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. […]
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 […]
Dominique Maddox of EATS Broker sells Mr.Jim’s Pizza in Keene, Texas.
Keene, TX- EATS Broker, EATS Broker, a leading restaurant brokerage firm, is pleased to announce the successful sale of Mr. Jim’s Pizza, located at 101 Old Betsy Rd #4, Keene, TX 76059. EATS Broker represented the Seller and the Buyer through a complex transaction, ensuring a smooth a successful closing. EATS Broker received a 5-star […]
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 […]
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 […]