Sunday, July 13, 2014

What does freehold going concern mean?

What does freehold going concern mean?
It generally refers to the sale of a business and freehold property. For example a going concern generally means the goodwill of an operating business and the freehold refers to the tenure of the property. so in this case it means for example 500,000 for the freehold of the property and inclusive of the value of the goodwill, therefore 500k buys you the business and the property.

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