Independent advisory for owner-operated companies
(510) 750-2038help@khamisi.co
Business advisory for private company owners · Data center & AI specialty

Know what your business is worth. Then make it worth more.

Khamisi Advisory works with owners of privately held companies at every stage — from the first honest valuation to the day you sign the sale — and keeps the plan on track in between.

Book a discovery call See the five stages
Independent — no products to sell you Fixed-fee where the scope allows Written findings, plain language
Advisors reviewing financial statements with a business owner
Sample engagement · Valuation to sale
2.1× → 4.3×
EBITDA multiple over 26 months
Tax plan · Year one
$184k
Saved through restructuring
340+
Valuations completed
$610M
Transaction value advised
100%
Engagements led by a partner
91%
Advisory clients renew each year
Start in the right place

Every owner arrives with a different question.

Some want a number. Some want out. Some just want the business to stop depending on them. Pick the one that sounds most like you and we'll point you to the right first step.

Not sure? Most owners start with a valuation — it shows what's driving the number, and every other decision gets easier from there.
Services

Five stages of an owner's journey. One firm that stays on it with you.

The order isn't arbitrary. You can't grow value you haven't measured, you shouldn't sell a business you haven't prepared, and tax planning works best when it's done years ahead — not the month before closing.

01
Evaluate

Business valuation and assessment

Most owners guess at what their company is worth, and the guess is often off by 30% or more in either direction. We build a valuation you can defend — to a buyer, a bank, a partner, or the IRS — and show you exactly which parts of the business are helping or hurting the number.

We use all three recognized approaches (market, income and asset), reconcile them, and explain the result in a single page before the appendix. Our reports are accepted by lenders, courts and the SBA.

What you get

  • Formal valuation report using market, income and asset approaches
  • Value-driver scorecard: what's adding to the multiple and what's dragging it down
  • Benchmarks against comparable companies in your industry
  • One-page owner summary and a 60-minute walkthrough
Typical starting point: a buy-sell agreement, a partner buyout, a bank request, estate planning, or simple curiosity.Timeline: 2–4 weeks · Fee: fixed, quoted after a short intake call
02
Grow

Growth and value-building

Revenue growth that doesn't increase the value of the company isn't worth much. We focus on the kind that does: gross margin, recurring revenue, customer concentration, documented processes, and a management team that runs without you in the room.

Buyers pay for predictability. A company doing $8M with three customers at 60% of revenue is worth less than one doing $6M with forty. We help you build the second kind.

What you get

  • 12-month growth plan with three to five measurable targets
  • Pricing and margin review by product or service line
  • Customer concentration and contract-structure review
  • Owner-dependency plan: what has to move off your desk, and how
Typical starting point: revenue is up but profit isn't, or growth has stalled at the same ceiling for two years.Timeline: 6-week plan, then quarterly check-ins
03
Save

Tax strategy and planning

Tax is usually the largest single expense an owner controls. Entity structure, owner compensation, retirement plans, timing of equipment purchases, state nexus, and how a future sale is structured all change the number — and most of them have to be decided before year-end, not after.

We work alongside your existing CPA or handle the planning side ourselves. Either way, you get a written plan with each move ranked by dollar impact and effort.

What you get

  • Entity and compensation structure review (S-corp, C-corp, LLC, partnership)
  • Multi-year tax projection with planning moves ranked by impact
  • Retirement plan design (401(k), cash-balance, defined benefit) for owner-heavy companies
  • Pre-sale tax planning: asset vs. stock sale, installment terms, qualified small business stock where it applies
Typical starting point: a large tax bill that surprised you, a second state, or a sale on the horizon.Timeline: 3–4 weeks · best started before October
04
Steer

Ongoing advisory and fractional CFO

Plans drift. Cash gets tight in a quarter you didn't expect, a key hire doesn't work out, a customer leaves. We take a standing seat at the table, watch the numbers every month, and flag problems while they're still small.

This is for owners who've outgrown their bookkeeper but aren't ready to pay for a full-time finance executive. You get the judgment of one without the salary.

What you get

  • Monthly financial dashboard with the handful of numbers that matter
  • Quarterly review meeting: plan vs. actual, and what changes next quarter
  • 13-week cash-flow forecast, kept current
  • Bank and lender relationship support when you need capital
Typical starting point: you've outgrown your bookkeeper but aren't ready for a full-time CFO.Structure: monthly retainer, cancel with 30 days' notice
05
Sell

Exit planning and sale advisory

Selling well usually takes 12 to 24 months of preparation and a disciplined process. We get the company ready, find and qualify buyers confidentially, negotiate on your behalf, and stay with you through diligence and closing.

