The restaurant industry has one of the highest turnover rates in commercial business. As a result, the need for appraisals within this sector is considerable. Many factors will affect an appraisal of a restaurant and food services business. Here’s a shortlist of key factors: Purchase or lease terms of the facility; Conditions of its furniture, fixtures & equipment like cooking, refrigeration and fire suppression systems; Track record of earnings and sustainable sales; Location and desirability; Staffing considerations and terms of a Franchise agreement if applicable.

Refrigeration & Mechanical

In the area of food services, refrigeration and mechanical systems are crucial. Appraising the state of refrigeration and other mechanical equipment is a must. Refrigeration; chillers; boilers; pumps; ammonia systems; air flow and cooling towers are vital.

Processing Equipment

Every food processing operation is different. Appraisals in this industry require an understanding of the specialized machinery and equipment used. Some examples are: milk; grain & rice milling; wine making; nut and fruit processing; frozen foods; fresh greens; prepared foods; bakeries; dairies as well as food packaging and distribution equipment.

Canadian Personal Property Appraisers Group - Oil Field Heavy Equipment

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