Bowling's only full service
brokers, appraisers and financial advisors
VALUATION SERVICES
ESTIMATE OF LIKELY SALES PRICE -- DETAILED ANALYSIS
This is a complete and in-depth analysis of the center, including the location, market, facility, equipment, competitive situation and other factors. We thoroughly review financial statements, league schedules, the demographic composition of the population base in the market area, sales of comparable centers and other significant data. It presents our best opinion as to what the likely sales price would be if the center were placed for sale on the open market today. This is acceptable by most banks (except those which require an MAI designation), other financial institutions, the Internal Revenue Service, attorneys and C.P.A.’s. However, this report will not be suitable to support a bank loan in a "Federally-Related Transaction" regulated by FIRREA.
1. The fee for an Estimate of Likely Sales Price - Detailed Analysis, including a personal visit to inspect the property is $6,000.00, plus travel expenses.
2. If no personal visit is made and the valuation is based on documents submitted by the proprietor, the fee is $4,000.00.
ESTIMATE OF LIKELY SALES PRICE -- SUMMARY REPORT
This report is much more limited in scope. The analysis and discussion are briefer and less detailed, although the same material is reviewed. A Summary Report is appropriate for partner buy-outs, "comfort" for a bank with an outstanding loan, to establish a basis for gift taxes or estate tax planning, or to give some proprietor an indication of what his center would be worth if he were to sell it today.
1. The fee for an Estimate of Likely Sales - Summary Report price, including a personal visit to inspect the center is $4,000.00, plus expenses.
2. If no personal visit is made and the report is based on documents submitted by the proprietor, the fee is $2,500.00.
Fifty percent of valuation fees are payable upon acceptance of the assignment, with the balance due when the reports are submitted. Estimated travel expenses are payable in advance, with any adjustments in actual costs made with the final billing.
FEASIBILITY SERVICES
FEASIBILITY STUDY -- DETAILED ANALYSIS
This is a complete and in depth feasibility analysis including demographics, sanctioned bowling league activity, site information, existing competition, estimated costs, bowling industry information, risks and pro-formas. This will be accepted by most banks and other financial institutions, CPA's, etc. Please contact us for more information.
FEASIBILITY STUDY -- SUMMARY REPORT
This report is much more limited in scope. The analysis and discussion are briefer and less detailed, although the same material is reviewed. A Summary Report is appropriate for preliminary planning and investment groups, etc. Please contact us for more information.
CONSULTING SERVICES
We provide a wide range of consulting services to current or future bowling center owners. Please call and we will be happy to tailor a project for your specific needs. (619) 423-2001.
