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For this activity, you and your team needs to bid on a Restaurant Chain called Gourmet Ventures. The firm is composed of three different lines

For this activity, you and your team needs to bid on a Restaurant Chain called Gourmet Ventures. The firm is composed of three different lines of business: A chain of steak houses called Quarters, a chain of family restaurants called Nickels, and Penny's Pizza, which serves college campuses. The provided photos show a jar that represents the Gourmet Ventures corporation that you will bid on.Each team will submit their valuation (how much intrinsic value there is in the firm (represented by the jar), their methodology for calculating the value of the jar, and the price they are willing to pay for Gourmet Ventures.Here is some information that will help you with the valuation:

  • The firm (jar) is 500 ml in size
  • 9 ml of quarters generates $2.00 of NPV
  • 12 ml of nickels generates 50 of NPV
  • 20 ml of pennies generates 25 of NPV
  • Air = Corp overhead (Worthless to the buyer)
  • There are no special synergies between your firm and the target firm

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