Dominique Maddox of EATS Broker sells Hungry Howie’s Pizza Franchise
Dominique Maddox of EATS Restaurant Brokers sells Hungry Howie’s Pizza . EATS Broker represented the buyer and seller. The buyer is a Michigan native that was raised on Hungry Howie’s delicious pizza. When the opportunity came available to purchase the Hungry Howie’s Pizza, Mike jumped on the opportunity. The restaurant has been closed since June, […]
Thinking about Selling a Restaurant?
Do you have an exit plan when it’s time to sell? Thinking about selling a restaurant is only the beginning of a process that can take 6-12 months to complete. Preparing a restaurant properly before hitting the sales market can make the difference between, receiving a solid offer from a buyer or selling at a […]
Day in the life of a Restaurant Broker
What does a Restaurant Broker actually do daily? Dominique Maddox Founder and President of EATS Broker shares his thoughts about the Day in the life of a Restaurant Broker. Restaurant Brokerage is like a BIG secret fraternity where there is limited membership allowed. A large number of people don’t know the responsibilities or tasks a […]
Dominique Maddox of EATS Broker sells Sidebar
Dominique Maddox of EATS Broker Sells Sidebar. EATS Broker represented buyer and seller. The new owner Chan will reopen Sidebar in the next 60 days. Sidebar was affected by Covid-19 and doors have been closed since March. Chan plans to make some improvements inside, improve marketing, and keep the legacy of Sidebar alive. Dominique Maddox […]
Thinking about selling a restaurant?
What should you know today if you are thinking about selling a restaurant? The restaurant resale market has drastically changed from January 2020 to now. The Covid-19 pandemic has reset the restaurant market for available restaurant lease spaces, restaurant price valuations, and increased buyer’s negotiating power. Dominique Maddox a Restaurant Broker and Founder of EATS […]
What are the Benefits of Buying an Existing Restaurant?
The million-dollar question for buyers should be,” what are the benefits of buying an existing restaurant”? The Restaurant Industry has a high failure rate, around 60 percent of new restaurants fail within the first year. And nearly 80 percent shutter before their fifth anniversary according to CNBC.com Knowing these tremendous odds of failure, there are […]
Why Buy a Restaurant? Here are Four Reasons?
It’s a golden opportunity for buyers to buy a restaurant in today’s market. BizBuySell.com states website traffic has increased with Buyers and Sellers activity. Customer traffic on the internet’s largest Business for sale site now exceeds pre-Covid-19 levels. Traffic to the website was up 19% May 2020 compared to May 2019. Yelp recently updated its Local […]
SBA Bank Lending for a Restaurant
SBA Bank Lending approval for a restaurant can be a challenging task to qualify for a buyer and can make the difference of a restaurant selling or not selling. Restaurants for sale that qualify for SBA lending on the market today are far less in numbers than buyers. The restaurants that sell for the highest […]
What Should Your Business Broker know about your business?
If you’ve reached the point where you’d like to sell your business, odds are you’ll want to engage a business broker to help you through the process. The relationship between a Business Broker and seller is a key element to getting a business or restaurant sold. As a seller, a broker can help you streamline […]
