Appraisal Matters

Can we talk?  About the income approach, that is.

Playing Hard to Get

The income approach has most of the same potential problems as the sales comparison approach.  Finding a lease for the land and a fast food building is almost impossible.  I’ve already talked about the sale leaseback.  Since land leases are typically not that common, most . . . → Read More: Secrets of Fast Food Valuations – Part 7 of 7

So you want to play the sales comparison adjustment game, eh?  You can leave your dartboard behind.  I’ll get more accurate than that.  Don’t worry, I haven’t said you need to do paired sales, which is archaic appraisal theory that doesn’t fit into the real world.  No square-peg-in-round-hole whack a mole today.

The Overlap Problem

Remember our friend . . . → Read More: Secrets of Fast Food Valuations – Part 6 of 7