What is EATS Broker
When it comes to the question, ‘What is EATS Broker? ‘, the founder and President, Dominique Maddox, is best positioned to answer. With his extensive experience selling restaurants, including seven years with one of the nation’s largest restaurant brokerage firms, he is uniquely positioned to lead the Restaurant Brokerage. EATS Broker stands out as a […]
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 […]
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 […]
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 […]
EATS Broker sells Gabriel’s in Santa FE, New Mexico
Restaurant Broker Dominique Maddox of EATS Broker sells Gabriel’s located at 4 Banana Ln, Santa Fe, New Mexico. EATS Broker represented the seller and buyer in the transaction. The new buyers are excited about the opportunity. The buyers bring a wealth of knowledge coming from a restaurant background. They plan to keep the concept the […]
EATS Broker sells a Dickey’s Barbecue Pit in Fayetteville, Georgia
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 […]
4 Tips for a Successful Restaurant Sale
EATS Broker provides 4 Tips for a Successful Restaurant Sale in 2024 to any restaurant owner considering selling a restaurant. Selling a restaurant can be challenging, with only 30%-40% of restaurants listed for sale selling. Selling a restaurant in 2024 comes down to careful planning and execution. The Restaurant Business Broker provides tips to ensure […]
Selling a Restaurant? Are you ready
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 […]
