Bring your own bottle (BYOB). Is it good for restaurants?
Bring your own bottle (BYOB) policy can be good for restaurants, but it also has some significant downsides. If a restaurant has a BYOB policy, customers are allowed to bring their alcoholic beverage of choice to the restaurant. Strict licensing requirements and high taxes on alcohol sales have made the idea of restaurant owners to […]
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 […]
Restaurant Broker Dominique Maddox of EATS Broker sells two Schlotzsky’s
Restaurant Broker Dominique Maddox of EATS Broker sells two Schlotzsky’s franchises in Galveston, Texas. EATS Broker represented the seller and buyer for this transaction. The seller, a multi-unit owner, had experience selling their restaurants for sale by the owner in the past. After researching EATS Broker, they decided to give the Restaurant Brokerage Firm located […]
Preparing to Sell a Restaurant-What you Should Know
The decision to sell a restaurant is the first step and figuring out how to sell a restaurant is the second step. When preparing to sell a restaurant, what should you know before starting the process? Baby boomers at record numbers are planning to retire and want to sell a restaurant. The preparation to sell […]
Questions to ask when Buying a Restaurant Franchise Resale
Customers that are buying a Restaurant Franchise resale do intensive research on the restaurant for sale opportunity but not enough research about the Franchise Brand. The relationship between a Franchisee and Franchisor is a business marriage that can end in success or divorce. Franchise Brands provide the franchise disclosure document (FDD) to individuals interested in […]
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, […]
Dominique Maddox Featured in Voyage Dallas Magazine: The Story Behind EATS Broker
Dominique Maddox, Founder and President of EATS Broker, was featured in Voyage Dallas Magazine as part of its Local Stories series highlighting entrepreneurs, business owners, and community leaders across the Dallas area. The feature gave readers a deeper look into Dominique’s journey from Anchorage, Alaska, to becoming a restaurant broker, business owner, and founder of […]
Restaurant Broker- What I like about the business
Restaurant Broker what I like about the business is a blog written from my viewpoint after being a successful Restaurant Resale Specialist for almost ten years. I’m currently the Founder and President of EATS Broker, a brokerage firm specializing in selling Franchise Resales, independently owned restaurants, bars, and nightclubs. The problematic fact about being a […]