Jake Tapper, the owner of The Last Call Brew Pub and Local Tappery, a restaurant and bar located in the United States, is looking to retire and sell his two businesses for USD 2.10 million. As part of deal Jake is offering to sell all the inventory and equipment associated with the businesses, but he wants any potential buyer to take on an equipment loan with an interest rate of 10%, which also has 7 years remaining on the original amortization. Students are asked to analyse the financial data provided in this case and evaluate whether Jake Tapper has correctly priced his businesses.
Selling Domestic Suds: Purchasing the Last Call Brew Pub and Tappery
- Publisher:SAGE Publications: SAGE Business Cases Originals
- Publication year:2021
- Online pub date:
- Discipline: Accounting, Cost Accounting, Financial Accounting
- Contains:Data | Supplementary Resources | Teaching Notes
- Length:2,175 words