● Business Valuation Services

Business Valuation Services in Las Vegas, Nevada

Raise a round, sell the company, hand equity to the next generation, or answer an examiner – each one turns on a value someone else will test. CountSure delivers independent, defensible valuations for Las Vegas businesses, CVA certified and prepared under Licensed US CPA supervision.

● Why It Matters

The moment you need a number you can defend

Almost no one commissions a valuation out of curiosity – there is usually a date on the calendar. These are the moments a number that holds up actually changes what happens next.

Raising capital

A backer wants your 409A before the term sheet is signed

Southern Nevada rounds move on their own clock, and a gaming-tech, data-infrastructure, or logistics raise often lands on a compressed schedule. A clean 409A means you can price options and close without a valuation question becoming the thing that holds everyone up.

Selling or merging

A price is on the table and you need footing

Buyer or seller, sitting across from a number you cannot back is a weak place to be. An independent valuation hands you ground the other side cannot simply wave away.

Transferring ownership

Shares are moving to family or into an estate plan

The IRS reads gift and estate filings closely, and a soft number is where it starts pulling. A supportable valuation shields both the transfer and the people counting on it.

Facing an audit

An auditor or examiner wants to see your work

Once the question lands, the report has to answer it on its own. We write ours for exactly the reader most inclined to push back on the conclusion.

None of these quite fit your situation?

Walk us through what is coming up. We will steer you to the valuation that fits – or tell you plainly if you do not need one at all.

● What We Value

Valuation Services We Offer

Eight focused services, each matched to a specific purpose, stage, and standard of value.

Startup Valuation

Defensible valuations for early-stage and venture-backed companies raising capital or issuing equity.

409A Valuation

IRS-compliant fair market value reports for common stock and employee equity grants.

Purchase Price Allocation

Allocation of acquisition consideration across tangible and intangible assets for reporting.

Portfolio Valuation

Audit - ready fair value marks for funds, GPs, and institutional investors.

Intangible Asset Valuation

Valuation of patents, trademarks, customer relationships, and other intangibles.

Merger & Acquisition Valuation

Transaction support and fairness analysis for buy - side and sell - side deals.

Gift & Estate Tax Valuation

IRS-compliant valuations for
wealth transfer, gifting, and estate planning.

Compliance Service Valuation

Ongoing valuation support to keep your business audit ready and compliant.

● Inside the Report

A figure is only as good as what sits behind it

A number is easy. The proof under it is the hard part, and that is where most of our hours go.

For a Las Vegas business, we work past the headline financials to the drivers that actually set value, then pull them into one conclusion you can hold your ground on – whether the reader is a lender, a board, or an examiner.

What you own and owe

A full read of the balance sheet and cap structure - not just the numbers that sit at the top.

How you earn

A forward look at cash flow, margins, and whether the earnings are built to last.

Where you can go

A grounded take on growth, room to scale, and where you stand against the competition.

What the market says

Benchmarking against comparable Las Vegas and national transactions and the multiples they traded at.

● How We Get to a Number

Three ways to value a business - and the judgment to weight them

There is no one formula that fits every Las Vegas company. We begin with a simpler question – what really drives value here – and then lean on the approach, or blend of approaches, the evidence actually supports.

Approach 01

Income Approach

Prices the business on the cash it is likely to throw off, discounting projected flows or capitalizing earnings back to present value. It carries most operating companies with steady, readable results – and sits behind the bulk of 409A and M&A work – because it pays attention to what a company earns, not just what shows up on its books.

Approach 02

Asset Approach

Works up from the balance sheet – assets marked to fair value, liabilities netted out, landing on net asset value. It takes the lead for holding companies, real-estate and asset-heavy entities, and businesses whose earnings will not carry a going-concern number. More often than not it establishes the floor: what the business is worth even when the cash flows run thin.

Approach 03

Market Approach

Ties value to what comparable companies and deals have genuinely sold for, pulling multiples from guideline public companies and private transaction data. It comes into its own where believable comparables exist – and the Las Vegas valley, with active hospitality, logistics, healthcare, and technology deal flow, tends to supply the evidence this approach needs to rest a number on observed behavior rather than theory.

A number worth defending seldom leans on a single method. We run the approaches that fit your business, weight them against the facts, and reconcile them into one conclusion that stands up in front of an investor, a board, or the IRS.

● Why It Holds Up

Built to be defended, not just delivered

A valuation is really tested on the day someone decides to argue with it. Ours are built for that day, not the quiet ones before it.

Credentialed oversight

Led by Parth Shah, US CPA and Indian FCA. Our valuation practice is CVA certified through NACVA, and every engagement runs under Licensed US CPA supervision, with work credentialed under IBBI and ICAI on the India side.

Recognized methodology

We apply the established income, market, and asset-based approaches the same way every time, so the reasoning is transparent and anyone can follow it.

IRS-aware preparation

Every report is written with IRS expectations in view, giving you clean footing for 409A, gift, estate, and ownership-transfer matters.

Documented to the last assumption

Every conclusion traces back to the input it came from, so the report holds through audit, due diligence, and investor review.

