ENLIGN Provides Business Valuation for Grammy Winning Heavy Metal Band

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 lawfirm 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, […]

September 12th, 2019|

ENLIGN Retained by Tennessee Entertainment Company

NASHVILLE, TN – Michael Fekkes, M&AMI, CBI, CEPA has announced that the firm has been retained by a profitable entertainment business to represent them in the sale of the company.  ENLIGN will provide business appraisal and valuation services, discreet business marketing and buyer qualification services, in addition to representing the seller in transaction negotiations.

News Facts:

  • ENLIGN Advisors has announced that the firm has been retained by a Tennessee entertainment business to represent them in the sale of the business.
  • The business, which specializes in events, parties, and catered occasions, has demonstrated solid financial performance over the years and is on track for repeated growth in the coming years.
  • For listing details, visit www.enlign.com/listings

Quotes:

“This desirable listing represents one of the many opportunities that ENLIGN has in Tennessee.  The southeast is experiencing considerable growth and we are facing a situation where we have more buyers than sellers.” stated Michael Fekkes, the Director of ENLIGN’s Nashville office.

Keywords:

ENLIGN, Business Brokers, Michael Fekkes, M&AMI, CBI, business, seller, exit planning, buyer, negotiation, valuation, marketing, Tennessee, TN, Nashville, entertainment, lifestyle, financing, acquisition, for sale

About ENLIGN Business Brokers:

ENLIGN Advisors, which has its headquarters in Raleigh, NC and regional offices in Charlotte, NC, Greensboro, NC and Nashville, TN, provides […]

December 6th, 2017|