Emerging Restaurant Brands- The challenges of selling a restaurant resale

Restaurant for sale

Selling a Restaurant resale, especially for an emerging brand, can present many challenges. An Emerging Restaurant Brand can be defined as a Franchise Brand with less than 100 units. Emerging restaurant franchise brands are newer ventures still enduring growing pains. The Restaurant Business Broker knows that selling an Emerging Restaurant Brand in a new territory […]

Buying an existing restaurant in 2024

Buying an existing restaurant

Buying an existing restaurant in 2024 can be a great way to start the year. Buying a restaurant already established and built out can be a cheat code to success. Franchise Restaurant concepts are searching for existing restaurant space to convert to new concepts to save money on the initial build-out cost. The Restaurant Broker […]

4 Tips for a Successful Restaurant Sale

Successful Restaurant for sale

EATS Broker provides 4 Tips for a Successful Restaurant Sale in 2024 to any restaurant owner considering selling a restaurant. Selling a restaurant can be challenging, with only 30%-40% of restaurants listed for sale selling. Selling a restaurant in 2024 comes down to careful planning and execution. The Restaurant Business Broker provides tips to ensure […]

What are the most demanding Restaurants to Sell

What are the most demanding Restaurants to Sell

The most demanding restaurants to sell fall into three categories. Chef-driven restaurants, BBQ restaurants, and unprofitable restaurants or new openings. All three types of restaurants present considerable challenges when it’s time to sell a restaurant. The cold hard fact is that only 30%-40% of restaurants listed for sale will sell to a new buyer. Some […]

Restaurant Sellers vs. Restaurant Buyers-Different Mindsets

Restaurant Sellers vs. Restaurant Buyers have different mindsets when it involves buying or selling a restaurant. When a restaurant owner decides to sell a restaurant, the primary goals are to get the highest sales price, highest net proceeds, remove the lease as a guarantor, and close quickly. A restaurant buyer’s focus differs slightly from the […]

Selling a Restaurant-Mistakes to Avoid

If you are selling a restaurant, there are mistakes to avoid that can become obstacles to reaching the closing table. To increase the odds of a restaurant for sale getting to the closing table, the Asset Sale Purchase agreement needs to be adequately prepared by a trained professional. The sales price is only the start […]

10 Reasons for selling a restaurant

Reasons for selling a restaurant can differ from restaurant owner to owner. Everyone has a specific reason that they want to sell a restaurant. EATS Restaurant Brokers list of Top 10 reasons for selling a restaurant: Retirement– The baby boomers are ready to retire and enjoy the last chapter of their life in peace without […]

How to validate For Sale by Owner sales numbers

How to validate a For Sale by Owner sales numbers can be a challenge for buyers. A For Sale by Owner listing is a person that decided instead of hiring a Restaurant Broker; chose to represent themselves. People decide to represent themselves as a For Sale by Owner for several reasons: they don’t want to […]

What is a Restaurant Broker?

What is a restaurant broker?

People ask me all the time What is a Restaurant Broker? Restaurant Brokers are specialists trained to facilitate a restaurant transaction between sellers and buyers. On a daily basis Restaurant Brokers are working with professionals in the Restaurant Industry. Some Restaurant Brokers know the financials of a business better than the restaurant owners due to […]