Explain The Methodology We Use
It's common for business brokers to perform a valuation and present you with a final number while providing very little insight into how they came up with the value. At Viking, we take the time to explain how we came to our valuation and address any questions or concerns before the sales process gets started.
Advice on Increasing Your Business’s Value
Having sold more than 800 businesses over the past 27+ years, Viking’s professionals have a wealth of experience from which to draw – and we’ve seen what tends to increase value as well as what can decrease value. We will provide actionable insights on how to improve your business’s value and make it more attractive to potential buyers.
Provide Access To Comparable Statistics
With our vast business sales experience, we have access to a great deal of comparable statistics from our own sales and transactions as well as sales that other brokers have completed. When someone asks us, “What do businesses of this type typically go for?” or “How does my business compare value-wise to similar businesses?”, we have answers.
Aim For Accuracy
Viking professionals have a keen understanding of business financials and which numbers truly matter. Following our valuation process, we are typically accurate within 4% of the business’s final selling price. In other words, when we give you a valuation for your business, the business normally sells for an amount that is 96% or more of our original valuation.
Insightful Business Valuation Process
At Viking, our intermediaries have firsthand experience in owning and building successful businesses. With personal knowledge of the challenges and dedication involved, we have assisted numerous business owners in achieving successful sales. This expertise has shaped our valuation model – a model that helps you achieve top dollar while increasing the likelihood of an effective sale.
Tax returns for the last 3 years Federal Tax Return
Interim Profit and Loss Statement (P&L), including balance sheet
Last 3 years Profit and Loss Statement (P&L), including balance sheet
Average value of inventory of saleable product on hand at any time of year
Copy of tax bill on real estate; if the real estate may be included in the sale
Copy of any real estate appraisal that is available
Thanks to the entire team for getting the sale of Home Design Decor magazine over the goal line. Everyone at Viking that I was involved with were top notch professionals. Greg performed with determination with a great balance as the deal-facilitator and counselor for the buyer. It certainly is a delicate balance.
Home Design & Decor Magazine
Our firm deals with business brokers a lot. The service, attention to detail and responsiveness we received from Larry Lawson and Viking Mergers & Acquisitions on our most recent acquisition was first rate. They are best in class when it comes to pulling a deal together in the best interests of buyers and sellers.
Community 1st Advisors
We appreciate all of Brad’s effort, along with those of his staff, in the sale of GrowMax. We are very pleased with the outcome and would not hesitate to use Viking Mergers & Acquisitions again!