How We Can Be of Service
We provide a full range of appraisal services from a Basic Letter Appraisal to a Management Information Analysis to a Certified Business Appraisal. There is a fixed fee for each level of service. To better assess your needs, we offer a free one-half hour consultation to review your particular assignment. Tangible asset and intellectual property valuations may be required as well. There is no obligation for this initial interview. Our standard fees for this services are listed below. The fees may need to be modified to compensate for the special characteristics of your assignment.
THE BUSINESS PURCHASE or SALE CONSULTATION involves the determination of true net profit or owner’s discretionary cash flow, a comparison to BIZCOMPS® market data, a premises lease review and determination of buyer’s return on investment or cash on cash return.
Total Fee $800.00
THE BASIC BUSINESS APPRAISAL involves the examination of one to three years’ profit/loss statements and the determination of adjusted net earnings. It does not include the verification of financial information supplied by the owner or verification of the value of fixtures furniture and equipment and is not suitable for Internal Revenue or Court purposes.
Total Fee $2,800.00
THE MANAGEMENT INFORMATION APPRAISAL is a computer based valuation that includes a review of 3 to 5 years’ financial statements, recasting of profit/loss statements to find discretionary profit, an analysis of the balance sheet and depreciation schedule including adjustment of machinery and equipment to Fair Market Value, the use of as many approaches to valuation as practical, reconciliation of the approaches used, application of minority or marketability discounts and a post valuation meeting with the client.
Total Fee $3,800.00
THE SHORT FORM BUSINESS APPRAISAL is a CERTIFIABLE appraisal that includes a statement of purpose and function, an analysis of national, local and industry economies, a review of 3 to 5 years’ financial statements, recasting of profit/ loss statements, recasting of profit/loss statements to find discretionary profit, an analysis of the balance sheet and depreciation schedule including adjustment of machinery and equipment to Fair Market Value, the use of as many approaches to valuation as practical, reconciliation of the approaches used, and a post valuation meeting with the client.
Total Fee $5,200.00
THE COMPREHENSIVE BUSINESS APPRAISAL is a CERTIFIED appraisal that includes a statement of purpose and function, an analysis of national, local and industry economies, a review of 3 to 5 years’ financial statements with comparison to tax returns, recasting of profit and loss statements, an analysis of the balance sheet and the depreciation schedule including adjustment of machinery and equipment to Fair Market Value, the use of as many approaches to valuation as practical including Discounted Future Earnings and Market Data or Guide Line Company approaches, reconciliation of approaches used, application of minority or marketability discounts, and a post valuation meeting.
Total Fee $8,500.00
Consulting Work $225.00 per hour
Expert Witness Testimony $375.00 per hour
FEES PAYABLE 50% ON ENGAGEMENT – THE BALANCE ON PRESENTATION
Most appraisals can be performed in 1 to 4 weeks from the date the required financials and other documents are received. On engagement, you will be given a document list based on the work required. Occasionally, after reviewing the initial documents, other documents will be required. Performance time is based on the actual time available to work once all documents are received. Every effort will be made to complete the appraisal by the agreed date.
Business Acquisitions and Sales
Introduction To Spectrum – website – spectrumcorporate.com
Spectrum Corporate Resources is a merger and acquisition intermediary and advisory firm providing a range of specialized professional services to middle-market companies. Spectrum offers a high level of service and resources typically only found in much larger investment banking firms, underscored by a commitment to personal attention. We call it: “Fortune 500 Service for Middle-Market Companies.”
At Spectrum, we believe that middle-market companies with revenues from $2 million to $100 million need and deserve the same level of service that larger firms enjoy. Since 1989 the Spectrum team has successfully offered client companies an exceptional blend of “street smart” negotiating skills, financial expertise and professional integrity. Our services include:
- MERGERS AND ACQUISITIONS
- FAIR MARKET VALUATIONS
- STRATEGIC ADVISORY AND CONSULTING
As a professional specialty, Spectrum offers a Client specific acquisition search service to operating companies, private investment groups, and/or high net-worth individuals. Instead of trying to pick from only a very limited number of companies listed for sale (usually less than 2% of all established businesses) a Spectrum Client Specific Acquisition Search focuses on the majority 98% who may consider selling to a qualified buyer. This very successful professional service allows Spectrum Clients to privately and discerningly select a specific company, in a non-competitive environment, and in a condensed period of time.
JACK R. SANDERS, CBA, CBI, CMEA, CVA
Certified Business Appraiser
Certified Business Intermediary
Certified Machinery & Equipment Appraiser
Certified Valuation Analyst
Jack Sanders is Managing Director of SPECTRUM CORPORATE RESOURCES, LLC, President of MidMarket Corporate Services, Inc. and President of Corporate M&A Advisors, Inc. He joined SPECTRUM CORPORATE RESOURCES as Senior Associate in 1997, specializing in middle-market mergers and acquisitions nationwide. He was promoted to President/Manager in 2001 and purchased the company in 2003. He has been an active full-time business intermediary since 1985. He has personally handled over 130 business transfers and has appraised over 1,450 businesses. His focus has been on manufacturing, wholesale/distribution and business to business service businesses. Prior to entering the business intermediary profession, Mr. Sanders was President and Chief Executive Officer of the PACIFIC ENGINEERS’ Companies, an engineering firm whose operations had over 250 employees in four subsidiaries and covered seven states, primarily providing engineered facilities to local and federal governmental agencies.
Mr. Sanders spent fifteen years with Page Olson Commercial Brokerage in San Diego, California, as a Broker Associate. He developed the capability of providing Certified Business Valuations for business owners and other authorities needing to place a value on the intangible assets of a business without an anticipated sale.
Mr. Sanders is also the author of the “BIZCOMPS®” studies, a leading authority on the market value of small and medium business in the United States and Canada. The studies contain actual transaction information on over 11,484 transactions and are marketed in both print and electronic form. He frequently gives presentations at professional seminars and conferences and is an instructor in educational courses leading to the Certified Business Intermediary designation.
Jack is a member of the Association for Corporate Growth, the Institute of Business Appraisers and the M&A Source. He has both Bachelors and Masters degrees in Business Administration.