News & Events
ENLIGN Provides Business Valuation For Grammy Winning Heavy Metal Band
ENLIGN DEAL TEAM | 09/12/2019
Raleigh, NC - ENLIGN Business Brokers has provided an Opinion of Value Report for a Grammy Award winning heavy metal band.
ENLIGN, calculated the Opinion of Value using the Discounted Cash Flow (DCF) method of business valuation. Considering revenue streams such as live performances, live performance merchandise sales, live performance bonuses, web store merchandise sales, recording contract advances, and royalty advances.
Merchandise sales include shirts, hats, cd's and other band memorabilia.
The calculation included imputing a Weighted Average Cost of Capital (WACC) as a discount rate to determine the net present values of the various cash flows. Several dozen assumptions were required and included in the multi-page worksheet that was subsequently referenced in the Opinion of Value Letter provided to the client.
A discount for lack of control was also applied.
"Valuing a entertainment entity, such as a heavy metal rock band, was certainly one of the more interesting projects we've been retained to complete." shared Jeff Snell, ENLIGN's founder and Principal Broker. The client was referred by their intellectual property and entertainment law firm based in New Orleans, LA. ENLIGN does not release financial details of opinion of value. For more information, visit ENLIGN's website.
Keywords: ENLIGN, Business Brokers, ENLIGN Advisors, Jeff Snell, heavy metal band, valuation, opinion of value, WACC, weighted cost of capital, net present value, discounted cash flow, DCF, method, band, entertainment, live performance, band valuation, music valuation, performer valuation, rock band ENLIGN Advisors, which has its headquarters in Raleigh, NC and regional offices in Charlotte, NC, Greensboro, NC, provides seller and buyer services, professional negotiation, and valuation and marketing services to small and medium business sellers and buyers. ENLIGN provides business owners wishing to sell their businesses with discrete, objective counsel and valuation advice implementing an innovative, comprehensive approach to marketing businesses for sale. Complete confidentiality is offered throughout the process. ENLIGN, which is a member of the International Business Brokers Association (IBBA), M&A Source (MAS) and the American Business Brokers Association (ABBA), requires that its agents and affiliates have owned a successful business of their own, hold an advanced degree and be members of IBBA working towards or having completed the Certified Business Intermediary (CBI) accreditation.
For more information about buying or selling a business or becoming an ENLIGN affiliate broker, contact Jeff Snell at email@example.com or visit the Web site at www.enlign.com.