Moving targets: determining the fair market value of restaurants

Business Valuation UpdateVol. 5 No. 2
Special Reports
February 1999
income approach, fair market value (FMV), market approach, pratt's stats (PS)


One of the few constants about restaurant appraisal is that there is nothing constant about it. Volatility is the name of the game in the restaurant appraisal business. Concepts like theme restaur ...