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Question 6

Q: Is there a way that I can find the real value of my retail store in case I want to sell someday, without having a formal appraisal?

A: Yes there is. Don't believe those that tell you that it is almost impossible, is very subjective and that you need a "business appraiser" to find out. It's fairly easy and somewhat subjective, but you can do it yourself. This is not rocket science. You're appraising a business. Here we show you three typical methods for placing a value on a retail business for the purposes of selling it. After you study this section you will be able to determine an approximation of the value of your retail business to someone else. Not only that, we give ideas for structuring the sale.

(1,804 words)

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