What is Your Restaurant Worth? Top Four Factors in Restaurant Business Valuation
4 Min Read By Bruce Hakutizwi
Your restaurant. It was your dream business and, if it’s become successful, there’s no doubt it’s been a labor of love. Over the years you’ve poured blood, sweat, and probably even a few tears, into growing and nurturing it.
Now you’re ready to sell. When it comes to valuing your restaurant, however, all of that history and attachment can cloud your ability to properly value your business and put it on the market. If that’s the case for you, it can be extremely helpful to take an unbiased look at exactly what factors go into determining your business valuation.
Let’s take a look at the top factors that you must consider when assigning a value to your restaurant:
Cost of Assets: You’ve probably amassed a lot of equipment in your restaurant and when you’re ready to sell, you’ll need to determine whether or not all of these assets will go with it. If so, you’ll need to determine what you’ve invested in them. While you can’t hope to recoup the entirety of your…
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