Food & Beverage Services - Overview

HVS Food & Beverage Services provides valuation, market and feasibility studies, operations consulting, and litigation support services. Our professionals have hands-on operating experience in the food and beverage industry, as well as extensive experience in performing market and feasibility studies, and appraisals. The combination of operating experience with our financial, analytical, and written communication skills gives us the tools to evaluate and appraise restaurants, banquet/catering facilities, conference centers, private clubs, and hotels with large amounts of food and beverage, and meeting facilities.

HVS Food & Beverage Services offers a comprehensive portfolio of services that include:

THE HVS SOLUTION

The market, feasibility and appraisal studies offered by HVS Food & Beverage Services provide the most in-depth and supportable research available to assist you in the development, financing, and operation of your hotel, restaurant, banquet/catering facility, and private club. Our comprehensive range of services includes:

• Hotel, Restaurant, and Banquet/Catering Facility Real Estate Appraisal
  We perform appraisals of hotels, restaurants and banquet/catering facilities for financing, sale, property tax, and litigation. Our appraisals are comprehensive and have been well accepted by lenders. Our articles on restaurant appraisal are widely used as reference materials by appraisers, lenders, and the business community. Our property tax appraisals have successfully assisted clients in their efforts to reduce property tax valuations.
   
• Market and Feasibility Studies for Hotels, Restaurants, Banquet/Catering Facilities, and Conference Centers
  Our market and feasibility studies include pro forma projections of income and expense for hotels, restaurants, banquet/catering facilities, and conference centers. Our studies have been used by a wide variety of clients including developers, lenders, investment banks, bond rating agencies, and law firms. Because of our unique combination of experience with both hotels and restaurants, we are the HVS source for studies that address the various components of a complex property in one comprehensive report.
   
• Food & Beverage Consulting
  Our staff will review food & beverage operations for hotels, restaurants, banquet/catering facilities, and private clubs. Our review will include an analysis of day-to-day operations, as well as a financial review. We offer assistance to owners and operators providing information and recommendations regarding operations, inventory controls, and menus. We can also assist with strategic planning, helping you set clear objectives and take the actions necessary to reach your organization’s goals. All of our consulting is documented in a report that can be used as a reference for your implementation of our recommendations and action plan.
   
• Highest and Best Use Studies
  Our services include site analysis, data collection, and research to consider potential demand generators, market demographics, and competitive facilities. We can assist you in identifying the highest and best use for your property.
   
• Historic Property Appraisals, Market Studies, and Consulting
  We understand the unique nature of historic buildings, and can provide assistance during all phases of the development process. Our experience includes historic restaurants and hotels in varying locations including major cities, small towns, and university campuses.
   
• Litigation Support
  We also provide litigation support as experts in restaurant real estate and business valuation, restaurant operations issues, restaurant landlord-tenant issues, and hotel property tax disputes. Our services may include written appraisal reports, consulting reports, or other expert analysis and testimony, as required for the particular case.

THE HVS EXPERTISE

The staff of HVS Food & Beverage Services are professionals. We have "hands-on" experience in restaurant and banquet operations, combined with the analytical and written communication skills necessary to furnish our clients with written reports that are detailed yet concise, well-supported, and professionally presented. Each assignment is individually structured to meet a client's specific requirements and is performed within a contractual time schedule. In the last decade, we have gained the respect of banking, investment, real estate, and hotel/restaurant professionals by providing the highest quality services available anywhere. Our goal is to provide our clients with a thorough, incisive analysis. As food and beverage consultants, we endeavor to improve management's understanding of the operation with the goal of increasing profits and guest satisfaction. As hotel and restaurant appraisers, we seek to provide our clients with reports that contain fully supported value conclusions.