Going Concern Value in Florida Property
Going concern value is the value of a property as an operating business, including real estate plus business operations, goodwill, workforce, and intangible assets. It represents the total value of the operating entity.
Components
- Real property (land and improvements)
- Business operations and revenue streams
- Goodwill (reputation, customer relationships)
- Trade fixtures and equipment
- Licenses and permits (liquor, healthcare)
- Assembled workforce and ongoing contracts
Going Concern vs. Market Value
- Market value: Real estate only (land + improvements)
- Going concern: Real estate + business + intangibles
- Typically higher than market value
- Appraisers must separate components
Florida Applications
Property tax disputes, estate/gift valuations, divorce proceedings, eminent domain compensation, and commercial loan underwriting.
Related Terms
- Equity — Business and property equity
- Contract — Sale of operating businesses
- Encumbrance — Business liens on property
Barnes Walker Real Estate
Barnes Walker's attorneys handle going concern valuations for Florida commercial property transactions, tax disputes, and litigation. Request a legal inquiry for assistance.
Reviewed by the attorneys at Barnes Walker, Goethe, Shea & Robinson, PLLC