Case Study - Valuations

INSTRUCTIONS FROM CLIENT:- To value the wet & dry stock, glassware, read the meters & act on their behalf whilst working with the Vendor’s stock taker in the purchase of a Freehouse.

 ACTION TAKEN:- Prior to the purchase a discussion took place with the Client establishing exactly what items they wished to purchase & advise accordingly. On the day of purchase ‘The Best Practice Guidelines’ as laid down by the Institute of Licensed Stock Auditors were followed, which included random testing of liqueurs, looking at invoicing information, reading meters & representing the Client’s interests in discussions with the Vendor’s stock taker. Once again a detailed, itemised valuation was produced which facilitated the purchase of the business.

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