DoV : ??????

Methods of Valuation : PROFITS METHOD

Average Gross Revenue pa

1 Petrol sales
Super XX
Premium XX
Diesel XX
Cross profit from petrol sales XX
2 Gross profit from sale of goods XX
3 Rental of service area XX
4 Income from car wash XX
TOTAL INCOME XXX

Less : Annual Operating Expenditure

Salary, bonus, EPF, Socso XX
Business insurance XX
Water XX
Electricity XX `
Business licence XX
Audit and secretarial fee XX
Administration expenses XX
Total operating expenditure p.a XXX
NET PROFIT (DIVISIBLE BALANCE) pa XXXX

Less: Operators / Tenant's share

1 Interest on working capital 10% XX
2 Risk 40% of DB
3 Remuneration / Profit (both risk & remuneration) XX
XXX
GROSS RENTAL pa XXXX

Less : Property Outgoings

Repairs (external and internal) XX
Fire insurance XX
Assessment rates XX
Quit rent XX
Management XX
Total outgoings pa XX
NET RENT pa XXX
YP
n No of unexpired term
12% Rate of return
3% SF
30% Tax XX
Capital value XXX

MARKET VALUE say @ XXXX

What is tenant share?

The amount which the tenant will require out of the business to encourage him or her
to take the tenancy at the rent evidenced by the valuation