Popular and Profitable Businesses to Buy Now
Current businesses that are on the market and booming.
Only a handful of people venture into entrepreneurship knowing what industry they want to conquer and what type of business they want to start. However, for many new entrepreneurs, it can be difficult to figure out how to start a business and even more difficult to figure out exactly what kind of business. It’s hard to figure out the best choice, much less come up with that perfect idea.
Below, we’ve compiled a small list of a few of the most profitable and popular small businesses. Each of these business niches are rapidly growing and can provide you with a good living. With the right combination of hard work, determination, resourcefulness, and working with Transworld Business Advisors, you can buy into one of these most profitable businesses.
Auto Repair
Taking a car to the shop for even simple repairs can be a challenge. Most of us use our cars to get from place to place which means taking a car in for repairs often either involves a long wait at the repair shop, renting a vehicle for the day, or coordinating a ride with a friend or spouse. These options are both expensive and inconvenient.
The good news is that while some repair jobs do require the equipment of an auto shop to complete, there are plenty of maintenance and repair services that need just a few simple tools to complete. If your interests lie within the automobile industry, you might consider a mobile auto repair service as one of the most profitable business ideas. You can offer oil changes, fluid refills, battery swaps, headlight repair, and more right in your customer’s driveway or office parking lot.
Insurance Agency
No matter what happens in the world, we will always be looking for insurance for our various assets, homes, vehicles, and business ventures. The sales process for an insurance agency can involve more steps due to regulation and compliance; however, they are typically profitable ventures if the book of business is highly established and reputable. This industry is a fast-growing and highly lucrative world when it comes to finding something that is based highly in relationship-building and client retention.
Marketing Consulting / Agency The key to this purchase is finding a consulting firm or agency that has a highly reputable service and is well-respected in the industry. Due to pandemic restrictions on businesses, many marketing service providers are seeing record sales as businesses need the advice and guidance necessary to guide their decisions and usher new buyers into the marketplace. There are multiple types of marketing agencies to consider, and learning which one is a fit for you is important. Some are more specialty, like those that work specifically with search engine optimization (SEO) or are highly skilled in social media advertising and content. Whatever the case, we can help you match your desires with the ideal situation for your future. Residential and Commercial Service Providers (Plumbing, HVAC, Electrical) If a service provider has amassed a business worth selling and you are considering it, chances are that the business has an established client base and reputation that is just waiting to be nurtured for further business. No matter what happens in the future, homeowners and business owners will continue to need plumbing help, heating and cooling services, and electrical needs no matter industry changes and trends. In addition, these businesses are typically staffed and managed by skilled professionals who enjoy what they do and continue to seek work to keep them busy. Still wondering what the right business for you may be? Contact Transworld Business Advisors of Indiana and let us help you figure out your niche. As always, we pride ourselves on advising you of the best investment for you to create a steadfast future and the potential for more investment. Get started today by visiting our website to view what businesses we currently have for sale, or give us a call to discuss over the phone at 317.564.4777.
