Top 5 Mistakes to Avoid When Selling Your Restaurant
Selling your restaurant differs significantly from selling residential or commercial real estate or other businesses. Restaurants operate with thin margins, complex leases, specific labor requirements, and owner involvement. Selling a restaurant is a science. The process can feel like a slow cooker and not a pressure cooker. The average restaurant takes 6-8 months to sell, […]
Selling Your Restaurant: A Comprehensive Guide
Selling your restaurant is not like selling a home. Maximizing value can be complex and challenging if a restaurant owner is unprepared and unorganized. Restaurant owners know how hard it is to operate a successful restaurant, but most are clueless about selling it. Restaurant owners have sacrificed to build a successful restaurant, and when it’s […]
What is the best time to sell a restaurant?
Timing is defined as the choice, judgment, or control of when something should be done. Most Realtors would tell you the best time to sell a house at its highest price point would be May-August. What is the best time to sell a restaurant? EATS Broker would tell you January is the best time to […]