Who we are
Wert-Berater, Inc. has prepared independent feasibility studies for lenders, certified development companies, and federal agencies since 1998 — more than four thousand engagements representing $40.2 billion in evaluated project value across all fifty states and international assignments. Our fiduciary duty runs to the lender and the agency, never to the sponsor’s optimism: fees are fixed, quoted up front, never contingent on findings, and a determination is never changed under pressure.
What we do
Restaurant feasibility is the most operations-dependent analysis in commercial lending: trade-area demand by daypart, the concept's check-average and turn economics against the named competitive set, the site's visibility, access, and co-tenancy, and an operating model — food cost, labor model, occupancy ratio — tested against industry benchmarks rather than the operator's aspiration. Full-service, fast-casual, and QSR formats each carry distinct unit economics the study addresses specifically, and franchise concepts add royalty, advertising-fund, and territory analysis.
How we do it
Methodology uses trade-area demographics and spending data, competitive census with observed traffic, RMA and industry operating benchmarks by segment, and franchise disclosure review where applicable. The model carries sales build-up by daypart, prime-cost sensitivity, and program coverage tests under conservative volumes.
How we can help you
Roadside and transportation-service projects arrive under SBA 504 and 7(a) for owner-operators — with SOP 50 10 8 special-purpose property treatment addressed where it applies — USDA B&I at qualifying rural locations, and conventional structures for multi-site operators. The firm's food-service record spans franchise QSR co-tenancy within fuel-retail engagements, taproom and chef-driven concepts including a $4,840,000 recreation and taproom venue in the Austin MSA, and restaurant components across its hospitality practice.
How to engage us
Standard delivery is 10 to 15 business days from complete project data. Rush delivery for deals already in underwriting is accepted case by case for an additional fixed fee, quoted up front and committed in writing. Engagements are typically initiated by the borrower, with lender or CDC confirmation obtained before work begins — institutions differ, so confirm the procedure with your lending contact.