Editable Comments (/750)

SUMMARY PERFORMANCE SCORES

Based on your inputs, the Industry Financial Report calculates the percentage difference (variance) between client ratios and the industry average for the selected industry peer group. Your firm performance on each ratio is scored on a 1-5 scale (5 being best) for each year displayed in the report. The scoring approach depends on the specific scored ratio. You can find a detailed explanation for each at the end of this report.

The value of peer comparisons with your business depends on the accuracy and completeness of the firm financial information that is being entered. The more detail that you provide, the more comprehensive and meaningful the benchmark.

For each ratio, the score for those years selected from the most recent three calendar years is averaged and integrated into a Ratio Category Score. The Score for each of the four categories (Cash Flow/Solvency; Profitability; Efficiency; Debt-Risk) are then averaged to produce an Overall Score.

Summary Scores (2015-2016-2017-2018) (Scale 1-5)

OVERALL TOTAL SCORE:
3.35
RATIO CATEGORY SCORES
CASH FLOW/ SOLVENCY:
3.47
PROFITABILITY:
4.13
EFFICIENCY:
3.57
DEBT-RISK:
2.24

RATIO CATEGORIES

The Bizminer Industry Financial Report is based on selected financial ratios that are typically considered to be Key Performance Indicators (KPIs) which includes:

Cash Flow/Solvency: Cash Flow ratios indicate a company’s ability to meet various levels of demand on cash and easily obtainable cash resources against current and anticipated near-term payments due.

Profitability: Profitability ratios compare levels of return against various expense and balance sheet components to measure your performance against reasonable industry peer group standards, indicating bottom line performance,

Efficiency: Efficiency ratios measure your success in marshalling resources at hand to effectively manage various components of your business operations. These indicators often point most specifically toward actions that could enhance your bottom line.

Debt-Risk: Debt-Risk ratios assess the appropriateness of a firm’s level of debt against the ability to pay, as well as the risk of insolvency.


WORTH YOUR FOCUS:

Ratio Category scores are simply a reflection of the more focused individual ratios that they include. Any ratios that score below 3.0 should be examined closely for weaknesses in management or performance that could be improved with reasonable effort and expense. While you should work with a qualified advisor to obtain specific guidance, we’ve flagged these areas for attention:

Red flag image Current Liabilities: Net Worth 1.00
Red flag image Long-Term Liabilities: Net Worth 1.00
Red flag image Total Liabilities: Net Worth 1.00

GET THE MOST OUT OF YOUR INDUSTRY FINANCIAL REPORT

The Bizminer Industry Financial Report presents detailed information to help you understand any firm’s position relative to the financial performance of similar firms in the industry. If you input your firm financials, comparison of dollar, percentage and financial ratio performance become an even more powerful benchmark of firm performance against industry standards. The results can help you understand your industry and become an important part of your toolkit that helps to guide management decisions. If you aren’t already, consider working with a qualified advisor to obtain personalized guidance.

To assist you, the report includes definitions of most line items and ratios; and (if you take advantage of the inputs tool) a simple scoring interface that compares your firm and the industry peer group you selected.


YOUR INDUSTRY PEER GROUP

When you accessed your Industry Financial Report, you selected a comparison peer group that most closely represents the character of your firm.

Firms Analyzed
2015 37
2016 34
2017 33
2018 36
2019 39

Your peers are determined through a series of criteria and can include your selections of:

  • Industry Segment (of 5000 classifications)
  • Market Area (US- State-Metro)
  • Sales Class (of 15 available)
  • Time Series (1-5 year display options)

YOUR INDUSTRY IN CONTEXT: THE NAICS CLASSIFICATION SYSTEM

The industry your selected fits within the official NAICS (North American Industry Classification System) and Bizminer’s proprietary taxonomy, which breaks out more detailed industries classifications than NAICS by adding up to eight decimal digits after the NAICS-6 code. The industry you selected fits into this industry hierarchy:

- NAICS 23: Construction
- NAICS 238: Specialty Trade Contractors
- NAICS 2382: Building Equipment Contractors
- NAICS 238220: Plumbing, Heating, and Air-Conditioning Contractors

RATIO CATEGORIES

The Bizminer Industry Financial Report is based on selected financial ratios that are typically considered to be Key Performance Indicators (KPIs) which includes:

Cash Flow/Solvency: Cash Flow ratios indicate a company’s ability to meet various levels of demand on cash and easily obtainable cash resources against current and anticipated near-term payments due.

Profitability: Profitability ratios compare levels of return against various expense and balance sheet components to measure your performance against reasonable industry peer group standards, indicating bottom line performance,

Efficiency: Efficiency ratios measure your success in marshalling resources at hand to effectively manage various components of your business operations. These indicators often point most specifically toward actions that could enhance your bottom line.

Debt-Risk: Debt-Risk ratios assess the appropriateness of a firm’s level of debt against the ability to pay, as well as the risk of insolvency.

If you submit corresponding inputs, ratios will be scored against industry values for the most recent three calendar years.


CUSTOMIZE YOUR REPORT

Customize any Bizminer Industry Financial Report with these options: Co-brand with your name and logo (and/or your client’s); input and benchmark firm financials; specify tables, ratios and years you want to display. Display options are On by default.

Inputs are not required; however, inputting the requested metrics will result in a more robust report. We do not use, access, sell or distribute any data you might input.

Configure Display

Check To Display Content Years
Check To Display Metrics
Check Ratios For Display
Scored ratios shown below in blue. Check All Uncheck All
Developer-Client Display (optional)
Developer Name:
Developer Phone:
Developer Email:
Developer Logo: Developer logo image

(maximum dimensions of 800px x 800px): PNG, JEG, JEPG, GIF)

Client Name:
Client Logo: Client logo image

(maximum dimensions of 800px x 800px): PNG, JEG, JEPG, GIF)

Input Firm Benchmark Data

Data Input Upload:

  1. Download the BizMiner Industry Financial Input 5-year Template and save it offline as a CSV file.
  2. Populate the template offline.
  3. Select the Choose File or Browse button to find the populated CSV file on your device.
  4. Use the Upload Inputs button to complete the process.
  5. Generate the report. Your financials will be integrated; percentages, summary line items and ratios will auto-calculate.

