Restaurant Owner-Do you have an exit strategy?

Texas Restaurant Broker

A Restaurant Owner should start planning an exit strategy before signing the lease. Thinking about the exit strategy should be as important as planning for the opening. It’s a known fact that 80% of restaurants close within five years of opening their doors or has a change in ownership. Texas Restaurant Broker Dominique Maddox says, […]

3 Types of Restaurants for Sale

Selling restaurants in Texas

The start of a new year brings an increase in the inventory of listed restaurants for sale. There are three types of Restaurants for Sale that buyers will find on the market. The difference between the three types of for-sale methods is how they are listed.   – Restaurants for Sale by a Business Broker […]

Bring your own bottle (BYOB). Is it good for restaurants?

Restaurant Broker in Dallas

Bring your own bottle (BYOB) policy can be good for restaurants, but it also has some significant downsides. If a restaurant has a BYOB policy, customers are allowed to bring their alcoholic beverage of choice to the restaurant. Strict licensing requirements and high taxes on alcohol sales have made the idea of restaurant owners to […]

Independent Owned Restaurants-How to Build Value?

As an Independent Owned Restaurant, how do you increase restaurant value for resale besides good food and environment? Independent Owned Restaurants for sale usually sell for less than Franchise Owned Restaurants. Franchise Restaurants for sale provide a potential buyer with systems, training, and brand awareness to customers; these are non-tangible items that improve resale value. […]

What do Restaurant Business Brokers Do?

What do restaurant business brokers do?

Restaurant Business Brokers are more similar to a quarterback on a football team than most people think. Restaurant Brokers are the quarterbacks for the sale process. Quarterbacks are known to be some of the smartest people on the team. A team that has a great quarterback has a competitive edge over another group. Restaurant Business […]

How to Sell a Restaurant- Telling the story

How to sell a restaurant in today’s market only months after the Covid-19 pandemic crippled the restaurant industry is a challenging task. EATS Broker understands selling a restaurant is just not about the tangible items or the goodwill. Buyers in today’s market want to know what the story is of the restaurant. How has covid […]

3 Tips for Leasing a Restaurant Space– EATS Broker

Tips for leasing a restaurant.

3 Tips for Leasing a Restaurant Space Restaurant leases can be complex and involve negotiations on some very important details to a lease. In general, restaurant commercial leases are generally much longer than a typical residential lease. The restaurant tenant is making a much larger financial commitment. Regardless of whether you are an experienced restaurateur, […]

What is the best time to sell a restaurant?

Best time to sell a restaurant

Timing is defined as the choice, judgment, or control of when something should be done. Most Realtors would tell you the best time to sell a house at its highest price point would be May-August. What is the best time to sell a restaurant? EATS Broker would tell you January is the best time to […]