Why Restaurant Resales Fail-Restaurant Broker Thoughts
This blog is the first time EATS Broker shares its thoughts about why Restaurant Resales fail in today’s market. Before restaurant owners open the doors and go through the excitement of opening a new restaurant, they should have an exit strategy. H.G. Parsa, an Associate professor of hospitality management at Ohio State University, conducted a […]
EATS Broker sells Smoothie King in Savannah, Georgia
Dominique Maddox of EATS Broker sells Smoothie King, located at 4317 Ogeechee Rd, Suite 104, Savannah, GA 31405. EATS Broker represented the Seller and buyer during the transaction. The Seller was referred to EATS Broker by another Business Broker who didn’t like selling restaurants. EATS Broker received a 5-star Google review from the Seller: “Dominique is […]
EATS Broker joins the Expert Panel Discussion
EATS Broker participated in the highly informative Expert Panel Discussion at the Georgia Association of Business Brokers (GABB) May General Meeting. The panel, consisting of seasoned Business Brokers, shared best practices and answered commonly asked questions about business brokerage. The event was designed to allow new and experienced business brokers to ask seasoned brokers questions […]
EATS Broker attends International Business Brokers Association Conference
Dominique Maddox of EATS Broker attends the International Business Brokers Association conference at the Galt House in Louisville, Kentucky. The IBBA conference brings the top business brokers from around the nation together to foster professional growth, knowledge sharing, and the promotion of ethical practices worldwide. It is known as the Business Broker Event of the Year. This […]
EATS Broker sells Almost Home Taphouse in Little Elm, Texas
Dominique Maddox of EATS Broker sells Almost Home Taphouse in Little Elm, Texas. EATS Broker was the Business Intermediary for the seller and buyer during the transaction. EATS Broker received a 5-star Google review from the sellers: Dominique was easy to work with during the process. He always responded quickly to any questions and helped […]
Selling a restaurant business
What are the steps to the closing table when selling a restaurant business? Each restaurant resale transaction is different because the terms and participating professionals change. Selling a non-franchise restaurant is a different sales process than selling a franchise restaurant. Selling a restaurant with SBA lending involves many more steps than closing a cash deal […]
EATS Broker attends The Scrimmage: Franchise Master Class
Dallas Restaurant Broker Dominique Maddox at EATS Broker.
Emerging Restaurant Brands- The challenges of selling a restaurant resale
Selling a Restaurant resale, especially for an emerging brand, can present many challenges. An Emerging Restaurant Brand can be defined as a Franchise Brand with less than 100 units. Emerging restaurant franchise brands are newer ventures still enduring growing pains. The Restaurant Business Broker knows that selling an Emerging Restaurant Brand in a new territory […]
Restaurant Owner do you know the lease terms
Ask a Restaurant Owner if you know the lease terms of your restaurant. The common answer will be, “Yes, I signed the lease agreement and have a copy. The Restaurant Business Broker estimates that after selling restaurants for 11 years, only about 25% of restaurant owners actually know the critical dates of the lease agreement […]
