Title: From Parking Lot Problems to $250,000 Savings Tagline: From Parking Lot Problems to $250,000 Savings: How a Midwest Manufacturer Optimized for Exit Problem: John, a 62-year-old owner of a $5 million manufacturing company in Ohio, is preparing to sell. A potential buyer flagged the company's excessive parking lot size as a liability. The buyer argues the large, underutilized parking area inflates property taxes and maintenance costs, impacting profitability and reducing the company's valuation by an estimated $150,000. John needs to determine if this assessment is accurate and explore options to mitigate the parking lot's negative impact before finalizing the sale. He also wants to understand how this impacts his earnings after taxes. Solution: By using the Parking Ratio Calculator, John can accurately determine if his parking exceeds local requirements. He can then explore options like selling excess land, repurposing the space, or negotiating with the buyer based on data-driven insights. Using the Tax Equivalent Yield Calculator, John can then determine the impact of this reduction in valuation on his after-tax earnings. If John explores selling a portion of the property, The Real Exchange Rate calculator helps understand relative land value. ROI: By identifying that his parking ratio significantly exceeded city ordinances, John successfully negotiated with the buyer, demonstrating the potential to sell excess land for $300,000. This increased the final sale price by $100,000. Additionally, by reducing the assessed property value due to the reduced parking area, John lowered the annual property tax bill by $5,000, increasing the attractiveness of the property. Finally, John used the Tax Equivalent Yield calculator to plan out tax implications. The overall benefit to John's sale increased by approximately $250,000. Description: Ensure a smooth and profitable business sale by optimizing your parking ratio. This calculator helps you identify potential liabilities and unlock hidden value in your real estate assets. Maximize your return and streamline your exit strategy. Category: Lead Gen