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Assetz Capital (AC)
Aberystwyth
Nov 13, 2013 12:46:42 GMT
Post by jevans4949 on Nov 13, 2013 12:46:42 GMT
The valuation of the business must be a question. If the current proprietors have been in the business 30 years, retirement must be on the horizon, and the need for a sale at some point must be considered - unless there is a son or daughter to take over management. With the general contraction of the pub business sector, what is the prospect for a sale as a going concern.
The dynamics of the local market for a particular business are probably key, and unless you know the area are difficult to assess. While I don't doubt that Assetz has done a good job, I believe you must use your own Skill and Judgment (as they used to say on the corn flakes packet) when deciding how much you want to risk.
Hopefully Assetz lender base will continue to grow so that there ceases to be a question about whether 6/7 figure loans can be filled.
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