Business valuation for probate

I need to value a business for a solicitor who is dealing with the estate of a deceased client of ours. The business was a partnership and was a small car dealer, with around 5 cars at a time, all second hand. It made a loss for as long as I can remember and no profits were taken by the partners.

Can anyone give me any ideas. Plus what sort of fee should I charge for this?

 

Thank you David

 

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Partnership

Marion Hayes |