According to Statista.com, ‘there were over 247,000 fast food restaurants in the United States as of 2018’. For commercial appraisers looking to branch out into this specialized area, this course reviews leased fee valuation, the sales comparison and income approach (including the discounted cash flow analysis) as they relate to appraising fast food restaurants. Given the immense popularity of fast food in the United States, it’s important for an appraiser to understand the unique aspects of these facilities, from their physical characteristics to the lease clauses influencing value. Additionally this course touches on fee simple value analysis and going concern value analysis for fast food restaurants.
1. Chapter 1: Industry Overview, Physical Characteristics and Operations
2. Chapter 2: Leased Fee Sales Comparison Approach
3. Chapter 3: Leased Fee Income Approach
4. Chapter 4: Introduction to Fee Simple Value & Going Concern Value Analysis
5. Final Exam
Course ratings and reviews
McKissock is rated out of 5 by 1730.
Rated 5 out of 5 by Gregory K from the course had good content that covered steps well as well as providing reference data sources that can be used i future appraisals.
Date published: 2019-05-28
Rated 5 out of 5 by Larry P from Good information for all appraisers, whether familiar with fast food properties or not.
Date published: 2019-05-26
Rated 5 out of 5 by Daniel B from Course was well designed and informative in certain areas.
Date published: 2019-04-22
Rated 5 out of 5 by Raymond H from All Commercial Appraiser's should take this course or it's equivalent!I would highly recommend the McKissock'course!
Date published: 2019-02-17
Rated 5 out of 5 by Roger O from Good course which requires understanding of market analysis and basic understanding of appraisal theory.
Date published: 2019-02-07
Rated 5 out of 5 by John H from Great way to get CE credits on your own time instead going to an all day class which takes away from production.
Date published: 2018-11-27
Rated 5 out of 5 by PATRICIA H from Couse is good but to appraiser- appraiser would need to have some formal accounting knowledge such as a 2 year Associates Degree or work with an Accountant on the appraisal. Learned a lot of interesting information about these restaurants.
Date published: 2018-11-16
Rated 5 out of 5 by Janet G from It was extremely informative, but it was the most difficult course that I have taken.
Date published: 2018-11-07
What kind of software is required for this course (Appraisal OF. FAST FOOD FACILITIES ?
There are no specific software requirements.
Date published: 2019-01-29