How do you determine the fair value of a bar?

Answer by  bo (874)

First, you need to determine what money you need to get out of the sale, and then look at the prices of other bars in your area.

Answer by  patti (29325)

Depending on the location, whether you want to sell the business and/or the property, how established the business is, and the economy, the FMV will vary quite a bit. The best approach is to engage the services of a real estate agent who handles the sale of commercial enterprises.