Market Research Report

Abrasive Blast Cleaning Service opportunities in Thousand Oaks, CA
$145,448 Potential Yearly Earnings What's this number?
$453,701 Net Present Value What's this number?

  Financial Projections

Based on the parameters below, we project this business would break even in 2.6 years with a net present value of $453,701.

Net Cash Flow over 5 years

Year 0 Year 1 Year 2 Year 3 Year 4 Year 5
Net Revenues $727,240 $1,090,860 $1,454,480 $1,521,386 $1,591,370
Net Costs $654,516 $981,774 $1,309,032 $1,369,247 $1,432,233
Net Operating Profits $72,724 $109,086 $145,448 $152,139 $159,137
Capital
      Startup Cost -$191,119
      Terminal Value $477,411
Net Cash Flow -$191,119 $72,724 $109,086 $145,448 $152,139 $636,548

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 Thousand Oaks.

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

  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.

Standard Abrasives Inc Regional Competitor
4201 Guardian St Simi Valley, CA 93063

American FreezeBlast - CLOSED Local Competitor
PO Box 9236 Canoga Park, CA 91309

Master Blaster Pressure Wshng Local Competitor
4426 W 64th St Inglewood, CA 90302

  Suppliers & Service Providers Contact List

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  About Thousand Oaks and its Consumers

Thousand Oaks, California is located in a area of California that is expanding quickly. In fact, Thousand Oaks is one of the fastest-growing cities in the country, with a population increase of 35% between 1980 and 1990. The city was once a stagecoach stop in 1874, when it was known as the Conejo Valley. The area is home to California Lutheran College. Thousand Oaks is commonly referred to as 'T.O.' by locals. The city is named for the numerous varieties of oak trees that inhabit the valley, and it is part of the Conejo Valley, which includes cities like Newbury Park and Westlake Village. The Thousand Oaks area has a wide variety of arts, literature, and music that elevate its cultural standing. The city is known for its artistic expression and cultural diversity, with numerous arts foundations helping artists add to the community. The Thousand Oaks Civic Arts Plaza opened in 1994 and now hosts a wide range of events, including national touring presentations, Broadway musicals, contemporary entertainers, and symphony concerts. The Fred Kavli Theatre for the Performing Arts hosts productions as well as musical and vocal concerts.

Thousand Oaks, California is located in a area of California that is expanding quickly. In fact, Thousand Oaks is one of the fastest-growing cities in the country, with a population increase of 35% between 1980 and 1990. The city was once a stagecoach stop in 1874, when it was known as the Conejo Valley. The area is home to California Lutheran College. Thousand Oaks is commonly referred to as...

description source
  • Population
    Population (2012) 128,412
    Population Density 2,333 ppl/sq mi
    Population Growth Rate 1.4%
    Median Income $96,943
    Median Age 41.3
    Unemployment 6.2%
    Family Household Percent 72.8%
    Avg. Household Size 2.7
    Avg. House Price $588,600
    Foreign Born 17.2%
    Married 29.2%
    Cost of Living 68.9%
  • Average Temperature
    January 55.3°F 12.9°C
    February 54.9°F 12.7°C
    March 57.6°F 14.2°C
    April 59.5°F 15.3°C
    May 63.2°F 17.3°C
    June 67.9°F 19.9°C
    July 72.1°F 22.3°C
    August 71.3°F 21.8°C
    September 70.4°F 21.3°C
    October 65.3°F 18.5°C
    November 59.6°F 15.3°C
    December 54.7°F 12.6°C
  • Demographics
    White 70.2%
    Hispanic / Latino 16.8%
    Black / African American 1.2%
    Asian 8.6%
    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/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 Thousand Oaks based on a number of market characteristics. See More Results

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