Opinion of Value
We have over 20 years of experience preparing opinion of value reports for full-service, self-service, express exterior and flex-serve carwash properties.
Our approach to value begins with a complete description of the project and identification of relevant assets. We prepare a real estate site analysis to assess and evaluate the geographic market area, local economy, site and location factors, competitive environment, and market trends.
Valuation calculation begins by adjusting earnings and expenses to show the free available cash flow in the business. A preliminary or "business-only" value is determined with an earnings multiplier (inverse of cap rate) that is calculated with a model that reflects the risk associated with the continued operation of the business.
An overall value for 100 percent of the corporate stock of the company is arrived at by adjusting the preliminary value for any assets (i.e. land, F/F/E, etc.) or liabilities (i.e. pre-paid, outstanding warrants) that would be conveyed at the time of sale.
For more information, please contact us at 727-723-9474