How Much Does it Cost to Open a Restaurant
By Dominique Maddox, CBI, CFE – The Restaurant Broker at EATS Broker Thinking about opening a restaurant? Opening a restaurant is exciting—but it’s also expensive, complex, and often misunderstood. Many first-time restaurant owners, corporate refugees, and even experienced operators underestimate the actual cost of launching a restaurant. The harsh reality? A large percentage of restaurant […]
Selling Your Restaurant? Here’s What Every Owner Must Know
Advice from a Restaurant Broker Who Specializes in Selling Restaurants As a restaurant owner, deciding to sell your business is one of the most significant financial and emotional decisions you’ll ever make. Selling a restaurant is not just a business decision; it’s an essential economic and legal transaction that requires preparation, strategy, and professional guidance. […]
Ready to Sell a Restaurant? What Documents Are Needed?
Are you ready to sell a restaurant and wondering what documents you need to prepare? You’re not alone. After a challenging year for many operators, marked by rising costs, labor shortages, and tighter profit margins, restaurant owners across the country are beginning to consider their restaurant exit strategies seriously. The end of the year is […]
Restaurant Valuations for Baby Boomer Owners
Restaurant valuation is a specialized process combining financial analysis, industry knowledge, and industry-specific knowledge. Working with a professional restaurant broker becomes essential for Baby Boomer restaurant owners looking to sell a restaurant. As Baby Boomers start thinking about retirement or transitioning into the next phase of life, one critical question arises: What is my restaurant […]
EATS Broker Attends the Texas Association of Business Brokers (TABB) Annual Conference
When it comes time to sell your restaurant in Texas, choosing the right Restaurant Broker makes all the difference. EATS Broker, a firm specializing exclusively in selling restaurants, bars, and nightclubs, continues to stay ahead of industry trends by attending the Texas Association of Business Brokers (TABB) Annual Conference. Dominique Maddox, CBI, CFE, widely known […]
Selling Your Restaurant: A Comprehensive Guide
Selling your restaurant is not like selling a home. Maximizing value can be complex and challenging if a restaurant owner is unprepared and unorganized. Restaurant owners know how hard it is to operate a successful restaurant, but most are clueless about selling it. Restaurant owners have sacrificed to build a successful restaurant, and when it’s […]
What is a Restaurant Broker
A Restaurant Broker is a trained Business Broker who specializes in selling restaurants, bars, and nightclubs. Daily, a Restaurant Broker talks with restaurant owners, reviews restaurant tax returns and profit and loss statements, and answers buyer inquiries. Restaurant Brokers work in a niche industry of Business Brokerage solely focused on helping restaurant owners. A restaurant […]
What is a Restaurant Brokerage
What is a restaurant brokerage? This is a question that is frequently asked by restaurant owners looking to sell their businesses. A Restaurant Brokerage is created by a business broker who specializes in helping restaurant owners with the transaction of selling a restaurant or acquiring restaurants through acquisitions. Restaurant Brokerage firms provide restaurant valuations to […]
Selling a Restaurant- A Guide to Working with buyers
When selling a restaurant, most restaurant owners don’t have a guide to work with buyers, so they are clueless about the restaurant resale process. Today’s buyers are more educated than ever, and many will Google the process of buying a restaurant and have a checklist of items to request. Selling a restaurant is more than […]