Things to Remember When Purchasing a Profitable Business
Restaurant Realty Minimizes the Risk of Purchasing a Business Purchasing a going-concern (a business that is profitable) business is less risky than buying an assets in- place business when the buyer changes…
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First Quarter
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Keith Simpson – Host of “Buy This Restaurant”
The Restaurant Dealmaker After graduating from the London College of Hotel and Catering and working as a chef in London restaurants, Keith Simpson experience elevated him to cater for the British Royal family…
Troubled Business Signs to Look For
Employees comment that customers are complaining about poor service, poor maintenance conditions, and the quality and quantity of menu items. Sellers owe back vendor debt, tax debt, etc. Seller is…
Chyna Honey – Cafe del Soul
In 2003 Chyna Honey was unsatisfied with a corporate career in South Florida. She decided to take a leap of faith after resigning from her job and taking some time…
The Buyer’s Due Diligence Process – Part I
This is part one of a two part series on the buyer’s due diligence process that is necessary for a buyer to follow in determining the viability of purchasing a…
Robby Morgenstein – Miller’s East Coast Deli
Robby Morgenstein grew up in Baltimore’s large suburban Jewish community. Robby says that in his home, a “huge” fish platter (along with Frank Sinatra on the radio) was standard Sunday…
How Buyers Evaluate a Restaurant, Bar or Club Business to Determine if it is the Right Opportunity – Part 2
The three primary areas buyers focus in on in doing their analysis to determine if the restaurant, bar or club opportunity it the right one for them is as follows:…
Jennifer & Steven Sarver – San Francisco Soup Company
San Francisco Soup Company is a family owner business started by Jennifer Sarver in early 1999. Inspired by the success of soup bars in New York City after the famous…
Methods for Raising Money for a Restaurant, Bar and/or Club Acquisition – Part 1
Methods for raising money for a restaurant, bar and/or club acquisition is a two part series and in this first part I will discuss the following topics: 1. raising you…
Ron Silberstein of Thirsty Bear Brewing Company
Thirsty Bear Brewing Company, housed in a beautiful historic brick building in San Francisco directly across the street form the Moscone Center and Yerba Buena Center, is one of the…