What is the best time to sell a restaurant?

What is the best time to sell a restaurant?

The best time to sell a restaurant can depend on various factors outside the Restaurant seller’s control. The elements can include specific circumstances of the restaurant business, market conditions, and your personal goals. The Restaurant Broker at EATS Broker provides some considerations to help you determine the optimal time to sell a restaurant: Financial Performance […]

Thinking about selling a restaurant

Thinking about selling a restaurant

When restaurant owners are thinking about selling a restaurant, it’s essential to approach the process thoughtfully and strategically. Every Restaurant owner has a different story about why they want to sell a restaurant, but some things are expected. The restaurant business broker at EATS Broker provides steps to consider when thinking about selling your restaurant: […]

Selling your Restaurant: What should you know?

Sell a restaurant

Are you selling your restaurant in today’s market? What should you know about selling a restaurant before you start? The Restaurant resale market is much different from the housing resale market. Only 2%-5% of Restaurant Buyers inquiring about restaurants for sale will purchase a restaurant. Dominique Maddox of EATS Broker thinks restaurant owners are shocked […]

When it’s time to sell a restaurant, do you have an Exit Strategy?

Restaurant Valuation

When it’s time to sell a restaurant, most restaurant owners don’t have an exit strategy. Some Restaurant Owners think they can sell their Restaurant anytime, like a residential property. The hard fact is that only about 20%-30% of restaurants listed on the market will sell. Restaurant owners with a plan when it’s time to exit, […]

Buying a Restaurant with SBA Lending. Things to Know

Buying a Restaurant with SBA lending is a great opportunity for buyers to finance up to 90% of the total acquisition cost. Restaurant Acquisitions are eligible for Small Business Administration (SBA) 7(a) loans, but the process can be time-consuming and requires many supporting documents. The restaurant buyer’s and the restaurant seller’s financial documents must be […]

EATS Broker sells a Pizza Franchise in Crawford, Georgia

Dominique Maddox of EATS Broker sells a Pizza Franchise in Crawford, Georgia. EATS Broker represented the seller and buyer. The seller is a repeat client; he bought the restaurant in 2021 with the assistance of the Restaurant Broker at EATS Broker. The new owners bought the building and the Pizza Franchise for Sale. They plan […]

5 Benefits of Buying an Existing Restaurant

Buying an Existing Restaurant

The 5 Benefits of Buying an Existing Restaurant have many positive attributes. The current restaurant owner has built a proven business model, established a client base, and gone through the headaches of the initial building-out phase of the restaurant space. The harsh reality of the restaurant industry is that 60% of restaurants will close their […]

10 Ten Interesting Facts about the Restaurant Industry

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It’s easy to find interesting facts about the Restaurant Industry. The National Restaurant Association publishes a Restaurant Owner Demographics Data Brief every year. After reading the March 2022 Data Brief, the Restaurant Broker at EATS Broker picked ten interesting facts. Hawaii (64%), Texas (59%), California (58%), Georgia (55%), Maryland (54%), and the District of Columbia […]

Time to sell your restaurant? How to defend your listing price

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When it’s time to sell your Restaurant, how do you plan to defend your listing price? This question is excellent for anyone considering hiring a Restaurant Broker or For Sale by Owner. It’s easy to think of a random number, list a restaurant for sale, and answer buyer inquiries. Selling a restaurant is like fishing; […]