It depends on a number of factors, including the strength of your bookstore business operations and financial performance. While there are a number of approaches to determine a fair range for a business, not all are appropriate for retail, plus there are some aspects of a bookstore business that make it different from other types of businesses.
Working in partnership with the CPA firm of Courson & Stam, we’ll apply valuation methods appropriate for bookstores and provide you with a price range for the business plus an explanation of the numbers. Paz & Associates provides an overview of the bookstore business operations and describes any investment needs and opportunities. This combination makes our business valuations far more than ratios calculated by an accountant.
Whether you’re a buyer or a seller, a business valuation will give you comfort in a fair price that can be professionally presented and explained. With a business valuation in hand … and Paz & Associates also available to facilitate the process and vet candidates … you can continue to focus your attention on keeping the business strong and saleable.
Call us to discuss your project.