The Chocolate Life

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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.

Mickey Miller

Tags: Selling, business, financial

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