Manual Inputs:

* Please do not use periods, dollar signs, or characters. Commas are automatically added.
Income Statement
2015
2016
2017
2018
2019
Business Revenue *(Required)
Cost of Sales - Labor Portion
Gross Margin *(Required)
Officers Comp.
Salary-Wages
Rent
Taxes Paid
Advertising
Benefits-Pensions
Repairs
Bad Debt
Sales, General, Admin & Misc.
Amortization Depreciation Depletion
Interest Income
Interest Expense
Other Income
Income Tax
Balance Sheet
2015
2016
2017
2018
2019
Assets
Cash
Receivables
Inventory
Other Current Assets
Gross Fixed Assets
Accum. Depreciation-Amortization-Depltn.
Net Fixed Assets
Other Non-Current Assets
Liabilities
Accounts Payable
Loans/Notes Payable
Other Current Liabilities
Total Long Term Liabilities
Other
2015
2016
2017
2018
2019
FTE Employees
Avg. Annual Wage
Editable Comments (/750)

Income & Expense-Profit & Loss ($)

Industry
  2015 2016 2017 2018 2019
Business Revenue 1,696,498 1,442,023 1,658,327 1,757,376 1,565,420
Cost of Sales 978,540 833,057 955,030 1,004,341 866,773
Cost of Sales - Labor Portion 386,522 325,832 369,832 372,902 307,984
Gross Margin 717,958 608,966 703,297 753,035 698,647
Officers Comp. 121,130 103,848 121,887 127,586 125,703
Salary-Wages 160,828 137,848 161,687 169,235 149,654
Rent 33,591 28,891 33,830 35,675 32,561
Taxes Paid 54,967 47,154 55,388 57,993 41,014
Advertising 15,268 13,171 15,422 16,168 12,993
Benefits-Pensions 44,618 38,267 44,775 46,922 43,049
Repairs 9,331 7,931 9,287 9,666 7,984
Bad Debt 1,188 991 1,161 1,230 1,409
Sales, General, Admin & Misc. 157,605 132,631 155,551 162,909 136,348
EBITDA 119,432 98,234 104,309 125,651 147,932
Amortization Depreciation Depletion 20,358 17,420 20,397 21,440 23,325
Operating Expenses 618,884 528,152 619,385 648,824 574,040
Operating Income 99,074 80,814 83,912 104,211 124,607
Interest Income 339 283 332 351 313
Interest Expense 6,107 5,382 6,302 6,678 7,357
Other Income 4,241 3,749 4,146 4,745 5,166
Pre-Tax Net Profit 97,547 79,464 82,088 102,629 122,729
Income Tax 21,416 15,314 16,160 21,552 25,773
After Tax Net Profit 76,131 64,150 65,928 81,077 96,956
Discretionary Owner Earnings 217,619 185,418 208,212 230,103 245,984

Income & Expense-Profit & Loss ($)

Foundation Plumbing
  2015 2016 2017 2018 2019
Business Revenue 1,718,455 1,736,918 1,749,451 1,612,441 1,599,085
Cost of Sales 1,013,071 1,016,144 1,007,072 928,251 1,007,518
Cost of Sales - Labor Portion 534,937 572,026 580,916 569,529 492,732
Gross Margin 705,384 720,774 742,379 684,190 591,567
Officers Comp. 106,289 110,225 116,091 98,334 80,661
Salary-Wages 147,964 153,195 160,814 158,955 130,815
Rent 33,167 34,324 35,928 34,635 27,157
Taxes Paid 54,620 56,438 59,117 48,163 42,448
Advertising 13,824 14,367 15,130 22,990 18,289
Benefits-Pensions 44,597 46,010 48,075 39,258 27,463
Repairs 7,493 7,714 8,137 10,147 2,998
Bad Debt 3,565 3,593 3,622 7,471 4,169
Sales, General, Admin & Misc. 162,061 164,133 171,385 138,237 129,912
EBITDA 131,804 130,775 124,080 126,000 127,655
Amortization Depreciation Depletion 19,099 19,760 20,652 24,189 14,160
Operating Expenses 592,679 609,759 638,951 582,379 478,072
Operating Income 112,705 111,015 103,428 101,811 113,495
Interest Income 575 583 591 565 529
Interest Expense 6,729 7,055 7,401 6,902 5,728
Other Income 4,619 4,898 4,824 8,956 3,740
Pre-Tax Net Profit 111,170 109,441 101,442 104,430 112,036
Income Tax 25,306 24,563 21,575 22,609 25,575
After Tax Net Profit 85,864 84,878 79,867 81,821 86,461
Discretionary Owner Earnings 236,558 239,426 238,185 226,953 206,857
Editable Comments (/750)
Industry Expenses: Sales 2019

Foundation Plumbing Expenses: Sales 2019

Industry Owner Earnings: Sales 2019

Foundation Plumbing Owner Earnings: Sales 2019

Editable Comments (/750)

Variance from Industry

  2015 2016 2017 2018 2019
Business Revenue 2.38% 20.45% 5.49% -8.25% 2.15%
Cost of Sales 3.84% 21.98% 5.45% -7.58% 16.24%
Cost of Sales - Labor Portion 47.99% 75.56% 57.08% 52.73% 59.99%
Gross Margin 0.39% 18.36% 5.56% -9.14% -15.33%
Officers Comp. -9.00% 6.14% -4.76% -22.93% -35.83%
Salary-Wages -4.75% 11.13% -0.54% -6.07% -12.59%
Rent 2.18% 18.81% 6.20% -2.92% -16.60%
Taxes Paid 2.68% 19.69% 6.73% -16.95% 3.50%
Advertising -5.90% 9.08% -1.89% 42.19% 40.76%
Benefits-Pensions 3.12% 20.23% 7.37% -16.33% -36.21%
Repairs -17.33% -2.74% -12.38% 4.98% -62.45%
Bad Debt 202.44% 262.56% 211.97% 507.40% 195.88%
Sales, General, Admin & Misc. 4.14% 23.75% 10.18% -15.14% -4.72%
EBITDA 9.50% 33.13% 18.95% 0.28% -13.71%
Amortization Depreciation Depletion -2.94% 13.43% 1.25% 12.82% -39.29%
Operating Expenses -1.47% 15.45% 3.16% -10.24% -16.72%
Operating Income 12.05% 37.37% 23.26% -2.30% -8.92%
Interest Income 71.98% 106.01% 78.01% 60.97% 69.01%
Interest Expense 15.52% 31.09% 17.44% 3.35% -22.14%
Other Income 15.49% 30.65% 16.35% 88.75% -27.60%
Pre-Tax Net Profit 12.19% 37.72% 23.58% 1.75% -8.71%
Income Tax 14.69% 60.40% 33.51% 4.90% -0.77%
After Tax Net Profit 11.49% 32.31% 21.14% 0.92% -10.82%
Discretionary Owner Earnings 10.02% 29.13% 14.40% -1.37% -15.91%
Editable Comments (/750)

