Can you provide a realistic evaluation/valuation of a five star
property located in the Clare Valley, Australia? We are prepared to
pay a much higher price if the answer is yes!

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Clarification of Question by aldi1-ga on 26 Mar 2003 13:41 PST

web address   www.clausensofclare.com

I think you may need to provide the "much higher price" first as you
are asking some fantastic highly credible and honest as the day is
long researchers to do good research on the off-chance that your
"higher price"  will (a) actually be paid, (b) be a realistic higher
price and not just an escalation from 2 dollars to 5 dollars (c) etc
etc.

 They wont let you down if you first take the chance on a decent fee,
i.e they would not respond and expect a fee unless they were confident
they were supplying you the right product

a, of course the fee would be paid. b, is any body interested at $50.00? c, ???

The value of a business usually takes into account such things as
turnover, and running costs, as well as the real estate value. For a
business such as yours the timing of likely refurbishment would come
into account, as well as whether valuable staff members such as your
chef intended to remain with the business or go elsewhere.

Is the property one where the owners can expect to live-in? That would
be an added attraction for some people.

The length of time you have been in operation will also be a factor,
as will the degree to which the name has become established, whether
you have a significant repeat client base ("good will"), and the
nature of your advertising.

Your website is pleasant, but perhaps rather simple for a site
promoting 5-star luxury.

I doubt if it's possible to give you a realistic assessment without
access to some of your figures, which I imagine you do not want to
post in a space such as this which can be viewed by anyone.

You'll need to look at the GST rules regarding the sale of a business,
too.