Purpose of opinion of value is to provide an unbiased opinion of the fair market value of a carwash property based on the financial operating information for the previous three fiscal years and other considerations.

This is accomplished by recasting income and expenses to determine the free cash flow available to a new owner.  Preliminary value is calculated by applying an earnings multiple that reflect the risk associated with the continution of business operations.  Earnings multiple is determined with a process that evaluates 18 factors known to influence market values as well as real estate market and valuation trends.

100 percent value of the company is calculated by adjusting the preliminary value for any assets (real estate, depreciated F/F/E) and liabilities (i.e. oustanding warrants, vouchers).

To request opinion of value or discuss your specific needs, please contact Bob Roman at 727-723-9474 or bob@carwashadviser.com