I will be selling my small chocolate business, but I am unsure how to value it. I've read a lot online about selling and valuing businesses, but nothing seems similar enough to what I'm doing to serve as a good guide.
For equipment, packaging and fixtures, do I use the replacement cost? Or what I would be able to make if I had to liquidate? Seems like there should be value in coming into a business with stock and inventory in place.
Anyone been through this and have some pointers? One of my employees wants to buy the business; if that doesn't work, I have at least one other interested buyer. Right now I'm trying to get all my paperwork in order to present to a potential buyer, but obviously I also need a price.