With its engaging conversational tone, this user- friendly Guide is an essential reference for any appraiser conducting valuations in the volatile restaurant industry. Coverage includes national, regional, and local economic impacts along with data links, use of Rules of Thumb and how to avoid pitfalls, Tips for conducting effect restaurant management interviews, how-to perform effective site visits, valuation of each restaurant's fixed assets and capex, how financing really works, idiosyncrasies of valuing franchise restaurants, project cash flow and much more.