A restaurant is a special-use property that presents unique challenges to its valuation. Moreover, many valuation professionals do not fully account for the risks specific to the turbulent restaurant industry and their ramifications on real property. Appraising Restaurants focuses on the appraisal of restaurant properties and will enable appraisers experienced in general commercial real estate valuation to explore issues unique to restaurants. Filled with case studies and real-life examples, this 7-hour program provides ample opportunities for participants to interact with the instructor and other students.
After satisfactorily completing the program, participants will be able to:
Describe how the restaurant business relates to the valuation of restaurant properties.Describe how transaction scenarios relate to various valuation scenarios.Understand the relationship between market analysis and real estate cycles.Identify key factors in assessing a restaurant location.Identify key factors in assessing a restaurant property.Evaluate which valuation techniques are appropriate and when.Properly apply the valuation techniques developed.
