Emerging Restaurant Brands- The challenges of selling a restaurant resale

Restaurant for sale

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

Lease Terms Restaurant Owners should know

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 […]

EATS Broker sells a Dickey’s Barbecue Pit in Fayetteville, Georgia

EATS Broker

Dominique Maddox of EATS Broker sells a Dickey’s Barbecue Pit in Fayetteville, Georgia. EATS Broker represented the seller and buyer. The seller owned the business for only nine months before realizing they wanted to move on from the restaurant industry. The new owner plans to continue the same operations and increase catering orders. This established […]

3 Common Mistakes Restaurant Buyers Make

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 […]

Selling a Restaurant? Are you ready

Selling a restaurant

When selling a restaurant, owners can make several mistakes that impact the experience. Restaurant Business Brokers sell multiple restaurants a year, while most restaurant owners will only experience selling a restaurant once in their lifetime. Understanding the resale process of restaurants takes years of experience. When selling a restaurant, business owners should prepare mentally for […]

What is the best time to sell a restaurant?

What is the best time to sell a restaurant?

The best time to sell a restaurant can depend on various factors outside the Restaurant seller’s control. The elements can include specific circumstances of the restaurant business, market conditions, and your personal goals. The Restaurant Broker at EATS Broker provides some considerations to help you determine the optimal time to sell a restaurant: Financial Performance […]

Thinking about selling a restaurant

Thinking about selling a restaurant

When restaurant owners are thinking about selling a restaurant, it’s essential to approach the process thoughtfully and strategically. Every Restaurant owner has a different story about why they want to sell a restaurant, but some things are expected. The restaurant business broker at EATS Broker provides steps to consider when thinking about selling your restaurant: […]

EATS Broker attends Black Franchise Symposium and Trade Show in Dallas, Texas

Restaurant Broker at EATS Broker.

The President and Founder of EATS Broker Dominique Maddox attended the September African American Franchise Symposium and Trade show in Dallas, Texas. The event made history as the FIRST-EVER Black Franchise Symposium and Trade Show in the United States! The event was held at Yum! Corporate Campus located in Plano, Texas. The Symposium was filled […]

Selling your Restaurant: What should you know?

Sell a restaurant

Are you selling your restaurant in today’s market? What should you know about selling a restaurant before you start? The Restaurant resale market is much different from the housing resale market. Only 2%-5% of Restaurant Buyers inquiring about restaurants for sale will purchase a restaurant. Dominique Maddox of EATS Broker thinks restaurant owners are shocked […]