Marquis Who’s Who Honors Dominique Maddox
Marquis Who’s Who Honors Dominique Maddox for Expertise in Restaurant Franchise Resales. Established in 1898, Marquis Who’s Who began publishing biographical data in 1899. The publication chronicles the lives of the most accomplished individuals from every professional field, including business, entertainment, politics, medicine, law, education, art, and religion—Marquis Who’s Who has been a valuable resource […]
What is EATS Broker
When it comes to the question, ‘What is EATS Broker? ‘, the founder and President, Dominique Maddox, is best positioned to answer. With his extensive experience selling restaurants, including seven years with one of the nation’s largest restaurant brokerage firms, he is uniquely positioned to lead the Restaurant Brokerage. EATS Broker stands out as a […]
Why Restaurant Resales Fail-Restaurant Broker Thoughts
This blog is the first time EATS Broker shares its thoughts about why Restaurant Resales fail in today’s market. Before restaurant owners open the doors and go through the excitement of opening a new restaurant, they should have an exit strategy. H.G. Parsa, an Associate professor of hospitality management at Ohio State University, conducted a […]
EATS Broker joins the Expert Panel Discussion
EATS Broker participated in the highly informative Expert Panel Discussion at the Georgia Association of Business Brokers (GABB) May General Meeting. The panel, consisting of seasoned Business Brokers, shared best practices and answered commonly asked questions about business brokerage. The event was designed to allow new and experienced business brokers to ask seasoned brokers questions […]
Emerging Restaurant Brands- The challenges of selling a restaurant resale
Selling a Restaurant resale, especially for an emerging brand, can present many challenges. An Emerging Restaurant Brand can be defined as a Franchise Brand with less than 100 units. Emerging restaurant franchise brands are newer ventures still enduring growing pains. The Restaurant Business Broker knows that selling an Emerging Restaurant Brand in a new territory […]
Buying an existing restaurant in 2024
Buying an existing restaurant in 2024 can be a great way to start the year. Buying a restaurant already established and built out can be a cheat code to success. Franchise Restaurant concepts are searching for existing restaurant space to convert to new concepts to save money on the initial build-out cost. The Restaurant Broker […]
4 Tips for a Successful Restaurant Sale
EATS Broker provides 4 Tips for a Successful Restaurant Sale in 2024 to any restaurant owner considering selling a restaurant. Selling a restaurant can be challenging, with only 30%-40% of restaurants listed for sale selling. Selling a restaurant in 2024 comes down to careful planning and execution. The Restaurant Business Broker provides tips to ensure […]
What are the most demanding Restaurants to Sell
The most demanding restaurants to sell fall into three categories. Chef-driven restaurants, BBQ restaurants, and unprofitable restaurants or new openings. All three types of restaurants present considerable challenges when it’s time to sell a restaurant. The cold hard fact is that only 30%-40% of restaurants listed for sale will sell to a new buyer. Some […]
Restaurant Sellers vs. Restaurant Buyers-Different Mindsets
Restaurant Sellers vs. Restaurant Buyers have different mindsets when it involves buying or selling a restaurant. When a restaurant owner decides to sell a restaurant, the primary goals are to get the highest sales price, highest net proceeds, remove the lease as a guarantor, and close quickly. A restaurant buyer’s focus differs slightly from the […]
