Tip - What is a Restaurant or Bar Worth? How to Estimate Value. | William Bruce on Business: A Discussion on WordPress.com

Certain situations require a formal, fully documented business appraisal. However, what we’re talking about here is not a formal appraisal but rather the informal methods of quickly approximating the value of the restaurant or bar. All of the guidelines we’ll quote are averages derived from hundreds of completed transactions reported to regional and national databases.…