Income & Expense-Profit & Loss (%)

Industry
  2015 2016 2017 2018 2019
Business Revenue 100% 100% 100% 100% 100%
Cost of Sales 57.68% 57.77% 57.59% 57.15% 55.37%
Cost of Sales - Labor Portion 22.78% 22.60% 22.30% 21.22% 19.67%
Gross Margin 42.32% 42.23% 42.41% 42.85% 44.63%
Officers Comp. 7.14% 7.20% 7.35% 7.26% 8.03%
Salary-Wages 9.48% 9.56% 9.75% 9.63% 9.56%
Rent 1.98% 2.00% 2.04% 2.03% 2.08%
Taxes Paid 3.24% 3.27% 3.34% 3.30% 2.62%
Advertising 0.90% 0.91% 0.93% 0.92% 0.83%
Benefits-Pensions 2.63% 2.65% 2.70% 2.67% 2.75%
Repairs 0.55% 0.55% 0.56% 0.55% 0.51%
Bad Debt 0.07% 0.07% 0.07% 0.07% 0.09%
Sales, General, Admin & Misc. 9.29% 9.20% 9.38% 9.27% 8.71%
EBITDA 7.04% 6.82% 6.29% 7.15% 9.45%
Amortization Depreciation Depletion 1.20% 1.21% 1.23% 1.22% 1.49%
Operating Expenses 36.48% 36.62% 37.35% 36.92% 36.67%
Operating Income 5.84% 5.61% 5.06% 5.93% 7.96%
Interest Income 0.02% 0.02% 0.02% 0.02% 0.02%
Interest Expense 0.36% 0.37% 0.38% 0.38% 0.47%
Other Income 0.25% 0.26% 0.25% 0.27% 0.33%
Pre-Tax Net Profit 5.75% 5.51% 4.95% 5.84% 7.84%
Income Tax 1.26% 1.06% 0.97% 1.23% 1.65%
After Tax Net Profit 4.49% 4.46% 3.98% 4.61% 6.19%
Discretionary Owner Earnings 12.83% 12.86% 12.56% 13.09% 15.71%

Income & Expense-Profit & Loss (%)

Foundation Plumbing
  2015 2016 2017 2018 2019
Business Revenue 100% 100% 100% 100% 100%
Cost of Sales 58.95% 58.50% 57.57% 57.57% 63.01%
Cost of Sales - Labor Portion 31.13% 32.93% 33.21% 35.32% 30.81%
Gross Margin 41.05% 41.50% 42.43% 42.43% 36.99%
Officers Comp. 6.19% 6.35% 6.64% 6.10% 5.04%
Salary-Wages 8.61% 8.82% 9.19% 9.86% 8.18%
Rent 1.93% 1.98% 2.05% 2.15% 1.70%
Taxes Paid 3.18% 3.25% 3.38% 2.99% 2.65%
Advertising 0.80% 0.83% 0.86% 1.43% 1.14%
Benefits-Pensions 2.60% 2.65% 2.75% 2.43% 1.72%
Repairs 0.44% 0.44% 0.47% 0.63% 0.19%
Bad Debt 0.21% 0.21% 0.21% 0.46% 0.26%
Sales, General, Admin & Misc. 9.43% 9.45% 9.80% 8.57% 8.12%
EBITDA 7.67% 7.53% 7.09% 7.81% 7.98%
Amortization Depreciation Depletion 1.11% 1.14% 1.18% 1.50% 0.89%
Operating Expenses 34.49% 35.11% 36.52% 36.12% 29.90%
Operating Income 6.56% 6.39% 5.91% 6.31% 7.10%
Interest Income 0.03% 0.03% 0.03% 0.04% 0.03%
Interest Expense 0.39% 0.41% 0.42% 0.43% 0.36%
Other Income 0.27% 0.28% 0.28% 0.56% 0.23%
Pre-Tax Net Profit 6.47% 6.30% 5.80% 6.48% 7.01%
Income Tax 1.47% 1.41% 1.23% 1.40% 1.60%
After Tax Net Profit 5.00% 4.89% 4.57% 5.07% 5.41%
Discretionary Owner Earnings 13.77% 13.78% 13.61% 14.08% 12.94%
Editable Comments (/750)
Industry Owner Earnings: Sales 2019

Foundation Plumbing Owner Earnings: Sales 2019

Editable Comments (/750)

Variance from Industry

  2015 2016 2017 2018 2019
Business Revenue 0.00% 0.00% 0.00% 0.00% 0.00%
Cost of Sales 1.42% 1.26% -0.03% 0.73% 13.80%
Cost of Sales - Labor Portion 44.56% 45.71% 48.92% 66.45% 56.63%
Gross Margin -1.94% -1.73% 0.05% -0.98% -17.12%
Officers Comp. -11.06% -11.81% -9.66% -15.98% -37.24%
Salary-Wages -6.96% -7.74% -5.74% 2.39% -14.44%
Rent 0.00% -1.00% 0.49% 5.91% -18.27%
Taxes Paid 0.31% -0.61% 1.20% -9.39% 1.15%
Advertising -7.78% -8.79% -7.53% 55.43% 37.35%
Benefits-Pensions 0.76% 0.00% 1.85% -8.99% -37.45%
Repairs -20.00% -20.00% -16.07% 14.55% -62.75%
Bad Debt 200.00% 200.00% 200.00% 557.14% 188.89%
Sales, General, Admin & Misc. 1.72% 2.72% 4.48% -7.55% -6.77%
EBITDA 6.96% 10.41% 12.72% 9.23% -15.56%
Amortization Depreciation Depletion -5.00% -5.79% -4.07% 22.95% -40.27%
Operating Expenses -3.76% -4.12% -2.22% -2.17% -18.46%
Operating Income 9.42% 13.90% 16.80% 6.41% -10.80%
Interest Income 50.00% 50.00% 50.00% 100.00% 50.00%
Interest Expense 13.89% 10.81% 10.53% 13.16% -23.40%
Other Income 12.00% 7.69% 12.00% 107.41% -30.30%
Pre-Tax Net Profit 9.57% 14.34% 17.17% 10.96% -10.59%
Income Tax 11.90% 33.02% 26.80% 13.82% -3.03%
After Tax Net Profit 8.91% 9.64% 14.82% 9.98% -12.60%
Discretionary Owner Earnings 7.40% 7.15% 8.36% 7.56% -17.63%
Editable Comments (/750)