Not the same thing as an asset appraisal

People run these two together all the time. Here is where valuing a business parts ways with appraising one asset, like a building.

	Business Valuation	Asset Appraisal (e.g. Real Estate)
What's valued	The whole operating business - cash flow, intangibles, and where it is headed.	One physical asset, such as a building or a piece of office property.
How	Income (DCF), market (comparable Las Vegas transactions), and asset-based approaches.	Sales comparison, cost, and property-specific income approaches.
Result	A single fair market value for the equity or the enterprise.	An estimated value for the one property or tangible asset in question.

From first call to a report you can use

A defined path with nothing hidden in it, so at every step you know where things stand and what is coming.

We set the brief together

We fix the purpose, the standard of value, and the effective date up front, so the engagement is scoped right from the first day.

You send the data over

Financials, the cap table, and the operating and legal documents we need – all collected through secure channels.

We read the market

We work through Charlotte trends, comparable deals, and the benchmarks that actually apply to your sector.

We settle on the approach

Income, market, or asset-based - whichever the facts call for - applied with the reasoning written down.

We build it and write it up

The model plus a clear, standards-aligned report, assumptions and supporting evidence included.

We stand behind it

We take you through the findings and stay reachable for boards, investors, auditors, and the IRS.

● What to Have Ready

Documents we'll ask you for

Most Las Vegas engagements run on the same short stack. Send what you have – we flag anything missing on the first call.

● What You Get

What you walk away with

Every engagement closes with the same set of working documents, built to be used rather than filed away.

Full written valuation report

The complete analysis: purpose, standard of value, the approaches applied, and the concluded number.

Executive summary

A short version built for boards, buyers, or counsel who need the conclusion without the full read.

Documented methodology and assumptions

The reasoning written out: which approaches we used, how we weighted them, and the inputs behind each.

Supporting exhibits and schedules

The financial analyses, comparable data, and calculations that sit under the conclusion.

A walkthrough call plus audit and reviewer support

We present the findings, then stay reachable when an auditor, investor, or examiner comes back with questions.

● Sector Fluency

Industries We Serve in Las Vegas

What sets value apart varies sector by sector. We shape each analysis around how these Las Vegas industries genuinely earn.

Hospitality, Gaming & Entertainment

Resorts, locals casinos, restaurant groups, nightlife operators, and the licensed suppliers behind them still anchor a large share of valley payroll. Earnings here swing with visitation, convention calendars, and event schedules, so a credible number normalizes across a full cycle instead of anchoring on one strong year.

Data Centers & Digital Infrastructure

Cheap land, no corporate income tax, and abundant power have pulled a wave of colocation and AI-focused compute capacity into Southern Nevada. These businesses carry long-dated contracts against heavy capital assets, which means the operating enterprise and the underlying facility have to be valued as two distinct things.

Logistics, Warehousing & Distribution

Overnight truck access to Southern California ports and the wider Southwest has made the valley a regional distribution hub, and family-held carriers and third-party logistics operators trade regularly. Value turns on customer concentration and lease terms, both of which need testing before a multiple means anything.

Healthcare & Medical Practices

Population growth has outpaced physician supply for years, which keeps specialty groups, dental practices, and outpatient platforms in steady demand from consolidators. Partner buy-ins, buyouts, and roll-up offers all rest on a defensible fair market value, and regulatory constraints on physician compensation make that documentation matter.

Construction & Specialty Contractors

Resort projects, stadium and arena work, warehouse development, and a long residential expansion keep general and specialty trade contractors busy across the valley. Bonding capacity, backlog quality, and equipment fleets drive value in ways trailing revenue alone will never show.

Technology & Gaming-Adjacent Software

Payments platforms, casino management and player-tracking systems, sports-wagering technology, and event software have grown into a real venture-backed cluster. These companies grant equity early and refresh often, which makes a defensible 409A a recurring requirement rather than a single exercise.

● Local Ground Truth

What makes a Las Vegas valuation different

The method is national; the ground it stands on is local. These are the Southern Nevada dynamics a generic template quietly skips.

Revenue that rises and falls with the visitor calendar

Hospitality and tourism still employ close to a third of the valley workforce, and the spillover reaches restaurants, transport, staffing, retail, and professional services that never take a hotel booking. A single quarter shaped by a marquee convention, a Grand Prix weekend, or a soft travel stretch is not a run rate, so we normalize earnings across a full cycle and separate recurring demand from event-driven spikes before any multiple gets applied.

A diversifying base that has changed which comparables apply

Roughly six in ten new jobs added in the metro over the past decade came from outside hospitality, construction, and government, with growth concentrated in logistics, healthcare, professional services, and data infrastructure. That matters for pricing: a warehouse operator or a compute-heavy technology business in the valley now trades against national sector comparables, not against local hospitality multiples, and using the wrong comparable set is one of the fastest ways to land on an indefensible number.

