What Are the Hardest Restaurants to Sell? | EATS Broker
What Are the Hardest Restaurants to Sell? The restaurant industry is vibrant, fast-paced, and filled with passion. However, the commercial reality of exiting the space can be a sobering wake-up call for many owners. Statistics show that only about 30% to 40% of all restaurants listed for sale will actually close a deal with a […]
How to sell a restaurant? Tell your Restaurant Story
To sell a restaurant, one must first tell “The Restaurant Story” to the buyer that they believe and want to be a part of the story moving forward. Restaurant buyers want to know the story of the Restaurant and the owner. The “Restaurant Story” explains why, how, and opportunities for continued success to the buyer. […]
When to Sell a Restaurant: 8 Reasons Why That Start with “D”
When to Sell a Restaurant? 8 Reasons Why That Start with “D”! Deciding when to sell a restaurant is one of the most emotionally and financially challenging choices a business owner will ever make. Whether your eatery is thriving and you want to cash out at peak value, or you are facing operational headwinds, timing […]
Restaurant Broker Dominique Maddox of EATS Broker sells two Schlotzsky’s
Restaurant Broker Dominique Maddox of EATS Broker sells two Schlotzsky’s franchises in Galveston, Texas. EATS Broker represented the seller and buyer for this transaction. The seller, a multi-unit owner, had experience selling their restaurants for sale by the owner in the past. After researching EATS Broker, they decided to give the Restaurant Brokerage Firm located […]
4 Tips on How to Sell a Restaurant Successfully
Written by Dominique Maddox, CBI, CFE, Founder and President of EATS Broker, a restaurant brokerage firm specializing in restaurant, bar, and franchise resales.” Selling a restaurant is not the same as selling a house, a piece of equipment, or a regular small business. A restaurant sale involves financial records, lease terms, landlord approval, buyer financing, […]
What Is Restaurant Prime Cost? How to Calculate and Lower It
What Is Restaurant Prime Cost and Why Does It Matter? In the hospitality industry, profit margins are notoriously thin. Between fluctuating food prices, changing minimum wage laws, and seasonal shifts in foot traffic, restaurant owners must maintain a laser-focused grip on their finances. If you want to know whether a restaurant is truly healthy or […]
Dominique Maddox Featured in Voyage Dallas Magazine: The Story Behind EATS Broker
Dominique Maddox, Founder and President of EATS Broker, was featured in Voyage Dallas Magazine as part of its Local Stories series highlighting entrepreneurs, business owners, and community leaders across the Dallas area. The feature gave readers a deeper look into Dominique’s journey from Anchorage, Alaska, to becoming a restaurant broker, business owner, and founder of […]
7 Most Common Restaurant Sale Deal Killers
The most common restaurant sale deal killers are items that are usually out of the hands of a Restaurant Broker. The process to sell a restaurant can feel like a marathon that many participants will have fatigue and not finish the race. It’s a known fact in the Restaurant Brokerage industry less than 50% of […]
Step by Step Process to Buy a Restaurant Franchise
The Step by Step process to buy a restaurant franchise for sale can be a complex process with multiple guidelines, requirements, and documentation to read. Did you know the top restaurant brands have a Checklist that potential franchisees have to complete before they can purchase a Franchise Restaurant Resale? The Restaurant Resale Specialist at EATS […]