Closely-held businesses being sold within or outside a family entity typically require an overall business valuation to accurately establish transition values.
A real estate appraisal is a vital component of this analysis. CPA’s and accountants, business transition specialists, and business brokers will typically want an appraisal from a qualified real estate appraiser to establish real estate values. Real estate may or may not be the biggest component of a business, but it is nearly always a major component and documenting the value of the real estate is important in deriving an overall business value for selling or transitioning to a new ownership entity.
An appraisal from an appraiser with the MAI designation will assist in this vital area.