Business Valuation Service Cost

by a searcher

2 years ago

Hi all,

I'm in the process of purchasing a minority share in an established automotive repair facility in Southern California with approximately $2 million in annual revenue. We're at the point of having a valuation done on the business to establish the cost of equity, and the accountant came back with a business broker contact who has offered to perform the valuation for $1850. This is my first deal, and I really don't have a good concept of how much this service should cost...can anyone chime in and let me know if this is how much I should expect to pay?  Thanks for your help and feedback!

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intermediary from University of Florida

Please send me a private message if you are interseted in a valuation. I do professional valuations and have a cheap version and an expensive "full" report that is typically 50+ pages. It all depends on how in depth you want it.

1 month ago | like reply | 0 likes

intermediary from DePaul University

You're likely being offered a Broker Opinion of Value, which may be ok for you. My recommendation is to find someone who is accredited in business valuation, even if they're just providing an opinion of value. I have someone on staff who is accredited and our corporate office also has a valuation services group. You should be able to find someone fairly easily who is qualified.

3 months ago | like reply | 0 likes

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