In June 2015, EAC was awarded both Business Valuation and Real Estate contracts for a restaurant located in West Chester, PA. The property contains approximately 8,000 total square feet of building area, or two floors of 4,000 square feet each on approximately 0.15 acres. The purpose of this appraisal was to develop and report an opinion of the Fair Market Value of the real estate, liquor license and business for third party financing. The valuation of the business and liquor licenses were conducted and all reports were prepared in accordance with the National Association of Certified Valuators and Analysts (NACVA). The real estate appraisal was conducted and all reports were prepared in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP).
‣ Industry: Restaurant
‣ Standard of Value: Fair Market Value