Market Research Report

Accounting Firm opportunities in Vallejo, CA
$62,239 Potential Yearly Earnings What's this number?
$199,560 Net Present Value What's this number?

  Financial Projections

Based on the parameters below, we project this business would break even in 2.5 years with a net present value of $199,560.

Net Cash Flow over 5 years

Year 0 Year 1 Year 2 Year 3 Year 4 Year 5
Net Revenues $311,196 $466,793 $622,391 $651,021 $680,968
Net Costs $280,076 $420,114 $560,152 $585,919 $612,871
Net Operating Profits $31,120 $46,679 $62,239 $65,102 $68,097
Capital
      Startup Cost -$76,367
      Terminal Value $204,290
Net Cash Flow -$76,367 $31,120 $46,679 $62,239 $65,102 $272,387

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 Vallejo.

  1. median income
  2. July temperature
  3. August temperature
  4. gross rent
  5. population density
  6. house price
  7. business activity
  8. February temperature
  9. land area
  10. nearby population

  Competitors

Accounting firms or individuals that provide accounting, tax filing, or related financial services to clients.

H&R Block National Competitor
2635A Springs Rd Vallejo, CA 94591

H&R Block National Competitor
1020 Tennessee St Vallejo, CA 94590

H&R Block National Competitor
970 Admiral Callaghan Ln Vallejo, CA 94591

TIP: Your market is dominated by national chains. Consider entering the market with an independant business or a regional franchise.

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  About Vallejo and its Consumers

Vallejo is the largest city in Solano County, California, United States. The population was 115,942 at the 2010 census. It is the tenth most populous city in the San Francisco Bay Area, and is located on the northeastern shore of San Pablo Bay. Vallejo is named for General Mariano Guadalupe Vallejo (the neighboring city of Benicia is named for his wife). Vallejo is home to the Six Flags Discovery Kingdom theme park (formerly Marine World and Marine World Africa USA); the now-defunct Mare Island Naval Shipyard; the regional office for Region 5 of the United States Forest Service; the California Maritime Academy (part of the California State University system); the Vallejo Center campus of Solano Community College; and Touro University California, a graduate school offering programs in osteopathic medicine, education, pharmacy, physician assistant studies, and public health. Ferry service runs from a terminal on Mare Island Strait to San Francisco, through the BayLink division of SolTrans.

Vallejo is the largest city in Solano County, California, United States. The population was 115,942 at the 2010 census. It is the tenth most populous city in the San Francisco Bay Area, and is located on the northeastern shore of San Pablo Bay. Vallejo is named for General Mariano Guadalupe Vallejo (the neighboring city of Benicia is named for his wife). Vallejo is home to the Six Flags...

description source
  • Population
    Population (2012) 117,796
    Population Density 3,840 ppl/sq mi
    Population Growth Rate 1.6%
    Median Income $51,988
    Median Age 38.0
    Unemployment 10.5%
    Family Household Percent 68.5%
    Avg. Household Size 2.8
    Avg. House Price $213,300
    Foreign Born 27.0%
    Married 38.4%
    Cost of Living 64.3%
  • Average Temperature
    January 47.6°F 8.7°C
    February 51.1°F 10.6°C
    March 53.5°F 11.9°C
    April 56.6°F 13.7°C
    May 61.1°F 16.2°C
    June 65.6°F 18.7°C
    July 67.6°F 19.8°C
    August 67.4°F 19.7°C
    September 66.7°F 19.3°C
    October 62.1°F 16.7°C
    November 54.3°F 12.4°C
    December 48.2°F 9.0°C
  • Demographics
    White 23.4%
    Hispanic / Latino 25.0%
    Black / African American 20.7%
    Asian 24.2%
    Native American 0.6%

  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 Accounting Firm within 500 miles of Vallejo based on a number of market characteristics. See More Results

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