Balance Sheet ($)

Industry
  2015 2016 2017 2018 2019
Cash 104,069 80,144 109,018 116,151 106,175
Receivables 116,566 89,782 122,061 130,214 128,485
Inventory 27,250 21,005 28,554 30,432 30,732
Other Current Assets 13,751 10,598 14,409 15,355 14,903
Total Current Assets 261,636 201,529 274,042 292,152 280,295
Gross Fixed Assets 515,868 391,604 549,785 516,107 538,838
Accum. Depreciation-Amortization-Depltn. 418,145 317,421 445,637 410,562 436,764
Net Fixed Assets 97,723 74,183 104,148 105,523 102,094
Other Non-Current Assets 58,591 44,480 62,463 63,423 58,535
Total Assets 417,950 320,192 440,653 461,098 440,924
Accounts Payable 61,606 46,780 63,630 64,554 64,639
Loans/Notes Payable 23,656 17,867 23,707 26,144 22,311
Other Current Liabilities 49,109 36,982 51,292 53,487 54,498
Total Current Liabilities 134,371 101,629 138,629 144,185 141,448
Total Long Term Liabilities 79,410 60,837 83,680 78,940 78,749
Total Liabilities 213,781 162,466 222,309 223,125 220,197
Net Worth 204,169 157,726 218,344 237,973 220,727
Total Liabilities & Net Worth 417,950 320,192 440,653 461,098 440,924

Balance Sheet ($)

Foundation Plumbing
  2015 2016 2017 2018 2019
Cash 94,771 87,043 107,535 85,349 89,801
Receivables 110,587 101,697 125,244 96,277 99,257
Inventory 29,507 27,448 32,955 23,224 24,285
Other Current Assets 15,316 14,291 17,032 11,646 10,787
Total Current Assets 250,181 230,479 282,766 216,496 224,130
Gross Fixed Assets 470,095 428,411 537,382 502,101 518,455
Accum. Depreciation-Amortization-Depltn. 371,506 338,377 424,833 408,946 422,327
Net Fixed Assets 88,338 79,783 102,298 82,904 85,877
Other Non-Current Assets 50,424 45,145 58,972 44,198 43,856
Total Assets 388,943 355,407 444,036 343,598 353,863
Accounts Payable 63,165 57,646 69,943 55,898 58,045
Loans/Notes Payable 23,840 21,604 25,646 18,682 19,672
Other Current Liabilities 50,213 45,435 56,239 43,900 42,429
Total Current Liabilities 137,218 124,685 151,828 118,480 120,146
Total Long Term Liabilities 82,892 76,479 93,491 76,001 79,830
Total Liabilities 220,110 201,164 245,319 194,481 199,976
Net Worth 168,833 154,243 198,717 149,117 153,887
Total Liabilities & Net Worth 388,943 355,407 444,036 343,598 353,863
Editable Comments (/750)
Industry Assets 2019

Foundation Plumbing Assets 2019

Industry Liabilities 2019

Foundation Plumbing Liabilities 2019

Editable Comments (/750)

Variance from Industry

  2015 2016 2017 2018 2019
Cash -16.36% 8.61% -1.36% -26.52% -15.42%
Receivables -12.76% 13.27% 2.61% -26.06% -22.75%
Inventory 0.73% 30.67% 15.41% -23.69% -20.98%
Other Current Assets 3.93% 34.85% 18.20% -24.15% -27.62%
Total Current Assets -11.91% 14.37% 3.18% -25.90% -20.04%
Gross Fixed Assets -16.95% 9.40% -2.26% -2.71% -3.78%
Accum. Depreciation-Amortization-Depltn. -19.08% 6.60% -4.67% -0.39% -3.31%
Net Fixed Assets -18.36% 7.55% -1.78% -21.44% -15.88%
Other Non-Current Assets -22.95% 1.50% -5.59% -30.31% -25.08%
Total Assets -14.96% 11.00% 0.77% -25.48% -19.75%
Accounts Payable -6.43% 23.23% 9.92% -13.41% -10.20%
Loans/Notes Payable -8.67% 20.92% 8.18% -28.54% -11.83%
Other Current Liabilities -7.48% 22.86% 9.64% -17.92% -22.15%
Total Current Liabilities -7.21% 22.69% 9.52% -17.83% -15.06%
Total Long Term Liabilities -3.69% 25.71% 11.72% -3.72% 1.37%
Total Liabilities -5.90% 23.82% 10.35% -12.84% -9.18%
Net Worth -24.45% -2.21% -8.99% -37.34% -30.28%
Total Liabilities & Net Worth -14.96% 11.00% 0.77% -25.48% -19.75%
Editable Comments (/750)

Balance Sheet (%)

Industry
  2015 2016 2017 2018 2019
Cash 24.90% 25.03% 24.74% 25.19% 24.08%
Receivables 27.89% 28.04% 27.70% 28.24% 29.14%
Inventory 6.52% 6.56% 6.48% 6.60% 6.97%
Other Current Assets 3.29% 3.31% 3.27% 3.33% 3.38%
Total Current Assets 62.60% 62.94% 62.19% 63.36% 63.57%
Gross Fixed Assets 123.43% 122.30% 124.77% 111.93% 122.21%
Accum. Depreciation-Amortization-Depltn. 100.05% 99.13% 101.13% 89.04% 99.06%
Net Fixed Assets 23.38% 23.17% 23.63% 22.89% 23.15%
Other Non-Current Assets 14.02% 13.89% 14.18% 13.75% 13.28%
Total Assets 100.00% 100.00% 100.00% 100.00% 100.00%
Accounts Payable 14.74% 14.61% 14.44% 14.00% 14.66%
Loans/Notes Payable 5.66% 5.58% 5.38% 5.67% 5.06%
Other Current Liabilities 11.75% 11.55% 11.64% 11.60% 12.36%
Total Current Liabilities 32.15% 31.74% 31.46% 31.27% 32.08%
Total Long Term Liabilities 19.00% 19.00% 18.99% 17.12% 17.86%
Total Liabilities 51.15% 50.74% 50.45% 48.39% 49.94%
Net Worth 48.85% 49.26% 49.55% 51.61% 50.06%
Total Liabilities & Net Worth 100.00% 100.00% 100.00% 100.00% 100.00%

