Situation
The three partners of a brew pub in New Hampshire wanted to know what the business was worth. They had built the business to be a fun and comfortable place to have a pint, grab dinner, and stay for a while catching up with others and playing games. The brew pub had a loyal customer base serving the local community.
As the partners thought about future planning, they wanted to determine if they should continue to reinvest in the business or if they had built enough value to consider selling. They needed an objective business valuation to help them plan.
They did an online search for a business valuation professional and secured Lou Pereira of Merrimack Business Appraisers to value their brew pub.
Merrimack Business Appraisers’ Approach
Pereira was happy to work with the brew pub owners, applying his proven approach to valuing their brew pub business. While most business owners assume a valuation is unique for every business, these owners appreciated Merrimack Business Appraisers’ rigorous and thorough process that incorporates industry fundamentals and business fundamentals that drive value while accounting for associated risks.
The owners were great people and Pereira enjoyed preparing the business valuation of this brew pub that operated seven days a week. Sourcing of the ingredients to brew the beer was consistent with any other business that sources supplies for its business, whether a restaurant or a manufacturer.
Valuation Outcome
Pereira completed the business valuation of the New Hampshire brew pub that included the brewery, bar, and restaurant. The thorough and objective business valuation enabled the three owners to decide to continue to invest in their lifestyle business.
When Values Matter.
