Business Valuations/Sales
Your business is more than numbers on a spreadsheet. It is the culmination of years of hard work and sacrifice. Presidio and their evaluation partners, Rincon Controller and Tax Services, look at both the numbers and the legacy you’ve built.
Your valuation is Presidio’s guide to bringing you clients that match both your bottom line and core values. Then your legacy continues, even after you hand over the keys.
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Mercury Lounge - Case Study
When it became obvious we needed to sell our business during the Covid pandemic, we thought it would be near impossible, but, partnering with Blake at Presidio Commercial we soon felt at ease.
Blake was honest, attentive, and communicative. He listened to our ideas, gave great advice, and made a spot-on valuation of our business. Within days of listing, he had several interested parties. We worked as team to show the property and speak with clients together. He spent time with each perspective buyer going over details and showing them what a great investment the Mercury Lounge would be. Within six weeks he had a serious buyer and we agreed to start escrow. There were a few hiccups along the way, as expected in any business sale, but Blake kept on task and was able to keep things moving smoothly.
We appreciated his weekly, sometimes daily check ins, we always felt in the loop on what was happening and comforted in his positive attitude. Honestly, we do not know what we would have done without Blake; we can’t recommend him enough!
Jennifer and Pat Housh
Mercury Lounge, Goleta, CA
Closets Etc. - Case Study
Being an artist, Louise Gerber knew she had a talent for spatial organization but never realized how that might parlay into a business venture. However, after repeatedly helping her mother to organize her closet, her mother suggested to Louise that she open her own closet company. In reply Louise said “don’t tell me what to do, I know nothing about business.”
Flash forward…
37 years later, Louise decided it was time to semi-retire from her company Closets etc. which she created in 1984, the only local closet company in Santa Barbara. Louise’s company not only designs and builds storage for closets but also garage cabinets, pantries, bathroom vanities, entertainment centers, etc.
Louise called Presidio Commercial for help in marketing and selling her business and shortly after launching a national marketing campaign Presidio Commercial attracted several potential buyers from out of town. Soon thereafter, escrow closed allowing Louise to step out of ownership position and into designing, what she enjoys the most.
“After 37 years of designing, buying materials and paying bills I decided to sell the business and just do what I do best and enjoy the most; designing. Blake Andrews gave me what I thought was a fair valuation for the business and because of his marketing skills he attracted several potential buyers. Within a short time we were in escrow and soon thereafter successfully closed the deal. I highly recommend Blake Andrews at Presidio Commercial if you are interested in selling your business.”
– Louise Gerber, Closets Etc.