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 […]
3 Common Mistakes Restaurant Buyers Make
What are the Common mistakes restaurant buyers make when buying a restaurant? The answer is complicated but simple at the same time. There are several common mistakes that potential restaurant buyers should be aware of when deciding to buy a restaurant. The Restaurant Broker at EATS Broker provides some of the most common mistakes restaurant […]
Selling a Restaurant? Are you ready
When selling a restaurant, owners can make several mistakes that impact the experience. Restaurant Business Brokers sell multiple restaurants a year, while most restaurant owners will only experience selling a restaurant once in their lifetime. Understanding the resale process of restaurants takes years of experience. When selling a restaurant, business owners should prepare mentally for […]
Thinking about selling a restaurant
When restaurant owners are thinking about selling a restaurant, it’s essential to approach the process thoughtfully and strategically. Every Restaurant owner has a different story about why they want to sell a restaurant, but some things are expected. The restaurant business broker at EATS Broker provides steps to consider when thinking about selling your restaurant: […]
Selling your Restaurant: What should you know?
Are you selling your restaurant in today’s market? What should you know about selling a restaurant before you start? The Restaurant resale market is much different from the housing resale market. Only 2%-5% of Restaurant Buyers inquiring about restaurants for sale will purchase a restaurant. Dominique Maddox of EATS Broker thinks restaurant owners are shocked […]
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 […]