The first step you should take when you are going to take a business listing, it is to differentiate clearly the current owne'r discretionary earnings. Most of the time these earnings are hidden and they do adversely affect the value of the business.
JM Padron, CCIM
| OWNERS' DISCRETIONARY EARNINGS | |||||||||||
| Date: | 2/2/2009 | ||||||||||
| Business Name: | |||||||||||
| Recast from: | 2008 | 2007 | 2006 | ||||||||
| Owner's salary, if included in expenses | $ - | $ - | $ - | ||||||||
| Owner's personal benefits, if included in expenses | |||||||||||
| Owner's auto | $ - | $ - | $ - | ||||||||
| Owner's travel and entertainment | |||||||||||
| Owner's insurance | $ - | $ - | $ - | ||||||||
| Owner's payroll taxes | |||||||||||
| Owner's other personal benefits and perks | |||||||||||
| "Non-real" salaries | |||||||||||
| Family benefits | |||||||||||
| Non-essential business expenses | |||||||||||
| Telephone | |||||||||||
| Utilities | |||||||||||
| Legal | |||||||||||
| Accounting | |||||||||||
| Other products/services | |||||||||||
| Rent adjustment | |||||||||||
| Non-recurring expense | |||||||||||
| Non-cash expenses | |||||||||||
| Depreciation | $ - | $ - | $ - | ||||||||
| Amortization | |||||||||||
| Interest/Late charges | $ - | $ - | $ - | ||||||||
| Other (explain) | |||||||||||
| Total Adjustments | $ - | $ - | $ - | ||||||||
| Net profit/(loss) from Tax Return | P & L | $ - | $ - | $ - | |||||||
| = 'OWNERS'' DISCRETIONARY EARNINGS' | $ - | $ - | $ - | ||||||||
| The above information has been secured from the Seller. REMAX Commercial Associates | |||||||||||
| in no way guarantees the accuracy of such information, nor does it warrant any assumptions as |
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