What is your business actually worth?

Not a range off a calculator. A written valuation that shows every figure it used and where each one came from — prepared by a former Fortune 500 CFO.

$895 flat — the business, plus the building it sits in if you own it.

Built on closed transactions, not opinion
9,079
closed small-business sales
135
subsectors of comparable data
12
sections, every number traceable

Most owners find out what their business is worth when they are already selling it.

By then the number is being set by the person on the other side of the table. An owner who knows the figure two years early can still do something about it — and knows which changes are worth the trouble.

The difference

A valuation is not a number. It is the argument behind the number.

Anyone can produce a figure. What survives a buyer’s accountant is a document that shows its working.

What the rent adjustment is worthUncorrected total $2,054,233 against the corrected total $1,882,663.What the rent adjustment is worththe same 3.01× market multiple applied on both sides$0$1M$2M$3MIf the rent were left in — business $1,474,900If the rent were left in — building $579,333$2.05MIf the rent were left inthe building counted twiceAs concluded — business $1,303,330As concluded — building $579,333$1.88MAs concludedthe building counted onceBuildingBusinessa $172,000 overstatement
From a real report. The hatched portion is profit the business only appears to make, because it pays itself no rent — the single correction that moves most valuations, and the first thing a buyer’s accountant finds.
Inside the report

Twelve sections, each one showing its work

Section 4

What the business actually earns

Owner salary, one-off costs, and the rent a building would really command — corrected line by line.

Section 5

The multiple, and where it came from

What businesses in the same trade actually sold for, then the factors that move that number for this one — each priced.

Section 11

What would move this number

The changes worth making before a sale, each with what it is worth in dollars. The part owners read twice.

A page from a real report

Twenty-one pages, and every line reproduces the one below it

Not a certificate with a number on it. A document your accountant, your attorney and a buyer can all read the same way.

The cover of a Scheidemantle Commercial valuation report A page from a valuation report: the concluded value and the reasoning behind it
The exhibits

Every exhibit, and the arithmetic under it

Two of the twenty-one pages, reproduced exactly as they print.

The two approaches, and the conclusionMarket approach $1,303,330; income approach $1,155,804.The two approaches, and the conclusion$0$500K$1M$1.5MIncome approach: $1,155,804Income approach$1.16MMarket approach: $1,303,330Market approach$1.3Mcarries the conclusion$148K apart · 13%
Two approaches, one conclusion — and the report says plainly which one carries it and why, rather than splitting the difference and hoping nobody asks.
Section 8 — the real estateSpecimen
Market comparison
Sales comparison — 12,000 sq ft at $48 per square foot$576,000
Income comparison
Market rent — 12,000 sq ft at $4.75 per square foot, triple net$57,000
Less vacancy and management at 8 percent($4,560)
Net operating income$52,440
Income approach — capitalized at 9.0 percent$582,667
Conclusion
Concluded value — ($576,000 + $582,667) ÷ 2$579,333
The building is valued separately from the business, because they are two assets with two different buyers.
Try it

See what your number could be worth

Every valuation prices the changes worth making before a sale. Tap a change below and watch the value move.

Value of the business
$1,303,000
As it stands today
None of these require money — they require a decision. These figures come from one real valuation; yours would be priced against your own earnings.
How it works

Three steps

  1. 1

    Answer the questions

    Your financials, how the business is put together, and the things a buyer will ask about.

  2. 2

    The analysis is done

    Comparable closed sales set the starting point. Judgment about your business moves it from there.

  3. 3

    You get the report, and a conversation

    It opens in your own secure portal, where you can read it, print it, and give your accountant or attorney their own access.

Who does the work

Ron does the valuations. Sharon sells the properties.

Two disciplines, under one roof, for owners whose business and building have to be dealt with together.

Ron Them, who prepares every valuation
Ron Them
Business and property valuation

Former Fortune 500 chief financial officer. Performs every business and property valuation, and advises owners through the sale.

Sharon Scheidemantle, commercial real estate
Sharon Scheidemantle
Commercial real estate sales

Licensed Pennsylvania salesperson, Commercial Real Estate Certified, and a member of the Commercial Council. Handles the commercial listing and the sale.

Western Pennsylvania, and the businesses that built it

Manufacturers, contractors, distributors and service companies across Allegheny, Beaver and Butler counties — most of them owned by the person who started them, and most of them about to change hands one way or another.

Who this is for

Three people need this number

Business owners

Owners of a business, a building, or both, who want to know what it is worth and what it would realistically sell for.

Advisors to those owners

Accountants, attorneys, financial advisors and business consultants working a client’s succession, buy‑sell, estate or tax planning.

Residential agents

Agents whose client owns a business or commercial property, and who would rather not learn commercial on that client’s deal.

Know the number while there is still time to change it

A written valuation of your business and, where you own it, the building it sits in. $895.