Balance Sheet (%)

Foundation Plumbing
  2015 2016 2017 2018 2019
Cash 24.37% 24.49% 24.22% 24.84% 25.38%
Receivables 28.43% 28.61% 28.21% 28.02% 28.05%
Inventory 7.59% 7.72% 7.42% 6.76% 6.86%
Other Current Assets 3.94% 4.02% 3.84% 3.39% 3.05%
Total Current Assets 64.32% 64.85% 63.68% 63.01% 63.34%
Gross Fixed Assets 120.86% 120.54% 121.02% 146.13% 146.51%
Accum. Depreciation-Amortization-Depltn. 95.52% 95.21% 95.68% 119.02% 119.35%
Net Fixed Assets 22.71% 22.45% 23.04% 24.13% 24.27%
Other Non-Current Assets 12.96% 12.70% 13.28% 12.86% 12.39%
Total Assets 100.00% 100.00% 100.00% 100.00% 100.00%
Accounts Payable 16.24% 16.22% 15.75% 16.27% 16.40%
Loans/Notes Payable 6.13% 6.08% 5.78% 5.44% 5.56%
Other Current Liabilities 12.91% 12.78% 12.67% 12.78% 11.99%
Total Current Liabilities 35.28% 35.08% 34.19% 34.48% 33.95%
Total Long Term Liabilities 21.31% 21.52% 21.05% 22.12% 22.56%
Total Liabilities 56.59% 56.60% 55.25% 56.60% 56.51%
Net Worth 43.41% 43.40% 44.75% 43.40% 43.49%
Total Liabilities & Net Worth 100.00% 100.00% 100.00% 100.00% 100.00%
Editable Comments (/750)
Industry Assets 2019

Foundation Plumbing Assets 2019

Industry Liabilities 2019

Foundation Plumbing Liabilities 2019

Editable Comments (/750)

Variance from Industry

  2015 2016 2017 2018 2019
Cash -1.65% -2.16% -2.10% -1.39% 5.40%
Receivables 2.58% 2.03% 1.84% -0.78% -3.74%
Inventory 18.40% 17.68% 14.51% 2.42% -1.58%
Other Current Assets 22.19% 21.45% 17.43% 1.80% -9.76%
Total Current Assets 3.59% 3.03% 2.40% -0.55% -0.36%
Gross Fixed Assets -2.34% -1.44% -3.01% 30.55% 19.88%
Accum. Depreciation-Amortization-Depltn. -4.84% -3.95% -5.39% 33.67% 20.48%
Net Fixed Assets -3.98% -3.11% -2.50% 5.42% 4.84%
Other Non-Current Assets -9.42% -8.57% -6.35% -6.47% -6.70%
Total Assets 0.00% 0.00% 0.00% 0.00% 0.00%
Accounts Payable 10.04% 11.02% 9.07% 16.21% 11.87%
Loans/Notes Payable 7.42% 8.96% 7.43% -4.06% 9.88%
Other Current Liabilities 8.77% 10.65% 8.85% 10.17% -2.99%
Total Current Liabilities 9.11% 10.52% 8.68% 10.27% 5.83%
Total Long Term Liabilities 13.26% 13.26% 10.85% 29.21% 26.32%
Total Liabilities 10.65% 11.55% 9.51% 16.97% 13.16%
Net Worth -11.16% -11.90% -9.69% -15.91% -13.12%
Total Liabilities & Net Worth 0.00% 0.00% 0.00% 0.00% 0.00%
Editable Comments (/750)

Financial Ratios: Cash Flow-Solvency

Industry

  2015 2016 2017 2018 2019
Accounts Payable: Business Revenue 3.63 3.24 3.84 3.67 4.13
Current Ratio 1.95 1.98 1.98 2.03 1.98
Quick Ratio 1.64 1.67 1.67 1.71 1.66
Days Payable 22.98 20.50 24.32 23.46 27.22
Current Liabilities: Inventory 4.93 4.84 4.85 4.74 4.60
Net Working Capital: Business Revenue 0.08 0.07 0.08 0.08 0.09
Cost of Sales: Accounts Payable 15.88 17.81 15.01 15.56 13.41
Cost of Sales: Inventory 35.91 39.66 33.45 33.00 28.20

Financial Ratios: Cash Flow-Solvency

Foundation Plumbing

  2015 2016 2017 2018 2019
Accounts Payable: Business Revenue 3.68 3.32 4.00 3.47 3.63
Current Ratio 1.82 1.85 1.86 1.83 1.87
Quick Ratio 1.50 1.51 1.53 1.53 1.57
Days Payable 22.76 20.71 25.35 21.98 21.03
Current Liabilities: Inventory 4.65 4.54 4.61 5.10 4.95
Net Working Capital: Business Revenue 0.07 0.06 0.07 0.06 0.07
Cost of Sales: Accounts Payable 16.04 17.63 14.40 16.61 17.36
Cost of Sales: Inventory 34.33 37.02 30.56 39.97 41.49
Accounts Payable: Business Revenue

Editable Comments (/750)
Current Ratio

Editable Comments (/750)
Quick Ratio

Editable Comments (/750)
Days Payable

Editable Comments (/750)
Current Liabilities: Inventory

Editable Comments (/750)
Net Working Capital: Business Revenue

Editable Comments (/750)
Editable Comments (/750)

Financial Ratios: Cash Flow-Solvency

Industry

  2015 2016 2017 2018 2019
Accounts Payable: Business Revenue -8.54% 2.47% 4.17% -5.45% -12.11%
Current Ratio -5.13% -6.57% -6.06% -9.85% -5.56%
Quick Ratio -7.93% -9.58% -8.38% -10.53% -5.42%
Days Payable -9.88% 1.02% 4.24% -6.31% -22.74%
Current Liabilities: Inventory -7.91% -6.20% -4.95% 7.59% 7.61%
Net Working Capital: Business Revenue -25.00% -14.29% -12.50% -25.00% -22.22%
Cost of Sales: Accounts Payable 1.01% -1.01% -4.06% 6.75% 29.46%
Cost of Sales: Inventory -4.40% -6.66% -8.64% 21.12% 47.13%
Editable Comments (/750)

