PeerComps Blog
6 Tips for Getting an Accurate Business Valuation
Determining the value of one’s company is an important aspect for any business. In order for you to get an accurate business valuation analysis, there are a few aspects to consider. Consult a Business Valuation Firm An experienced business valuation firm can work with you throughout every s...Read More
Coin Laundries Pack a Value Punch
Darren Mize, ASA While small and simple, these businesses pack a “value” punch averaging 3.43 x SDE. Why the high multiples? Recession proof: even in a down economy, people need clean clothes Requires one employee: the owner Minimal management: emptying coin slots and keeping ...Read More
Determining the Credibility of Market Comps
Darren Mize, ASA and Doug Teten So how do you determine the credibility of data when using a comparable sales database? At GCF our appraisers like to analyze comps using what's called the R-Squared Method and we decided to apply that method against some of our own PeerComps data. The R-Squar...Read More