At Summit Salon Business Center, we believe it's never too early to plan your exit strategy. Succession planning is key to ensuring your brand’s legacy continues with a strong team of leaders who are ready to take the reins. By planning ahead, you protect the value of what you've built, maximize your return, and ensure a smooth transition-so your hard work continues to thrive long after you step away.
Company Valuations: Understanding Your Business's Worth & Planning for the Future
Whether you're preparing for future growth, considering selling your business, or looking to bring on key employees as shareholders, understanding your company’s value is a crucial step. Our Valuation Services provide the insights and guidance you need to make informed financial decisions, ensuring your business is positioned for long-term success.
We offer three valuation service options tailored to your specific needs:
Valuation Report & Review Call | $2500
- For Owners to learn their company’s worth.
- For Owners interested in preparing for the future and growing value.
- For Owners looking to sell 100%.
- For Owners required to have a valuation completed (e.g., shareholder buyout, dissolution of marriage).
- Includes 1-Hour Review Call
Succession Planning Package | $3500
- For Owners looking to bring on key employees as shareholders.
- For Owners interested in exploring exit strategies.
- Have a Coach explain the Valuation and full process to you and your potential shareholders.
- Includes 3 x 1-Hour Calls with a Succession Planning Specialist
- Includes Shareholder Agreement Template, NDA Template, Transaction Simulator and Amortization Schedules
1-Year Valuation Update & Review Call | $1000
- Update previous year Valuation Report with most recent Tax Return.
- Compare value growth from year to year.
- Provide up to date value to potential buyers.
- Includes 1-Hour Review Call
Ready to take the next step?
📩 Book your company valuation today by emailing Valuations@summitsalon.com
Valuation FAQs
Have questions about how a valuation works or what to expect?
Explore our FAQs to better understand the process, why it matters, and how to choose the right valuation package for your business goals.
Why should I get a valuation? +
- Understand your business's worth for succession planning or selling 100%
- Essential for legal purposes, such as shareholder buyouts or divorce settlements.
- Helps prepare for your future and plan an exit strategy
- Creating a shareholder program secures key employees to help grow your company and plan for retirement
When should I get a valuation done? +
- Start early, even if not actively planning a sale
- After receiving your Tax Return for the previous year
How much does the business valuation cost? +
- $2500 for the Valuation Report & Review Call
- $3500 for the Succession Planning Package
- $1000 for a 1-Year Update
- $300/Hour for Coaching with a Succession Planning Specialist
What’s included in the Valuation Report? +
- Enterprise and Equity (Fair Market) Values based on adjusted EBITDA (earnings before interest, tax, depreciation and amortization) over 2 years, using multiples of 3 and 5.
- Reconstructed Income Statements and Current Balance Sheet to calculate an adjusted EBITDA and Working Capital
- Notes on all adjustments made to normalize Net Income
What if my Tax Returns show a Net Loss? Will this affect my valuation? +
- A Net Loss may lead to a lower valuation, but the process can identify key areas to focus on in order to grow the value over time.
- Adjustments for non-recurring expenses or personal expenses are made, to normalize Net Income and may lead to a positive value.
- An asset sale may be recommended in such cases.
- Having a valuation completed early, even if it is negative, allows for more time to grow value and identify areas needing improvement prior to a sale.
I’m an Elite Community Member, do I get a discount? +
Elite Community Members receive an annual voucher for $300 off Financial Services which can be applied to Valuation Services or Monthly Bookkeeping Services
Can I redeem L’Oreal Level Loyalty Points towards the Valuation cost? +
Yes, we accept partial or full points
- $2500 = 166,667 Points
- $3500 = 233,334 Points
- $1000 = 66,667 Points
Do I need to sign any agreements before starting the process? +
Yes, a Valuation Contract Agreement ensures confidentiality, authorizes payment and outlines deliverables.
What is the Transaction Simulator, and how will it help me? +
- Assesses cash flow impacts for both buyer(s) and seller(s) based on sale price, interest rates and various other terms.
- Current Financial Statements are reviewed to estimate future dividends and Coach explains how a shareholder program would work
- Owners can see how internally financing a shareholder loan will look and understand how to succeed without requiring shareholders to go to a bank
How long does the valuation and succession planning process take? +
- Valuation: 2-4 weeks.
- Succession Planning Additional calls: 1-3 months based on complexity and Owner’s timeline.
How do I get started with the valuation or succession planning process? +
- Contact: valuations@summitsalon.com.
- Submit required documentation after receiving the Valuation Agreement and Checklist.
What information is required to complete the valuation? +
- Completed questionnaire.
- Previous 2 years of Financial Statements (Balance Sheet, Income Statement, Tax Returns).
- Current Financial Statements (Balance Sheet & Income Statement)
- Lease and loan details, if applicable.
Why is it important to have a clear exit strategy? +
- Ensures smooth transitions and maximizes business value.
- Protects legacy and continuity of the business.
Can you do a valuation on a company I am interested in buying? +
Yes, but requires financial documents and NDA from the current owner.