Every business is unique...
...and so is arriving at a selling price for your business. Many factors affect selling price - market conditions, company assets and equipment, existing contracts, profitability, financing, location, portion of owner financing, company operating system and even owner's position in the scheme of things. And the list goes on.
At Corrigan Associates, we use several tools to arrive at an asking price for a business. We can run "comps" through our nationwide business broker network to see how much similar businesses have valued. Also, there are many industry standards and formulas that we can apply to various types of businesses. And of course there is our years of experience we will use to arrive at the best price for your business.
We also have a relationship with an accounting firm who specializes in business valuations for those times we need a third party valuation.
The goal is to get the best price for your business while still assuring the continued success for the new owners.
Contact us if you have a business for sale in NC and you want to discuss its value.
©2008 - Corrigan Associates - Corrigan Associates - 1556 Lake Road - Creedmoor, NC 27522 - Tel. (919) 771-4245 - Fax (919) 277-1717