How to Grade a Restaurant for Sale
How to grade a restaurant for sale is a good question for a restaurant owner. Since Pre-K, most have been taught to judge performance by our grades. Office Buildings in Commercial Real Estate are placed in one of three categories: class A, class B, or Class C. A building rating is a national benchmark. Each […]
When it’s time to sell a restaurant, do you have an Exit Strategy?
When it’s time to sell a restaurant, most restaurant owners don’t have an exit strategy. Some Restaurant Owners think they can sell their Restaurant anytime, like a residential property. The hard fact is that only about 20%-30% of restaurants listed on the market will sell. Restaurant owners with a plan when it’s time to exit, […]
Buying a Restaurant with SBA Lending. Things to Know
Buying a Restaurant with SBA lending is a great opportunity for buyers to finance up to 90% of the total acquisition cost. Restaurant Acquisitions are eligible for Small Business Administration (SBA) 7(a) loans, but the process can be time-consuming and requires many supporting documents. The restaurant buyer’s and the restaurant seller’s financial documents must be […]
EATS Broker sells a Pizza Franchise in Crawford, Georgia
Dominique Maddox of EATS Broker sells a Pizza Franchise in Crawford, Georgia. EATS Broker represented the seller and buyer. The seller is a repeat client; he bought the restaurant in 2021 with the assistance of the Restaurant Broker at EATS Broker. The new owners bought the building and the Pizza Franchise for Sale. They plan […]
5 Benefits of Buying an Existing Restaurant
The 5 Benefits of Buying an Existing Restaurant have many positive attributes. The current restaurant owner has built a proven business model, established a client base, and gone through the headaches of the initial building-out phase of the restaurant space. The harsh reality of the restaurant industry is that 60% of restaurants will close their […]
10 Ten Interesting Facts about the Restaurant Industry
It’s easy to find interesting facts about the Restaurant Industry. The National Restaurant Association publishes a Restaurant Owner Demographics Data Brief every year. After reading the March 2022 Data Brief, the Restaurant Broker at EATS Broker picked ten interesting facts. Hawaii (64%), Texas (59%), California (58%), Georgia (55%), Maryland (54%), and the District of Columbia […]
4 Worst Decisions when selling a Restaurant
Do you plan to sell a restaurant? What are the worst decisions when selling a restaurant? EATS Broker will provide an inside look at why some restaurant sellers can be disappointed when it’s time to sell a restaurant. Did you know only 20%-30% of the restaurants listed on the market will sell to a new […]
Time to sell your restaurant? How to defend your listing price
When it’s time to sell your Restaurant, how do you plan to defend your listing price? This question is excellent for anyone considering hiring a Restaurant Broker or For Sale by Owner. It’s easy to think of a random number, list a restaurant for sale, and answer buyer inquiries. Selling a restaurant is like fishing; […]
Top 4 Biggest Myths about Selling a Restaurant
Many restaurant owners share the Top 4 Biggest Myths about selling a restaurant. Selling a restaurant is much different from selling other businesses, and many restaurant owners will only sell a restaurant once in their lifetime. When it’s time to sell a restaurant, a large percentage of restaurant owners have common misperceptions about the process. […]
