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The valuation of fast-food outlets : analysis, methodology, and reliability

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journal contribution
posted on 1999-10-01, 00:00 authored by Richard Reed, P Elliott
Fast-food outlets are a significant subsector of the hospitality and tourism property market in Australia, and have experienced significant growth and global change in the past 20 years. However, little attention has been given in professional and academic literature to the valuation methodology and analysis of these properties. This article proposes a working definition of a fast-food outlet, traces recent changes in the structure of the fast-food industry, investigates the major determinants of value with respect to asset value, and examines to what extent these have changed. In particular, it isolates the role of goodwill in assessing going-concern value.

History

Journal

The appraisal journal

Volume

67

Pagination

359 - 369

Location

Chicago, Il.

Open access

  • Yes

ISSN

0003-7087

Language

eng

Publication classification

C1.1 Refereed article in a scholarly journal

Copyright notice

1999, Appraisal Institute

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