Maximizing Value–Dollars and Sense

What is a Failing Restaurant Worth?

When a restaurant business is failing, it is common to evaluate the assets when estimating the selling price.  The most common way this is achieved is by engaging an auction company that is experienced in liquidating restaurant furniture and equipment or possibly an experienced equipment dealer. Although this method is common, I believe it is only accurate when a restaurant business has lost its lease.  Generally, this achieves the lowest possible selling price. During the early 1990s I noticed a trend in the Denver restaurant resale market that caught my... Read More