EATS Broker sells The Bull and Bear in Houston, Texas
EATS Broker, the Dallas-based restaurant brokerage firm led by Dominique Maddox, CBI, CFE, proudly announces the successful sale of The Bull and Bear located at 11980 Westheimer Rd Suite A, Houston, TX 77077.EATS Broker served as the intermediary between the buyer and seller during the resale process. The seller had poured over 20 years into […]
Selling a Restaurant Business: What should you know?
Selling a restaurant business includes valuations, fees, and legalities. These are some of the crucial aspects from initial considerations to closing the deal. The starting point for selling a restaurant is to have an accurate restaurant valuation. Restaurant Brokers use two methods: asset-based valuation and Seller Discretionary Earnings (SDE) or EBITDA. The Restaurant Broker at […]
How to Sell a Non-Profitable Restaurant: A Step-by-Step Guide
A common problem for restaurant owners is selling a non-profitable restaurant. Did you know that owning a restaurant is one of the most demanding jobs in the world? The average restaurant will close within five years. If you’re overwhelmed by financial liabilities, health insurance, divorce, partnership issues, legal issues, or simply ready to retire, you’re […]
When selling a restaurant, do you need a Restaurant Broker
When selling a restaurant, owners must decide whether to use a Restaurant Broker or try to sell themselves. Finding the right Restaurant Brokerage to help sell a restaurant can be challenging. All Restaurant Brokerage firms are different. A Restaurant Business Broker is often a powerful asset in restaurant sales transactions. When selling a restaurant, do […]