How Much is a Restaurant Worth?
Valuation is the most important feature that separates HBB from all other brokers. Proper valuation is key to a successful sale or purchase. We present to our clients three methods of establishing value.
* Gross Sales Approach
* Cost to Build Approach
* Sellers Discretionary Earnings Approach
These methods use tax returns, financial statements from accountants, and recent comparable sales to derive at an accurate fair market value.
Overvaluing a restaurant is a costly disservice to the seller.
HBB are highly skilled at accurately establishing the value of a restaurant. This is the most important first step.
Contact us now to plan for your next purchase or sale.