Restaurant Valuations
How much is your restaurant worth?
When it’s time to sell a restaurant, most restaurant owners don’t have an exit strategy or have no idea of the value of their restaurant. 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 are usually more successful than those without. An exit strategy consists of clean books and records, updated-looking restaurants, understanding the lease, and knowing the status of the PPP loan, Economic Injury Disaster Loan (EIDL), and SBA loan.
Get a Restaurant Valuation
A trained Restaurant Broker can provide a restaurant valuation that gives Restaurant Owners an idea of fair market value in today’s market. The Restaurant Broker at EATS broker will ask for the following documentation:
-Profit and Loss Statement for three years
-Tax Returns for two years
Contact the Restaurant Resale Specialist at EATS Broker for a complimentary restaurant valuation.
