Sell your Business

3. Free market appraisal

It takes many years of experience to accurately value a business along with the ability to access information on hundreds of previous sales of businesses like yours.

There are many factors to take into consideration when valuing a business, some of which are listed below.

Property is often involved in the sale of a business and this could be Freehold, Leasehold or subject to some form of licence. Lease length, facilities provided and state of repair will obviously affect the valuation.

Comparative values of similar properties are important although it is worth remembering that properties with a commercial aspect are an asset and it should be considered that they need to provide a sensible return on the money invested.

The consultant will assess the value of your business and good will using up to date facts and figures, usually the past three years’ certified or audited accounts. He will analyse these, making allowances for depreciation, loan interest, one off expenses and the working contribution of the owner/s, not always accounted for in wage costs.

Other factors to be considered in the valuation are opening hours, potential, fixtures and fittings, equipment and machinery, range of products and services provided, local and national competition, location and quality of lifestyle, return on investment made and finance available to a prospective purchaser.

This will result in an accurate, carefully considered, realistic market value, which will enable us to market your business to attract immediate interest, while ensuring the price is a fair and true maximum for you.