The sales process is a delicate balance between the needs and requests of the buyer and seller. Added to that is the collaboration and cooperation related to financing and escrow; and the guidance, work, and expertise of the restaurant broker. Please find below the steps… Read More »The Restaurant Sales Process
A professional restaurant broker should have a vast amount of restaurant, bar, and/or club experience, and understand the operations, marketing, and financial aspects of the business. Additionally, a competent restaurant broker should have successfully completed numerous sales transactions involving restaurants, bars and/or clubs. By having… Read More »Benefits of working with a Restaurant Broker
Retirement – This is a common reason why sellers sell. They, simply grow too old to properly run and manage the affairs of their business. If a seller does not have heirs interested in coming into the business, it is best that they take a… Read More »Why Seller’s Sell
SCREENCAST: Selling Your Restaurant – What You Need to Know to Attract Serious Buyers & Get Top Price Lead by Jim Laube Even if it’s not today, at some point you’re going to want to sell your business. Particularly if you’ve never sold a business… Read More »Selling Your Restaurant – What You Need to Know to Attract Serious Buyers & Get Top Price
Based on the busy activity we have experienced on both the selling and buying sides of our business it appears that 2008 will be another very busy year for Restaurant Realty Company. Unlike many other businesses that have been negatively impacted by the slow down… Read More »2008 Will Be a Strong Year for Buying & Selling Restaurants, Bars & Nightclubs
We have sold over 400 food service businesses as a result of our commitment to maintaining a large inventory of businesses for sale and making a meaningful investment in marketing and advertising these businesses. You can have the greatest product in the world but unless… Read More »Restaurant Realty’s Marketing System Completes Over 400 Successful Transactions
The Escrow Process An escrow is a process whereby there is a third party in a transaction, (the first and second parties are the buyer and seller), usually an escrow company, which is a neutral entity hired by buyer and seller to hold and disburse… Read More »The Eight Step Selling Process – Part II:
From The Offer Stage Through The Close Of Escrow Stage We thought it be helpful to discuss the various stages of the selling process as eventually most of you will be selling your business some day. In this edition we will cover the following topics:… Read More »The Eight Step Selling Process – Part I