Why Sales Tax Clearance is Non-Negotiable When Selling a Restaurant
By Dominique Maddox, CBI, CFE | EATS Broker — Dallas Restaurant Broker You’ve spent years, maybe decades, building your restaurant. You know your food cost percentages, your best servers, and the exact week every year your lunch volume spikes. What you may not know is whether a small tax flag at the Texas Comptroller’s office […]
Critical Mistakes That Derail For Sale by Owner Restaurant Sales
Critical Mistakes That Derail For Sale by Owner Restaurant Sales The Hidden Reality of Selling Your Restaurant Without a Broker In today’s digital age, it’s never been easier to list a Restaurant For Sale by Owner to attract buyers. Selling a restaurant listed for $100,000- $1,000,000+ business is fundamentally different they selling a car, couch, […]
Documentation required when Selling a Restaurant
The Documentation required when selling a restaurant can depend on several factors. Once the buyer’s offer is accepted, the restaurant owner starts to think about how to complete due diligence. This essential step involves the buyer examining the restaurant documentation to determine the value, goodwill, intellectual property, and condition of furniture fixtures and equipment. Every […]
5 Things Sellers should consider with the lease assignment
5 Things Sellers should consider with the lease assignment: The best day of a Restaurant owner’s life in the business world is usually when they first open the doors to their restaurant! The Restaurant Industry can be a tough business and the second-best day for a Restaurant Owner is usually when they sell the restaurant. […]