Affiliated with Hansell & Associates, Inc.
Bowling's only full service brokers, appraisers and financial advisors.
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Affiliated with Hansell & Associates, Inc. Bowling's only full service brokers, appraisers and financial advisors.
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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.
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. INDICATION OF VALUE This report is designed to provide a likely range of values to a proprietor considering the possibility of selling a center. This is an oral (not a written) report designed to enable a proprietor to make a preliminary assessment of the feasibility of selling the center and to decide if a sale would enable him/her to achieve his/her goals. In most cases this report can be based on a review of the center's financial statements and a telephone conference. If the owner ultimately lists the center for sale with Mischel & Company, the valuation fee will be credited against the ultimate sales commission. 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.
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