Unit Valuations
GROWING CONCERNS OVER SALES & COST OUTLOOK
While RR’s appraisal survey remains bullish even for FSR, there are growing concerns by potential buyers over the sustainability of industry sales while food & labor costs continue to escalate.
Cap Rates
CAP RATES FALL TO ALL-TIME LOW ON LIMTED INVENTORIES
The average cap rate for February fell to 5.15% (lowest since we have been tracking this metric) which reflects relatively low supply and an increasing demand for hard assets.