With its engaging conversational tone, this user- friendly Guide is an essential reference for any appraiser conducting valuations in the volatile restaurant industry. Coverage includes national, regional, and local economic impacts along with data links, use of Rules of Thumb and how to avoid pitfalls, Tips for conducting effect restaurant management interviews, how-to perform effective site visits, valuation of each restaurant's fixed assets and capex, how financing really works, idiosyncrasies of valuing franchise restaurants, project cash flow and much more.
Table of Contents
Introduction
Chapter 1: Rules of Thumb
Chapter 2: Restaurant Economy and Restaurant Industry Overview
Chapter 3: Restaurant Site Visit
Chapter 4: Market Research
Chapter 5: Management Interview & Request for Info Addendum
Chapter 6: Fixed Assets and Capital Expenditures
Chapter 7: Franchised Restaurants, Are They Really So Different?
Chapter 8: Financing
Chapter 9: Smorgasbord
Chapter 10: Market Approaches in the Restaurant Industry
Chapter 11: Restaurant Projections
Chapter 12: Determination of Value for Restaurant
Chapter 13: Justification of Purchase Price
Chapter 14: Conclusion