Financial Ratios: Profitability

Industry

  2015 2016 2017 2018 2019
EBITDA: Business Revenue (%) 7.04 6.82 6.29 7.15 9.45
Pre-Tax Return On Assets (%) 23.34 24.82 18.63 22.26 27.83
Pre-Tax Return on Net Worth (%) 47.78 50.38 37.60 43.13 55.60
Pre-Tax Return on Business Revenue (%) 5.75 5.51 4.95 5.84 7.84
Discretionary Owner Earnings 12.83 12.86 12.56 13.09 15.71
After-Tax Return On Assets (%) 18.22 20.08 14.96 17.58 21.99
After-Tax Return On Net Worth (%) 37.29 40.76 30.19 34.07 43.93
After-Tax Return On Business Revenue (%) 4.49 4.46 3.98 4.61 6.19
Profit/Employee 10,879 10,336 9,469 11,675 16,396
Owner Earnings/Employee 24,269 24,118 24,019 26,177 32,862

Financial Ratios: Profitability

Foundation Plumbing

  2015 2016 2017 2018 2019
EBITDA: Business Revenue (%) 7.67 7.53 7.09 7.81 7.98
Pre-Tax Return On Assets (%) 28.58 30.79 22.85 30.39 31.66
Pre-Tax Return on Net Worth (%) 65.85 70.95 51.05 70.03 72.80
Pre-Tax Return on Business Revenue (%) 6.47 6.30 5.80 6.48 7.01
Discretionary Owner Earnings 13.77 13.78 13.61 14.08 12.94
After-Tax Return On Assets (%) 22.08 23.88 17.99 23.81 24.43
After-Tax Return On Net Worth (%) 50.86 55.03 40.19 54.87 56.18
After-Tax Return On Business Revenue (%) 5.00 4.89 4.57 5.07 5.41
Profit/Employee 11,117 10,944 10,144 10,443 11,204
Owner Earnings/Employee 23,656 23,943 23,819 22,695 20,686
EBITDA: Business Revenue (%)

Editable Comments (/750)
Pre-Tax Return On Assets (%)

Editable Comments (/750)
Pre-Tax Return on Net Worth (%)

Editable Comments (/750)
Pre-Tax Return on Business Revenue (%)

Editable Comments (/750)
Discretionary Owner Earnings

Editable Comments (/750)
Editable Comments (/750)

Financial Ratios: Profitability

Industry

  2015 2016 2017 2018 2019
EBITDA: Business Revenue (%) 6.96% 10.41% 12.72% 9.23% -15.56%
Pre-Tax Return On Assets (%) 31.92% 24.05% 22.65% 36.52% 13.76%
Pre-Tax Return on Net Worth (%) 48.49% 40.83% 35.77% 62.37% 30.94%
Pre-Tax Return on Business Revenue (%) 9.57% 14.34% 17.17% 10.96% -10.59%
Discretionary Owner Earnings 7.40% 7.15% 8.36% 7.56% -17.63%
After-Tax Return On Assets (%) 21.19% 18.92% 20.25% 35.44% 11.10%
After-Tax Return On Net Worth (%) 36.39% 35.01% 33.12% 61.05% 27.89%
After-Tax Return On Business Revenue (%) 11.36% 9.64% 14.82% 9.98% -12.60%
Profit/Employee 2.19% 5.88% 7.13% -10.55% -31.67%
Owner Earnings/Employee -2.53% -0.73% -0.83% -13.30% -37.05%
Editable Comments (/750)

Financial Ratios: Efficiency

Industry

  2015 2016 2017 2018 2019
Assets: Business Revenue 0.25 0.22 0.27 0.26 0.28
Days Inventory 10.16 9.20 10.91 11.06 12.94
Days Receivables 25.08 22.73 26.87 27.04 29.96
Current Asset Turnover 6.48 7.16 6.05 6.02 5.58
Fixed Asset Turnover (Business Revenue/Fixed Assets) 17.36 19.44 15.92 16.65 15.33
Gross Margin: Business Revenue 42.32 42.23 42.41 42.85 44.63
Sales Per Employee 189,197 187,568 191,301 199,922 209,133
Inventory Turnover 62.26 68.65 58.08 57.75 50.94
Receivables Turnover 14.55 16.06 13.59 13.50 12.18
Total Asset Turnover 4.06 4.50 3.76 3.81 3.55
Working Capital Turnover 13.33 14.43 12.25 11.88 11.27
Days Working Capital 27.38 25.29 29.80 30.73 32.37
Cash Turnover 16.30 17.99 15.21 15.13 14.74
Efficiency Index 4.04 4.02 3.07 4.10 4.14

Financial Ratios: Efficiency

Foundation Plumbing

  2015 2016 2017 2018 2019
Assets: Business Revenue 0.23 0.20 0.25 0.21 0.22
Days Inventory 10.63 9.86 11.94 9.13 8.80
Days Receivables 23.49 21.37 26.13 21.79 22.66
Current Asset Turnover 6.87 7.54 6.19 7.45 7.13
Fixed Asset Turnover (Business Revenue/Fixed Assets) 19.45 21.77 17.10 19.45 18.62
Gross Margin: Business Revenue 41.05 41.50 42.43 42.43 36.99
Sales Per Employee 171,846 173,692 174,945 161,244 159,909
Inventory Turnover 58.24 63.28 53.09 69.43 65.85
Receivables Turnover 15.54 17.08 13.97 16.75 16.11
Total Asset Turnover 4.42 4.89 3.94 4.69 4.52
Working Capital Turnover 15.21 16.42 13.36 16.45 15.38
Days Working Capital 23.99 22.23 27.32 22.19 23.73
Cash Turnover 18.13 19.95 16.27 18.89 17.81
Efficiency Index 3.30 3.31 3.26 2.91 3.08
Assets: Business Revenue

Editable Comments (/750)
Days Inventory

Editable Comments (/750)
Days Receivables

Editable Comments (/750)
Current Asset Turnover

Editable Comments (/750)
Fixed Asset Turnover (Business Revenue/Fixed Assets)

Editable Comments (/750)
Gross Margin: Business Revenue

Editable Comments (/750)
Sales Per Employee ($000)

Editable Comments (/750)
Editable Comments (/750)

