Unlike the sale of real estate or franchises, the sale of an ongoing business is very confidential for both the seller and the prospective buyer. All inquiries are held in strict confidence. Meetings are confidential, and we are available after hours and on weekends.
EMPIRE continually updates its business listings in order to offer buyers and future entrepreneurs options that suit their tastes and preferences, as well as their investment possibilities.
Anyone who has ever purchased a new home knows that an independent appraisal report had to be produced to complete the sale. A business is many times more complex. The key to having a viable valuation performed on a business is to have it performed by an independent third-party service.
Without a third party report, a business owner should be prepared for heavy negotiations because the opinion of value will be strictly based on the opinion of the Seller and Buyer. Here is where EMPIRE can assist you, as independently of making a professional business valuation, we act as a mediator between the personal interests of the Buyer and Seller.
This is because we have an internationally proven methodology, which we even corroborate with other valuation methods in case it is necessary.
One of the main activities we do in order to list a business is perform a professional valuation. However, when the price of a business is equal to or greater than $500,000 USD, a very detailed valuation is normally required by Buyers. At EMPIRE Business Brokers we have constantly produced more just prices and smoother sales when a professional report is presented as part of the business offering package than similar businesses produced that did not have the benefit of a comprehensive valuation report.
There are some cases in which the Buyer of a business doesn't trust the opinion of value prepared by the same Broker that promotes the business, due to the fact that he might think that he has a vested interest in handling a high price in order to obtain a higher commission. A Buyer will not have a whole lot of credibility for the value of a business determined by the business owner because of the same reason. In cases like these, EMPIRE Business Brokers uses the services of outside professionals in order to obtain a viewpoint that is neutral and different from the players involved in a business sale transaction.
At EMPIRE we have the resource of using the services of outside valuation professionals with whom we have worked together a methodology, in order to perform this service in a reliable manner.
If you require a professional valuation service contact us today: Contact Us