F 23.3°C
    August 72.6°F 22.6°C
    September 65.5°F 18.6°C
    October 53.7°F 12.1°C
    November 42.4°F 5.8°C
    December 30.3°F -0.9°C
  • Demographics
    White 58.0%
    Hispanic / Latino 9.4%
    Black / African American 27.5%
    Asian 1.9%
    Native American 0.05%

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

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