We also handle internal transitions — a sale to a key manager, a family member, or an employee ownership plan — where the buyer is known but the structure and financing are not.

What you get

  • Exit-readiness assessment with a fix-before-you-list checklist
  • Confidential information memorandum and financial package
  • Buyer outreach and a managed, competitive bidding process
  • Negotiation, diligence coordination and closing support
Typical starting point: an unsolicited offer, a retirement date, or a partner who wants out.Structure: retainer plus success fee, quoted in advance
Results

What the work looks like when it's finished.

Three engagements, anonymized at the owners' request. Each started with a single question and ended with a business in a different position.

Precision manufacturing floor
Precision manufacturing · $14M revenue

From an unsolicited lowball offer to a competitive sale

The owner received an offer from a competitor and nearly took it. Our valuation showed the offer was 40% below market. Over 18 months we reduced customer concentration, documented processes, and ran a managed process with seven qualified buyers.

+62%Final price vs. original offer
18 moFrom first call to close
Medical practice consultation room
Multi-location dental group · $6M revenue

Restructuring that cut the tax bill before the next filing

Three practices, three entities, one owner paying himself the wrong way. We consolidated into a management company structure, redesigned compensation, and added a cash-balance plan.

$184kYear-one tax savings
6 wksPlan to implementation
Data center corridor
GPU cloud & colocation operator · $18M revenue

Structuring a capex-heavy expansion so the tax code paid for part of it

The operator was adding a second facility and a large GPU cluster on a single entity with no depreciation strategy. We restructured into an asset-holding and operating company, ran a cost-segregation study, and built the financing package for the equipment lender.

$3.2MFirst-year depreciation captured
2 sitesFinanced and operating
How it works

Three steps from first call to a plan you can act on.

1

Discovery call

Forty-five minutes. You tell us where the business is and what's on your mind. We tell you honestly whether we can help and what it would cost. If we're not the right fit, we'll say so and point you to someone who is.

Free · No preparation needed
2

Assessment

We read three years of financials, talk to you and any key people, and deliver written findings: where the value is, where the risk is, and the three things we'd do first. You keep the report whether or not you go further.

2–3 weeks · Fixed fee
3

Engagement

A scoped project — a valuation, a tax plan, a sale — or an ongoing advisory seat. Either way you get a clear scope, a timeline, and one person accountable for it from start to finish.

Project or retainer · You choose
Most engagements begin within two weeks of the discovery call. Schedule a call
Industries

The businesses we know from the inside.

Valuation multiples, buyer pools and tax rules differ by industry. These are the ones where we've done enough work to know the patterns.

ManufacturingJob shops, contract manufacturers, food and beverage producers
Distribution & logisticsWholesale, regional distributors, fleet and freight operators
Construction & tradesGeneral contractors, HVAC, electrical, plumbing and specialty trades
Healthcare practicesDental, medical, veterinary, physical therapy and multi-site groups
Professional servicesEngineering, architecture, agencies, staffing and consulting firms
Franchise operatorsMulti-unit restaurant, fitness and service-franchise owners
Family businessesSecond- and third-generation transitions, buyouts between siblings
Data centers & AIColocation, GPU cloud, AI infrastructure and AI software companies — our specialty practice
Server racks inside a data center
Specialty practice

Data center and AI companies are not valued like other businesses. We treat them accordingly.

A colocation operator, a GPU cloud, and an AI software company can all show the same revenue and be worth wildly different amounts. The drivers are capital intensity, power and site control, hardware depreciation, contract length, and who the likely buyer is.

Our data center and AI practice works with founders and owners of infrastructure and AI businesses from $2M to $100M in revenue: private colocation and edge facilities, GPU-as-a-service and AI cloud operators, AI-native software companies, and the electrical, cooling and integration contractors that build for them.

Infrastructure valuationCapacity-based and contracted-revenue models, power and land as value drivers, and comparables from infrastructure funds and strategic acquirers rather than generic tech multiples.
Capex and tax structureBonus depreciation and cost segregation on facilities and hardware, R&D credits for AI development, sales-tax exemptions on equipment, and entity design for asset-heavy growth.
Growth and capitalUnit economics per rack, per megawatt and per GPU, utilization targets, and preparing a financing package for equipment lenders and infrastructure investors.
Exit to the right buyerInfrastructure funds, hyperscaler partners, strategic operators and AI roll-ups each pay for different things. We run a process built around who actually buys these assets.
ColocationEdge facilitiesGPU cloudAI infrastructureAI softwarePower & cooling contractors
Talk to the data center & AI team
Khamisi Advisory office
About the firm

Built by people who've sat on the owner's side of the table.

