Appraisals
An appraisal that holds up in due diligence.
Batonford drafts the appraisal from the vendor's own records: SDE or EBITDA, every add-back traced to the ledger and a value range you can defend. You walk into the listing presentation with evidence, not a rule of thumb.
Profile drafted
Harbourside Café · from your meeting notes
From the first meeting to a draft
Upload the transcript or your notes from the first meeting. Batonford drafts the business profile and the next steps, so the appraisal starts with what the owner already told you.
- A draft profile: what the business does, staff, premises and the owner's role
- The questions you still need answered, listed for the next call
- Next steps and dates drafted for you to confirm
- Nothing saved until you've reviewed it
Add-backs · FY26
Harbourside Café
SDE $168,400 from reported profit of $86,600
Add-backs with their evidence
Batonford reads the general ledger and finds the owner's wages, personal spending and one-off costs at transaction level. Each add-back links to the lines it came from.
- SDE or adjusted EBITDA across several years, side by side
- Each add-back linked to its ledger lines, payroll or invoice
- Items that recur every year are questioned, not added back
- Anything without a source is flagged for you to decide
Revenue check · FY26
Harbourside Café
Revenue checked before a buyer checks it
Revenue on the P&L is reconciled to lodged BAS and bank deposits. Gaps show up now, while you can still explain them, not in due diligence.
- P&L revenue against BAS for every quarter
- Bank deposits as a third check where statements are provided
- Differences explained in plain English with the quarters affected
- Contradictions between documents flagged for follow-up
Appraisal report
Harbourside Café · prepared for Sam Nguyen
Value range $390,000 to $440,000
A value range you can stand behind
Set the method and multiples. Batonford builds the range and a branded report the vendor can follow line by line, with comparables from your own firm's settled sales.
- Value range and multiples, with the reasoning written out
- Comparables drawn from your firm's own settled sales, kept private to your firm
- Risk flags such as lease term, customer concentration and owner dependency
- The report in your firm's branding, ready to present
Also in Appraisals
Built to win the listing.
Meeting notes
A transcript or notes become a draft profile and next steps.
SDE and EBITDA
Normalised earnings across several years, side by side.
Ledger add-backs
Personal and one-off spending found at transaction level.
Revenue check
P&L against BAS and bank deposits, quarter by quarter.
Your comparables
Your firm's settled sales, private to your firm.
Branded report
An appraisal report in your firm's look, ready to present.
Before you ask
Questions about appraisals.
- Does Batonford decide the price?
- No. It drafts the numbers and shows where each one came from. The method, the multiples and the final range are yours.
- What if the vendor only has a P&L?
- Start with what they have. Batonford works from the documents provided and lists what would make the appraisal stronger, such as BAS or the ledger.
- Are our comparables shared with other firms?
- No. Comparables come from your own firm's settled sales and stay private to your firm.
See it on one of your own deals.
A 20-minute demo. Bring a recent appraisal or a live listing.