Restaurant Owner Exit Strategy: How to Prepare to Sell Your Restaurant | EATS Broker
Restaurant Owner: Do You Have an Exit Strategy? Most restaurant owners spend months or years thinking about how to open their restaurant. They think about the concept, menu, build-out, equipment, staff, branding, lease, vendors, and grand opening. But many restaurant owners do not spend enough time thinking about how they will eventually exit the business. […]
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, […]
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 […]
Thinking About Selling a Restaurant? Strategy & Timing | EATS Broker
Thinking About Selling a Restaurant? Strategy & Timing When you find yourself consistently thinking about selling a restaurant, your mind is likely consumed by numbers: your total investment, your remaining lease obligations, and the final payout you expect to receive at the closing table. However, transitioning from a day-to-day hospitality operator to a successful seller […]
Day in the Life of a Restaurant Broker | EATS Broker
Have you ever wondered what goes on behind the scenes of a successful restaurant sale? Watching a local hotspot transition to new ownership might look seamless from the outside, but the path to a done deal is paved with intense strategy, meticulous financial analysis, and nonstop communication. As specialized restaurant brokers at EATS Broker, our […]
How COVID-19 Permanently Changed Restaurant Brokerage
How COVID-19 Permanently Redefined the Restaurant Brokerage Industry When the COVID-19 pandemic first shook the food and beverage industry, business brokers and restaurant owners treated it as a temporary hurdle. Years later, it is clear that the crisis didn’t just present a passing disruption—it permanently rewrote the rules of buying, valuing, and selling a restaurant. […]
3 Common Reasons Why New Restaurants Fail (And How to Avoid Them)
Have you ever noticed a beautifully designed new restaurant open in your neighborhood, only to see its windows dark and a “Space Available” sign up just months later? Every year, thousands of passionate entrepreneurs launch culinary concepts with dreams of building a thriving local hotspot. While some possess deep industry backgrounds, a massive wave of […]
4 Reasons Why Fast-Casual Restaurants are Growing
Reasons why Fast-Casual Restaurants are growing can be attributed to a number of factors. When you think of a Fast-Casual Restaurant what is the first thought that comes to your mind? Why are Fast-Casual Restaurants Growing? Most people have an idea but don’t know how a Fast-Casual Restaurant is defined. Ask a person to name […]
Should I Sell My Restaurant? 7 Signs It May Be Time | EATS Broker
Every restaurant owner eventually asks the same question: “Should I sell my restaurant?” For some owners, the question comes after years of building a profitable business and wanting to retire. For others, it comes after burnout, rising food costs, labor challenges, partnership issues, lease concerns, or a lifestyle change. Sometimes the restaurant is still performing […]