Khamisi Advisory was founded by a CPA and a former business broker who kept meeting the same owner: smart, successful, and completely in the dark about what the company was worth or how to get more for it.

We've grown to a team of nine — valuation analysts, tax strategists and transaction advisors — but we still take on a limited number of engagements a year so a partner is on every one of them.

We don't sell insurance, investment products or software. Our only revenue is the fee you pay us, so our advice doesn't have a second agenda.

Independent

No commissions, no referral fees, no products. When we recommend something, it's because it's right for you, not because someone pays us for it.

Written, not just talked

Every engagement ends in a document you can hand to your partner, your banker or your successor. If it isn't written down, it didn't happen.

Plain language

You'll never need a translator for our reports. If a number matters, we say why in one sentence, and we say what to do about it in the next.

Priced up front

Valuations, tax plans and assessments are fixed-fee. Retainers are monthly with no lock-in. Sale engagements are quoted before we start.

Leadership

The people on your engagement.

Daniel Reyes

Daniel Reyes

Managing Partner · Valuation & Tax

Twenty-two years in public accounting and private-company valuation. Daniel has signed more than 300 valuation reports and testified as an expert in shareholder and divorce matters. He leads every tax-planning engagement personally.

CPACVAMST
Priya Natarajan

Priya Natarajan

Partner · Transactions

Priya spent eleven years in middle-market M&A before joining Khamisi to run the sale side of the practice and lead the data center and AI group. She has closed 40+ transactions between $2M and $85M, including colocation and AI infrastructure sales to strategic and infrastructure-fund buyers.

CFACM&AA
Marcus Hale

Marcus Hale

Director · Advisory & Fractional CFO

A former operating CFO for a $40M distributor, Marcus leads the ongoing advisory practice. He builds the dashboards, runs the quarterly reviews, and is the one who calls when a number moves the wrong way.

MBACMA
In their words

What owners say after the work is done.

“

I'd been told for years my company was worth about three times earnings. Khamisi showed me why it was worth less than that — and then what to fix. Two years later we sold for more than four.

Owner, precision machining companySold 2024
“

My CPA does my returns. Khamisi does the thinking before the return. The difference in year one paid for the next five years of their fee.

Founder, three-location dental groupTax strategy client
“

Every advisor we talked to wanted to value us like a software company. Khamisi was the first to ask about our power contracts and refresh cycle before asking about revenue.

Founder, GPU cloud operatorData center & AI practice client
Insights

Short reads for owners with long to-do lists.

Tax strategy

Seven decisions that have to be made before December 31

Entity election, equipment timing, owner compensation, retirement contributions and three more. Miss the date and the option disappears for a year.

6 min read
Selling

Why the first offer is almost never the best offer

Unsolicited offers come from buyers who know more about your market than you do. Here's how to turn one buyer into a process.

8 min read
Valuation

Why an AI or data center business shouldn't be valued on a SaaS multiple

Power, contracted capacity, hardware refresh cycles and the buyer pool matter more than ARR. How infrastructure buyers actually price these companies.

5 min read
Questions owners ask

Before the first call.

If yours isn't here, it will be answered on the discovery call.

How much does a valuation cost?

Most valuations for companies between $1M and $50M in revenue fall in a fixed-fee range we quote after a short intake call. The fee depends on the purpose (a bank, a buyout, litigation, or planning) and the complexity of the entity structure — not on the size of the resulting number.

Do I have to replace my current CPA or bookkeeper?

No. Most of our clients keep their existing accountant for compliance work. We do the planning, valuation and transaction work alongside them and share everything we produce.

I'm not planning to sell. Is this still relevant?

Yes. The changes that make a company more valuable to a buyer — better margins, less dependence on the owner, cleaner books — are the same changes that make it more profitable and easier to run while you own it.

How is a sale engagement priced?

A monthly retainer during preparation and marketing, plus a success fee at closing that is quoted in writing before we start. The retainer is credited against the success fee.

Will you sign a confidentiality agreement?

Before you send us anything. We'll send our standard NDA with the discovery-call confirmation, or sign yours.

Do you work outside California?

Yes. About a third of our clients are in other states. Valuation and tax planning are done remotely with one or two site visits; sale engagements include in-person meetings with buyers wherever they are.

Start here

Book a discovery call.

Tell us a little about the business and what's on your mind. We reply within one business day to set up a 45-minute call. No preparation needed.

Office190 Washington Blvd
Fremont, CA 94539
HoursMonday–Friday, 8am–6pm Pacific

Everything you share is confidential. No newsletter, no follow-up sequence.

Thanks — your request is in. We'll email you within one business day to set up a call.