Financial Ratios: Efficiency

Industry

  2015 2016 2017 2018 2019
Assets: Business Revenue -20.00% -9.09% -7.41% -19.23% -21.43%
Days Inventory -2.95% 7.17% 9.44% -17.45% -31.99%
Days Receivables -14.79% -5.98% -2.75% -19.42% -24.37%
Current Asset Turnover 16.36% 5.31% 2.31% 23.75% 27.78%
Fixed Asset Turnover (Business Revenue/Fixed Assets) 25.40% 11.99% 7.41% 16.82% 21.46%
Gross Margin: Business Revenue -1.94% -1.73% 0.05% -0.98% -17.12%
Sales Per Employee -8.20% -7.40% -8.55% -19.35% -23.54%
Inventory Turnover -6.46% -7.82% -8.59% 20.23% 29.27%
Receivables Turnover 6.80% 6.35% 2.80% 24.07% 32.27%
Total Asset Turnover 8.87% 8.67% 4.79% 23.10% 27.32%
Working Capital Turnover 14.10% 13.79% 9.06% 38.47% 36.47%
Days Working Capital -12.38% -12.10% -8.32% -27.79% -26.69%
Cash Turnover 11.23% 10.89% 6.97% 24.85% 20.83%
Efficiency Index -18.35% -17.82% 6.09% -29.06% -25.72%
Editable Comments (/750)

Financial Ratios: Debt-Risk

Industry

  2015 2016 2017 2018 2019
Interest Coverage 19.56 18.25 16.55 18.82 20.11
Current Liabilities: Net Worth 0.66 0.64 0.63 0.61 0.64
Long-Term Liabilities: Net Worth 0.39 0.39 0.38 0.33 0.36
Loans-Notes Payable/Net Worth 0.12 0.11 0.11 0.11 0.10
Modified Z-Score 6.27 6.63 5.85 6.35 6.82
Total Liabilities: Net Worth 1.05 1.03 1.02 0.94 1.00
Fixed Assets: Net Worth 0.48 0.47 0.48 0.44 0.46

Financial Ratios: Debt-Risk

Foundation Plumbing

  2015 2016 2017 2018 2019
Interest Coverage 19.59 18.54 16.77 18.26 22.29
Current Liabilities: Net Worth 0.81 0.81 0.76 0.79 0.78
Long-Term Liabilities: Net Worth 0.49 0.50 0.47 0.51 0.52
Loans-Notes Payable/Net Worth 0.14 0.14 0.13 0.13 0.13
Modified Z-Score 6.62 7.04 6.08 6.80 6.78
Total Liabilities: Net Worth 1.30 1.30 1.23 1.30 1.30
Fixed Assets: Net Worth 0.52 0.52 0.51 0.56 0.56
Interest Coverage

Editable Comments (/750)
Current Liabilities: Net Worth

Editable Comments (/750)
Long-Term Liabilities: Net Worth

Editable Comments (/750)
Loans-Notes Payable/Net Worth

Editable Comments (/750)
Modified Z-Score

Editable Comments (/750)
Total Liabilities: Net Worth

Editable Comments (/750)
Editable Comments (/750)

Financial Ratios: Debt-Risk

Industry

  2015 2016 2017 2018 2019
Interest Coverage -5.21% 1.59% 1.33% -2.98% 10.84%
Current Liabilities: Net Worth 22.73% 26.56% 20.63% 29.51% 21.88%
Long-Term Liabilities: Net Worth 28.21% 28.21% 23.68% 54.55% 44.44%
Loans-Notes Payable/Net Worth 16.67% 27.27% 18.18% 18.18% 30.00%
Modified Z-Score 12.28% 6.18% 3.93% 7.09% -0.59%
Total Liabilities: Net Worth 23.81% 26.21% 20.59% 38.30% 30.00%
Fixed Assets: Net Worth 8.33% 10.64% 6.25% 27.27% 21.74%
Editable Comments (/750)

Sources & Uses of Funds

Change In: 15-16 16-17 17-18 18-19
Cash & cash equivalents -23,925 28,874 7,133 -9,976
Worksheet:
Accounts Receivable 26,784 -32,279 -8,153 1,729
Inventory 6,245 -7,549 -1,878 -300
Other Curr Assets 3,153 -3,811 -946 452
Net Fixed Assets 23,540 -29,965 -1,375 3,429
Other Non-Curr Assets 14,111 -17,983 -960 4,888
Accounts Payable -14,826 16,850 924 85
Loans/Notes Payable -5,789 5,840 2,437 -3,833
Other current Liabilities -12,127 14,310 2,195 1,011
Long-term debt -18,573 22,843 -4,740 -191
Net Worth -46,443 60,618 19,629 -17,246
Total Sources & Uses -23,925 28,874 7,133 -9,976
Cash: Beginning Period 104,069 80,144 109,018 116,151
Cash: End Period 80,144 109,018 116,151 106,175
Change in Cash & Cash Equivalents -23,925 28,874 7,133 -9,976

Sources and Uses: The Sources and Uses of Funds table tests the accuracy of the balance sheet and distinguishes the sources of funds from their use. It is the basic worksheet preliminary to a formal cash flow statement examining the liquidity of a business. A multi-year industry benchmark common size balance sheet, which includes overlapped but not identical sets of firms in each year, is not well-suited for the presentation of a formal cash flow analysis.

About the Data

BizMiner data is widely accepted for industry analytical work, benchmarking, valuations, forensics and litigation. BizMiner content is accepted in US Tax Court (Bauer vs. IRS: T.C. Memo. 2012-156) and is utilized by state, provincial and national taxing agencies in the US and Canada.

Raw data analyzed for BizMiner reports is sourced from an array of the nation's government and private statistical sources. None of these raw data sources creates the final measures reflected in BizMiner industry profiles. In total, BizMiner accesses over a billion sourced data points from 15 million business operations for each of its twice annual updates covering a 3-5 year time series. Historical data and BizMiner algorithms are used to inform and test projections for non-reporting firms. Data elements are sourced specifically from:

  • IRS SOI Corporation Tax Book
  • IRS Statistics of Income
  • US Economic Census
  • US Census Quarterly Financial Reports
  • US Census County Business Patterns
  • Bureau of Labor Statistics Monthly Employment Reports
  • Bureau of Labor Statistics Monthly Unemployment Reports
  • Bureau of Labor Statistics Annual Wage Survey
  • Bureau of Labor Statistics Industry Productivity Reports
  • Bureau of Labor Statistics Price Indices
  • National Agricultural Statistical Service
  • US Census Quarterly Financial Reports
  • US Census Retail Trade Report
  • InfoGroup, Inc.
  • Credit Reporting Agencies
  • Business Directories
  • American Community Survey

While 100% firm coverage is desirable for analysis purposes, the greatest value of BizMiner reports rests in discerning patterns of activity, which are reflected in the large samples used to develop our reports. The overall current coverage of the databases surpasses 13 million active business operations at any point in time.

