Broker Opinion of Value (BOV) and Business Valuations
Broker Opinion of Value
As an experienced Dallas business broker, Bill Whitehurst will complete a Broker Opinion of Value at no cost to you, the seller. This service will provide an accurate determination of the highest justifiable price that you should expect from the prospective sale of your business.
Whitehurst Mergers and Acquisitions gives a no-cost Broker Opinion of Value in each deal the firm expects to represent. This BOV is very accurate and is a good expectation of the amount a seller will receive in a sale.
A careful analysis of your firm’s financials and tax returns are completed to determine owner’s discretionary income before a multiplier is applied to render the sale price of the business.
The trends of your business’ financials, along with the strong points of the company, are also taken into account when determining the suggested sales price.
The BOV does not have supporting documentation, though it is an experienced BOV which can be used as a guide for an owner for determining a selling price and for planning purposes.
Items Necessary to Perform an Broker Opinion of Value analysis:
- Interim Profit And Loss Statements
- Interim Balance Sheet
- Complete Federal Income Tax Return (last year)
- Complete Federal Income Tax Return (two years prior)
- Complete Federal Income Tax Return (three years prior)
- Fair Market Value of Furniture, Fixtures and Equipment
- Current Value of Inventory
- List of Owner Perks and One-Time Non-Recurring Expenses
- Business Questionnaire
There are several reasons why one might need a business valuation such as selling your business, buying a business, pursuing financing, succession planning, asset protection, shareholder and partner agreements and retirement planning.
To complete the business sale, a full business valuation will be completed. The business valuation is documented appraisal or determination of the value of a certain asset on a specific date.
We will utilize much of the same information provided from the above documentation.
If you are interested in a broker opinion of value , call Bill directly at 214-563-4431