Buying or Selling a Restaurant

Author
donecookn
Junior Burger
  • Total Posts : 16
  • Joined: 2003/08/27 23:21:00
  • Location: no where, NJ
  • Status: offline
2005/05/29 23:16:18 (permalink)

Buying or Selling a Restaurant

Is there a formula for estimating the worth of a Restaurant?
I am not buying or selling just trying to settle a arguement on how it is all figured out. I say gross sales over 5 or 10 years added together then divided by number of years.
#1

3 Replies Related Threads

    bassrocker4u2
    Double Cheeseburger
    • Total Posts : 534
    • Joined: 2003/11/12 07:59:00
    • Location: new holland, PA
    • Status: offline
    RE: Buying or Selling a Restaurant 2005/05/30 09:57:56 (permalink)
    there are three different formulas that i used to determine the worth of my place before i listed it for sale. i then used the middle numbers. the most practical is that one year gross sales= sell price. there are many factors that come into play such as real estate, leases, age of equipment, condition of building and equipment, and tons of other things. ultimately, a business is worth whatever someone is willing to pay for it, same as a house. my restaurant is for sell, if anyone is interested......
    #2
    donecookn
    Junior Burger
    • Total Posts : 16
    • Joined: 2003/08/27 23:21:00
    • Location: no where, NJ
    • Status: offline
    RE: Buying or Selling a Restaurant 2005/05/30 22:22:30 (permalink)
    Thanks so much for helping me out. Ok I lost the bet but ......
    lol
    #3
    2010Vision
    Junior Burger
    • Total Posts : 12
    • Joined: 2005/05/18 01:06:00
    • Location: Austin, TX
    • Status: offline
    RE: Buying or Selling a Restaurant 2005/05/31 14:11:02 (permalink)
    Net Sale (Monthly) = Gross Sale - Sale Tax * 3 = Price

    quote:
    Originally posted by donecookn

    Thanks so much for helping me out. Ok I lost the bet but ......
    lol
    #4
    Jump to:
    © 2014 APG vNext Commercial Version 5.1