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Cost Segregation for a Restaurant

A Comprehensive Source Advisors Case Study

Cost Segregation for a Stand Alone Franchise Restaurant

In the restaurant business, the right financial tactics can be game-changing. See how Source Advisors used Cost Segregation to yield notable tax savings for a well-known hamburger restaurant.

About the Restaurant

The $3,000,000 property is a national Drive-Thru and Eat-In hamburger focused restaurant.

The Challenges

With diverse assets like underground rainwater systems and specialized interiors, the goal was to accurately segregate the components to capitalize on shortened tax life opportunities.

Property Breakdown

The building is approximately 2,000 square feet. The lot is 25,000 square foot and includes parking, sidewalks, curbs, trash can surround, underground rainwater runoff and landscaping that are treated as Land Improvements with a 15 year tax life rather than 39 years.

The interior retail/food service spaces had millwork, data, point-of-sale, vinyl flooring, drive thru windows, decorative light, electrical, plumbing and HVAC that are treated as Personal Property with a 5 year tax life rather than 39 years.

The Source Advisors Solution

Source Advisors Cost Segregation engineers were engaged to analyze the acquisition cost. They then applied a cost model to allocate the purchase price to various trades and building components.

Our engineers conducted a thorough inspection of the property where estimates were performed. Key property personnel were also interviewed. A detailed report was delivered, identifying and documenting all of the components that qualify for a shorter tax life.

Financial Results

Following this extensive examination, Source Advisors accomplished:

15% or
$450,000

as 15-year Land Improvements

25% or
$750,000

as 5-year tangible personal property

Such results are standard for a national franchise in the hamburger domain. The high-end food service environment played a role in amplifying these outcomes.

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Don’t leave money on the table. Contact Source Advisors to find out how Cost Segregation can work wonders for your bottom line.

Discover the Source Advisors Difference

Our industry experience with cost segregation has helped businesses claim billions of dollars in tax credits and incentives.

Expert Analysis

Our engineers excel at delineating construction costs to yield the highest tax benefits.

Proven Track Record

Our 40-year history of achieving substantial tax credit savings for clients across various industries is a testament to our commitment and expertise.

Precision

Our thorough reporting ensures every qualifying cost is adeptly reclassified.

Seamless Client Experience

Our dedicated support team is readily available to guide you through every step of the process, ensuring a smooth and stress-free experience.

Legally Robust

Our recommendations stand in full compliance with tax legislations, offering clients unmatched peace of mind.