Market Research Report

Abrasive Blast Cleaning Service opportunities in Portland, OR
$81,589 Potential Yearly Earnings What's this number?
$277,589 Net Present Value What's this number?

  Financial Projections

Based on the parameters below, we project this business would break even in 2.1 years with a net present value of $277,589.

Net Cash Flow over 5 years

Year 0 Year 1 Year 2 Year 3 Year 4 Year 5
Net Revenues $407,946 $611,919 $815,892 $852,895 $891,576
Net Costs $367,151 $550,727 $734,303 $767,606 $802,419
Net Operating Profits $40,795 $61,192 $81,589 $85,290 $89,158
Capital
      Startup Cost -$83,874
      Terminal Value $267,473
Net Cash Flow -$83,874 $40,795 $61,192 $81,589 $85,290 $356,631

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

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  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 Portland.

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

  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.

Blast Cleaning Services Regional Competitor
21720 SW Oregon St Sherwood, OR 97140

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  About Portland and its Consumers

Portland is a city in the State of Oregon, near the confluence of the Willamette and Columbia rivers. According to the 2010 Census, it had a population of 583,776, estimated to have reached 592,120 in 2013, making it the 29th most populouscity in the United States. Portland is Oregon's most populous city, and the third most populous city in the Pacific Northwestregion, after Seattle, Washington, and Vancouver, British Columbia. Approximately 2,314,554 people live in the Portland metropolitan area (MSA), the 19th most populous MSA in the United States. Portland was incorporated in 1851 and is the county seat of Multnomah County. The city has a commission-based government headed by a mayor and four other commissioners as well as Metro, a distinctive regional government. The city is noted for its superior land-use planning and investment in light rail. Because of its public transportation networks and efficient land-use planning, Portland has been recognized as one of the most environmentally conscious cities in the world.

Portland is a city in the State of Oregon, near the confluence of the Willamette and Columbia rivers. According to the 2010 Census, it had a population of 583,776, estimated to have reached 592,120 in 2013, making it the 29th most populouscity in the United States. Portland is Oregon's most populous city, and the third most populous city in the Pacific Northwestregion, after Seattle,...

description source
  • Population
    Population (2012) 603,106
    Population Density 4,520 ppl/sq mi
    Population Growth Rate 3.3%
    Median Income $47,033
    Median Age 36.0
    Unemployment 7.3%
    Family Household Percent 50.5%
    Avg. Household Size 2.3
    Avg. House Price $275,500
    Foreign Born 12.3%
    Married 39.9%
    Cost of Living 53.9%
  • Average Temperature
    January 41.2°F 5.1°C
    February 43.8°F 6.6°C
    March 47.7°F 8.7°C
    April 52.2°F 11.2°C
    May 58.2°F 14.6°C
    June 62.8°F 17.1°C
    July 68.4°F 20.2°C
    August 68.7°F 20.4°C
    September 63.6°F 17.6°C
    October 54.5°F 12.5°C
    November 46.4°F 8.0°C
    December 40.1°F 4.5°C
  • Demographics
    White 71.5%
    Hispanic / Latino 10.1%
    Black / African American 6.3%
    Asian 7.7%
    Native American 0.8%

  Market & Regulatory Conditions For Oregon

Third parties rate Oregon'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 A-
    Cost of hiring a new employee F
    Overall regulatory friendliness B-
    Friendliness of health and safety regulations B
    Friendliness of employment, labor, and hiring regulations C-
    Friendliness of tax code C
    Friendliness of licensing regulations C+
    Friendliness of environmental regulations B+
    Friendliness of zoning regulations B-
    Publicity of training programs B
    Publicity of networking programs B
    Current economic health of small business 19th/50
    Change in revenue over past 12 months 12th/50
    Forecast of small business's future economic health 27th/50
    Source: Thumbtack.com (2012)
  • Business Friendliness
    Overall Business Friendliness 22th/50
    Cost of Doing Business 33th/50
    Economy 10th/50
    Infrastructure 23th/50
    Workforce 39th/50
    Quality of life 13th/50
    Technology and innovation 22th/50
    Business friendliness 26th/50
    Education 39th/50
    Cost of living 37th/50
    Access to capital 15th/50
    Source: CNBC (2014)
  • Tax Friendliness
    Oregon Corporate Tax Rate 0.0%
    Avg Local Corporate Tax Rate in Oregon 0.0%
    Avg Combined Corporate Tax Rate 0.0%
    Overall tax friendliness 12th/50
    Corporate tax rank 36th/50
    Individual income tax rank 31th/50
    Sales tax rank 4th/50
    Unemployment insurance tax rank 30th/50
    Property tax rank 15th/50
    Source: Tax Foundation (2015)

  Suggested Cities & Businesses

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

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