As is the case with any databases this large, some errors are inevitable. Some firms are missed and specific information on others is lacking from the database. Not all information received is uniform or complete, resulting in the need to develop projection algorithms for specific industry segments and metrics in some report series. No representation is made as to the accuracy of the databases utilized or the results of subsequent analyses. Neither the Brandow Company nor its resellers has undertaken independent primary research to confirm the accuracy of the data utilized in the Profile analyses. Neither the Brandow Company nor its resellers are responsible for conclusions drawn or decisions made based upon this data or analysis. In no event will the Brandow Company or its resellers be liable for any damages, direct, indirect, incidental or consequential resulting from the use of the information contained in BizMiner reports.

Our Approach to Scoring

Industry Financial reports offer two types of scoring. The Variance shown for each ratio measures the percentage difference between client ratios and the industry average for the selected industry, sales class and market. The Variance results in a Score of 1-5 (5 being best) for each year of each selected ratio. The application of the Variances to the Score depends on the specific ratio involved; in some cases (which we call Standard Scoring) higher is better; in some, lower (Reverse Scoring) is better; in a few, closest to the industry average (Balanced Scoring) is best. You can find the detailed approach for each Industry Financial ratio below.

For each ratio, the score for all selected years is averaged to determine the overall Ratio Score. The Ratio Scores for each of the four ratio categories (Cash flow/Solvency; Profitability; Efficiency; Debt-Risk) reflect the average Ratio Scores in each category. (P1 also provides Category Scores for each year as well as the average of all selected years.) The Overall Total Score on P1 of the Industry Financial report reflects the average of the Category Scores.



Scoring for ratios is calculated in one of three ways:

  • Standard (higher is generally better)
  • Reverse (lower is generally better)
  • Balanced (middle is generally good, too high or too low is not)

All three types are based on a scale of 1-5, with 5 being "best" and 1 being "worst". All percentages are shown as a deviation from the industry average.

Standard (basically higher is better)

  • +/-10% from average= 3
  • +11% to +20% above average= 4
  • >20% above average= 5
  • +11% to +20% below average= 2
  • >20% below average= 1

Reverse (lower is better)

  • +/-10% from average= 3
  • +11% to +20% above average= 2
  • >20% above average= 1
  • +11% to +20% below average= 4
  • >20% below average= 5

Balanced (middle is good, too high or too low is not)

  • +/-10% from average= 5
  • 11% to 15% above or below average= 4
  • +16% to +25% above or below average= 3
  • 25%-30% above or below average= 2
  • 30% above or below average= 1

The corresponding applications for each ratio are highlighted below. Individual ratio scores are averaged for all selected years.

CASH FLOW/SOLVENCY Summary: Average selected ratios for this category

  • Current Ratio: STANDARD SCORING
  • Quick Ratio: STANDARD SCORING
  • Net Working Capital: STANDARD SCORING
  • Accounts Payable: Business Revenue: BALANCED SCORING
  • Days Payable: BALANCED SCORING

PROFITABILITY Summary: Average selected ratios for this category

  • Return on Business Revenue: STANDARD SCORING
  • EBITDA: Business Revenue: STANDARD SCORING
  • Discretionary Owner Earnings: STANDARD SCORING
  • Return on Assets: STANDARD SCORING
  • Return on Net Worth: STANDARD SCORING

EFFICIENCY Summary: Average selected ratios for this category

  • Assets: Business Revenue: BALANCED SCORING
  • Days Inventory: BALANCED SCORING
  • Days Receivables: REVERSE SCORING
  • Current Asset Turnover: STANDARD SCORING
  • Fixed Asset Turnover: STANDARD SCORING
  • Gross Margin: Business Revenue: STANDARD SCORING
  • Sales Per Employee: STANDARD SCORING

DEBT-RISK Summary: Average selected ratios for this category

  • Interest Coverage: STANDARD SCORING
  • Current Liabilities: Net Worth: REVERSE SCORING
  • Long-Term Liabilities: Net Worth: REVERSE SCORING
  • Total Liabilities: Net Worth: REVERSE SCORING
  • Loans-Notes Payable: Net Worth: REVERSE SCORING
  • Current Liabilities: Inventory: BALANCED SCORING
  • Modified Z-Score:: STANDARD SCORING

About the Vestimate

Bizminer’s Vestimate™ enterprise value is our estimated market value for an individual business operation. Vestimates ™ are calculated for more than 12 million US business establishments and updated monthly. The Vestimate™ is a starting point in determining a business value but is not an appraisal or valuation.

Vestimates™ are based on data and projections applied to our proprietary calculations. Bizminer develops sales data for millions of US business operations using sales per employee, industry pricing and productivity data along with enterprise-level employment reports. Our content has been accepted in US Tax Court and utilized by thousands of accounting, valuation and banking professionals as well as dozens of university business libraries.

We marry that content to more than 28,000 business transactions to create median and quartile estimates of worth derived from Business Valuation Resources Pratt’s Stats database. In almost every case, at least two different types of multiples are averaged to create median, quartile 1 and quartile 3 value estimates in four different sales class groups. The median values are available in our Free Vestimate™ tool, while more robust, customizable business value content and searches and values are available in Vestimate™Plus.

Importantly, the Vestimate™ only reflects Bizminer’s estimate of the current worth of a business operation given the data available to us. For example, we do not know the Owner Earnings of every business enterprise, and use the industry sales class average in our calculations instead; the actual value of firms with significantly lower or higher Owner Earnings will likewise vary from calculations of sales multiples that rely upon those metrics.

You should not use a Vestimate™ in place of a valuation, though you can share it with business brokers or valuation professionals. Bizminer does not offer the Vestimate™ as the basis of any specific business-related or other financial transaction. You will not be able to use a Vestimate™ to secure a business or personal loan. Our data sources may be incomplete or incorrect; nor have we physically researched or inspected many important details necessary to the valuation of a specific enterprise. The Vestimate™ does not consider the market environment details nor the idiosyncrasies of a firm’s performance that can influence the actual value or selling price.

We encourage business buyers, sellers, owners and browsers to enhance their understanding of the value of any enterprise before making decisions or taking action. The Vestimate™ is a modeled informational tool, not a guide to action. For that we recommend obtaining an appraisal from a business broker, a valuation from a certified valuation professional, or both.