Posted by Cochise on April 07, 2008 at 16:09:46:
I NEED HELP!
Commercial Real Estate Appraiser: John Simpson, MAI, CCIM
Commercial Real Estate Appraiser: John Simpson, MAI, CCIM
"Bar Appraisals
April 6th, 2008 · No Comments
Bar and restaurant appraisals are interesting assignments. Unless you are going for an SBA loan, the lender only wants to lend on the “bricks and sticks.” They are not interested in the bar equipment (AKA FF&E), business value or good will. The hardest part of this type of assignment is how to separate business value from real estate."
http://valustar.net/wordpress/2008/04/06/bar-appraisals/
You certainly do you poor sod! Cannot differentiate between Business and Real Estate. What a joke!
Commercial Real Estate Appraiser: John Simpson, MAI, CCIM