Bray Business Brokerage can offer full in-house business evaluations for owners and sellers looking to obtain a price on their business in the current state. These “evaluations” provide a valuation for your business through financial and operational review, and are a cost-effective route for pricing your business. The other option for pricing your business is to obtain a certified business evaluation through a CVA. We can put you in touch with local CVA’s that are experienced and capable of providing fully certified business valuations and/or appraisals. Call us for a free consultation and/or to learn more about business valuations.
All Broker Evaluations can range in price depending on the company size, industry, complexity, and the availability of financial reports. A typical business evaluation from one of our business brokers can range from $1,000 – $5,000, with an average cost of approximately $2,500 per evaluation report. This includes an in-depth evaluation, report, and proposed value based on the businesses financial performance, balance sheet strength, growth variables, relative industry comparative sales, and more. Typical business valuations or appraisals from a certified CVA can vary, but typically range from $5,000 – $30,000+.
When deciding what kind of business valuation you are looking for, it is important to understand the main differences in the two valuations. There are 4 main differences between the two valuations:
For a business evaluation from one of our Business Brokers, it typically starts with an initial 15-minute consultation to learn about the business and all products/services offered, and to ensure it can be properly evaluated. Next, the business owner will most often need to provide the following documentation:
There may be additional items that can be requested throughout the process depending on the business. If pursing a certified business valuation, you will typically need to provide the previously listed information, as well as additional documentation requested by the CVA. Some of the potentially requested information could include; monthly P&Ls, equipment lists, inventory sheets, AR/AP aging reports, GL’s, Additional company and personal tax forms, and more.