How should I sell my Restaurant?
How should I sell my restaurant is a question most restaurant owners will have to deal with before exiting their business. Similar to residential real estate owners, restaurant owners have multiple options to choose from. Each option has pros and cons, but which one is actually better? Today’s internet has tons of information on selling […]
What is a Pocket Listing Agreement?
In the real estate industry in the United States, a pocket listing or hip pocket listing is a property where a broker holds a signed listing agreement (or contract) with the seller, whether that be an “Exclusive Right to Sell” or “Exclusive Agency” agreement or contract, but which is never advertised nor entered into a […]
What are the Benefits of Buying an Existing Restaurant?
The million-dollar question for buyers should be,” what are the benefits of buying an existing restaurant”? The Restaurant Industry has a high failure rate, around 60 percent of new restaurants fail within the first year. And nearly 80 percent shutter before their fifth anniversary according to CNBC.com Knowing these tremendous odds of failure, there are […]
Dominique Maddox of the EATS Broker Leases Fayetteville Space
Dominique Maddox of the EATS Broker leases vacant space. Mr. Everything Café will be opening in Banks Crossing Shopping Center in Fayetteville, GA. EATS Broker represented the franchisee during the transaction. Mr. Everything Cafe has been serving great food since 1993, starting in the West End Atlanta Community. Mr. Everything Cafe has received national recognition […]
How does Covid-19 affect Restaurant Valuations?
Everybody has a unique story about how the coronavirus crisis has affected their lives. During my alone time I have thought about how does Covid-19 affect Restaurant Valuations moving forward? My personal story as a Restaurant Broker is that I was scheduled to close my 1st deal with my brokerage EATS Restaurant Brokers in March […]
What Should Your Business Broker know about your business?
If you’ve reached the point where you’d like to sell your business, odds are you’ll want to engage a business broker to help you through the process. The relationship between a Business Broker and seller is a key element to getting a business or restaurant sold. As a seller, a broker can help you streamline […]
Restaurant Industry effect on everyday life!
The Restaurant Industry has a profound and impacting effect on our everyday lives. Everyone has a story about a restaurant, it could be where they worked, 1st date, prom date, celebration dinner, or many other reasons. I believe I have one of the best careers in the world as a Restaurant Broker, I work with […]
3 Tips for Leasing a Restaurant Space– EATS Broker
3 Tips for Leasing a Restaurant Space Restaurant leases can be complex and involve negotiations on some very important details to a lease. In general, restaurant commercial leases are generally much longer than a typical residential lease. The restaurant tenant is making a much larger financial commitment. Regardless of whether you are an experienced restaurateur, […]
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 […]
