Public house valuation: worked examples
This document is only available with a paid isurv subscription.
Town centre, leasehold circuit bar | |
---|---|
Actual turnover |
£1,100,000 |
Fair maintainable turnover |
£1,400,000 |
Net profit before rent |
32% |
|
£448,000 |
Current rent £140,000, review in 6 months |
|
Current rental value |
(£145,000) |
Achievable net profit |
£303,000 |
YP (by comparison with similar sales) |
2 YP |
|
£606,000 |
Less upgrade to achieve fair maintainable turnover |
(£400,000) |
Value of lease, goodwill and contents |
£206,000 |