Stock Valuations for business transfers are very important. When buying or selling a venue there are many variable consider for the Stock at Valuation (SAV). They will include: the current stock, glassware, food, the services meters, chemicals, disposables, for rural businesses even the oil or Calor gas or logs – and the fixtures & fittings.
When taking over a licensed business you must be sure to have your own, independent stocktaker. They can save you money by making sure that the ingoing value of stock etc is agreed from the two different perspectives of seller and purchaser. With an average ingoing cost of approximately £60,000 a 5% discrepancy is costly for the sake of a professional stocktaker’s fee for the day.
Hamilton Brown Stocktaking provide a valuations check and negotiation service for business transfers that includes:
- Fixtures and Fittings
- Meter Readings
- Oil/Gas/Solid Fuel