No income tax, but a payroll and gross-receipts layer instead

Nevada levies no personal or corporate income tax, and the constitutional bar on a personal income tax makes that unusually durable. The state raises revenue elsewhere: a modified business tax on quarterly wages above a set threshold, a commerce tax on Nevada-source gross revenue once it clears a multi-million-dollar floor, and annual state business license and filing obligations. A commerce tax that scales with revenue rather than profit hits a thin-margin business very differently than a high-margin one, and any model built for an income-tax state will misprice what an owner or a buyer actually keeps.

● Avoid These

Mistakes Las Vegas owners make with valuations

Five patterns we see over and over, each one avoidable with a little lead time.

Waiting until a deal is already on the table

By the time a letter of intent arrives, there is no time left to clean the books or fix the cap table. A valuation produced under deadline pressure reads that way to the other side, and it costs you leverage.

Relying on a rule-of-thumb multiple or an online calculator

A "3x revenue" shortcut ignores margins, customer concentration, and what buyers actually paid for comparable companies. Neither the IRS nor a lender gives it any weight.

Letting a 409A go stale after a round or material event

A new financing, a major contract win, or any material shift resets fair market value. Granting options on last year's number creates tax exposure your employees end up carrying.

Confusing an asset appraisal with a business valuation

Ordering a property appraisal when the deal needs a business valuation leaves the operating company unpriced. Valley owners who hold the real estate and run the restaurant, clinic, or warehouse operation inside it blend the two constantly - and the blend muddies both numbers.

Treating "no income tax" as no state tax layer at all

Owners who move a company to Nevada for the tax profile often model it as if state tax simply disappears. It does not. The modified business tax applies to wages above a quarterly threshold, the commerce tax applies to Nevada-source gross revenue once it clears the statutory floor, and annual state business license and filing costs run every year regardless of profit. A gross-receipts tax bites hardest on high-revenue, thin-margin operations, and a projection that omits these layers overstates free cash flow and the value built on it.

● The CountSure Difference

Why Choose CountSure?

Any number of firms will hand you a valuation. Here is what changes when Las Vegas owners pick us to prepare it.

Independent, CPA-supervised

CVA certified through NACVA and run under Licensed US CPA supervision - an impartial conclusion that stands up in front of investors, auditors, and the IRS.

One accountable lead

Parth Shah, US CPA, CVA, and Indian FCA, leads the work himself - it is not passed off down a chain. You always know exactly whose name is behind the number.

A full-service partner

The valuation ties into our broader tax, accounting, and advisory work, so the conclusion sits inside the bigger picture rather than off on its own.

Built for the Las Vegas market

We build in the local realities - from visitor-driven revenue swings to Nevada's commerce tax and payroll-based modified business tax - that a generic, out-of-market template would skate right past.

● Who We Work With

The people who come to us in Las Vegas

HOW FAST

1 to 2 weeks

is the usual draft turnaround on many standard valuations once your data is in. We lock a firm timeline on the first call, and when a deal, a round, or a filing deadline is setting the pace, we can move faster.

● Where We Work

Across Las Vegas and the metro area

We work with businesses throughout the valley and the surrounding region:

● Questions

Valuation questions Las Vegas owners ask us

What usually sends a Las Vegas business looking for a valuation?

Nine times out of ten there is a deal or a date behind it – an acquisition, a raise that needs a 409A, or a gift or estate filing. Bank financing and succession planning bring owners in just as often.

How does Nevada's tax structure change what my business is worth?

There is no state income tax on the business or the owner, which is a real advantage. What replaces it still affects value: a modified business tax on wages above a quarterly threshold, a commerce tax on Nevada-source gross revenue above the statutory floor, and annual state licensing costs. Because the commerce tax follows revenue rather than profit, it lands unevenly across margins, so we build the actual burden into the model rather than assuming a tax-free state.

How do you handle earnings that swing with tourism and events?

We normalize. A convention-heavy quarter or a major race or fight weekend is not the base case, and neither is a soft travel stretch. We separate recurring demand from event-driven spikes, look at performance across a full cycle, and document the adjustment so a buyer or reviewer can follow exactly how we got there.

Will the report survive the IRS and outside auditors?

That is exactly the bar we write to. Reports are CVA certified, prepared under Licensed US CPA supervision using recognized methodology, with every assumption documented so the work holds up when it is reviewed.

How often should a Las Vegas startup refresh its 409A?

The working rule is once every twelve months – or sooner if something material happens, like a new round or a real shift in the business or its market. For gaming-technology and payments companies, a major licensing approval or the loss of a large operator contract counts as material and should trigger a refresh.

Can you handle a company with operations outside the US?

Yes. Between US CPA supervision and IBBI/ICAI-credentialed valuation expertise on the India side, we are built for businesses that run across borders or multiple jurisdictions.

Who actually does the work?

Parth Shah, US CPA and Indian FCA, leads every engagement. Our valuation practice is CVA (Certified Valuation Analyst) certified through NACVA, with US valuations performed under US CPA supervision and work credentialed under IBBI and ICAI on the India side.

Get Started

Put a number you can defend on your Las Vegas business

Bring us the deadline, the deal, or the filing – and we will hand back an independent, audit-ready valuation, prepared under Licensed US CPA supervision, that holds when it actually matters.