Case Study: How EATS Broker Successfully Closed a Restaurant Sale in Downtown Dallas, Texas
Selling a restaurant in a major metropolitan hub like Downtown Dallas requires more than just placing a “For Sale” sign in the window. It demands local market expertise, absolute confidentiality, and a deep understanding of urban commercial real estate dynamics. At EATS Broker, we are proud to announce the successful sale of a prime restaurant […]
Restaurant Broker Dominique Maddox of EATS Broker sells Jimmy John’s franchise
Restaurant Broker Dominique Maddox of EATS Broker sells Jimmy John’s in Benbrook, Texas. EATS Broker represented the seller and buyer for this transaction. The buyer is a multi-unit owner expanding his territory and ownership in Jimmy John’s. The new ownership group takes over a successful location with sales of over $840,000 in 2022. The seller […]
Restaurant Owner Exit Strategy: How to Prepare to Sell Your Restaurant | EATS Broker
Restaurant Owner: Do You Have an Exit Strategy? Most restaurant owners spend months or years thinking about how to open their restaurant. They think about the concept, menu, build-out, equipment, staff, branding, lease, vendors, and grand opening. But many restaurant owners do not spend enough time thinking about how they will eventually exit the business. […]
Questions to ask when Buying a Restaurant Franchise Resale
Customers that are buying a Restaurant Franchise resale do intensive research on the restaurant for sale opportunity but not enough research about the Franchise Brand. The relationship between a Franchisee and Franchisor is a business marriage that can end in success or divorce. Franchise Brands provide the franchise disclosure document (FDD) to individuals interested in […]
Day in a Restaurant Broker’s Life
What does a Restaurant Broker actually do daily? Dominique Maddox, Founder and President of EATS Broker share his thoughts about the Day in a Restaurant Broker’s life. I wrote a blog last year about my daily activities by the minute as a Restaurant Broker that received great interest and replies. I have decided to start […]
Selling a Franchise Restaurant-Transfer Fee
When selling a franchise restaurant, how much is the Franchise Transfer fee? This question is one of the first questions EATS Restaurant Brokers wants to know from franchisees interested in selling a franchise restaurant. Franchises have various Franchise Fees, but one fee is significant for reselling a restaurant, and it’s the Franchise Transfer Fee. The […]
Who pays for closing attorney fees for restaurant sale?
Who pays for closing attorney fees for a restaurant sale, who does the lawyer actually represent? Once the buyer-seller has agreed to a purchase price, next, it’s time to open escrow and hire a closing attorney. The closing attorney represents the buyer, and it’s the buyer’s expense to pay at the closing table. Most transactions […]
The Cares Act 2-How does it help Restaurants?
The Cares Act 2 has some generous provisions to help restaurants. EATS Broker wants to share some great news about the latest $900 billion coronavirus relief bill. The coronavirus relief bill extends and modifies several provisions first enacted in the CARES Act, Congress’s $2.2 trillion pandemic relief law passed in March 2020. Congress passed the […]
Best Cities in the US for Foodies-Atlanta
Atlanta, Georgia is one of the Best Cities in the USA for Foodies. Atlanta is a food lover’s paradise with the diversity, history, and various geographical food hubs in metro Atlanta. Atlanta is one of the top 20 foodie cities in the United States, and for good reason. You can find any kind of food […]