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Updated about 7 years ago,
Commercial business/restaurant appraisals in the LA area.
Hey all,
My in-laws have their [Chinese] restaurant listed in the Los Angeles area (they own the business but are leasing the space they're in currently) and don't really seem to have a valuation of their restaurant. I was wondering if anybody has references or contacts for a reputable business appraiser in the Los Angeles area who could help them out. They are primarily Chinese-speaking (Mandarin) so it would be nice if the appraiser or someone at the company could speak/translate. If not, also not that big of a deal either though. I think they just need to get an idea of what the actual value is for the restaurant instead of considering offers based on some number they came up with that may or may not be accurate.
Any info would be greatly appreciated. TIA!