Valuation of Goodwill for Eminent Domain

To acquire property in an eminent domain action, the city or development agency must compensate the business owner for immovable fixtures and equipment and any lost goodwill resulting from relocation.

Sack Associates assists business owners in this process to appropriately determine the goodwill attributable to the existing location.  We also work with agencies to review and analyze the business interests where the proposed project will take place.  This process allows the agencies to prepare an accurate budget for the eminent domain action.

Professional valuations help avert extended disputes which can even further distract or harm the business.