How Much is My Business Worth
If I were to sell my business Garden Grove, how much would I get? This is one of the top questions small business owners ask themselves at the start of every year. This leads to a review of their business plans and the development of new plans for the new year. If you are asking this question, So-Cal Business Brokers is here to help. Whether you are looking to sell or grow your business in 2019, we are here to help you know how much your business is worth.
Variables to consider
There are several variables that need to be considered when you want to know how much your business is worth. Our in house team has decades of experience taking these variables into consideration and placing a fair market value on every business that we perform a valuation for. The first call you make when you want to sell my business Garden Grove should be to us. We have the skills, experience and resources to give you an accurate valuation.
Fair Market Value
This is the price a well-qualified buyer would pay for your business in an open market. In the current market, many small businesses trade at a multiple of SDE (Seller’s Discretionary Earnings). Cash Flow or SDE is defined as the net income of a business before taxes, depreciation, interest and amortization, the owner compensation and benefits and non-recurring expenses.
After developing an SDE for your business, our business broker in Orange County will go ahead and apply a multiplier to calculate estimated sales price. Our team relies on their experience to identify the ideal multiplier for your type of business. The multiplier is based on past local sales, industry and a range of qualitative factors like competitive advantages and management structure. It takes industry knowledge and expertise to identify the correct multiplier. This is why we suggest leaving the valuation to us.
In our years of experience, we have come to understand that valuing a business effectively draws the line between selling it for a great return on investment or not being able to sell it at all. It is for this reason that So-Cal Business Brokers is always working to stay on top of the industry and also participate in continuing education.
If you want to sell my business Garden Grove or simply want to get an idea of what your business is worth, reach out to us. Our experienced business brokers will enlighten you on the worth of your business, help pick the best time to sell and help market and sell it. Contact us now and schedule a free consultation.