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How Much Is Your Restaurant Worth? by Ron Gorodesky and Ed McCarron
How much money is your restaurant worth? Is it what the equipment and furniture cost? Is it what your sales are - or is it worthless? Restaurant operators need to value their business for various reasons including negotiating a sale price, for financing purposes or to assess new worth. This article will explain the way to value your restaurant business.
The value of a restaurant business is termed Fair Market Value ("FMV"). FMV is the highest price available where the following objectives are met in an open market:
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