What Are the Hardest Restaurants to Sell? | EATS Broker
What Are the Hardest Restaurants to Sell? The restaurant industry is vibrant, fast-paced, and filled with passion. However, the commercial reality of exiting the space can be a sobering wake-up call for many owners. Statistics show that only about 30% to 40% of all restaurants listed for sale will actually close a deal with a […]
3 Crucial Mistakes to Avoid When Selling Your Restaurant | EATS Broker
Deciding to step away from your business and sell your restaurant is one of the most significant financial and emotional choices you will ever make as an entrepreneur. However, finding an interested buyer and agreeing on a base sales price is only the beginning of a complex negotiating journey. To increase the odds of successfully […]
When to Sell a Restaurant: 8 Reasons Why That Start with “D”
When to Sell a Restaurant? 8 Reasons Why That Start with “D”! Deciding when to sell a restaurant is one of the most emotionally and financially challenging choices a business owner will ever make. Whether your eatery is thriving and you want to cash out at peak value, or you are facing operational headwinds, timing […]
Are You Ready to Sell Your Restaurant? 7 Questions Owners Must Ask Themselves
Have you found yourself looking at your dining room before service, wondering if it’s finally time to move on? You aren’t alone. Deciding to sell your restaurant is one of the most mentally complex and emotionally draining decisions a hospitality business owner will ever make. For most operators, a restaurant isn’t just a corporate LLC; […]
4 Tips on How to Sell a Restaurant Successfully
Written by Dominique Maddox, CBI, CFE, Founder and President of EATS Broker, a restaurant brokerage firm specializing in restaurant, bar, and franchise resales.” Selling a restaurant is not the same as selling a house, a piece of equipment, or a regular small business. A restaurant sale involves financial records, lease terms, landlord approval, buyer financing, […]
What Is Restaurant Prime Cost? How to Calculate and Lower It
What Is Restaurant Prime Cost and Why Does It Matter? In the hospitality industry, profit margins are notoriously thin. Between fluctuating food prices, changing minimum wage laws, and seasonal shifts in foot traffic, restaurant owners must maintain a laser-focused grip on their finances. If you want to know whether a restaurant is truly healthy or […]
Virtual Brands: Do They Work for Restaurant Owners? | EATS Broker
Virtual Brands: Do They Work for Restaurant Owners? The culinary landscape has shifted dramatically over the last few years. Traditional brick-and-mortar restaurants are facing tighter profit margins, rising food costs, and labor shortages. To combat these economic pressures, thousands of operators have turned to a digital-first strategy: virtual brands. But a burning question remains for […]
What Do Restaurant Business Brokers Do? | EATS Broker
What Do Restaurant Business Brokers Do? If you have ever watched a professional football game, you know that the quarterback is the absolute engine of the offense. They aren’t just passing the ball; they are reading the defense, calling audibles at the line of scrimmage, managing the clock, and keeping every single player aligned toward […]
How to Sell a Restaurant: Maximizing Value Through Story
How to Sell a Restaurant: Why “Telling the Story” Maximizes Your Valuation When a prospective buyer looks at a restaurant for sale, the first thing they check is the math. They want to see the Profit & Loss (P&L) statements, the Seller’s Discretionary Earnings (SDE), and the lease terms. However, data alone rarely closes a […]