Why are Asset Sale Restaurants HOT right now

Asset Sale Restaurant for Sale.

Asset Sale Restaurants are HOT right now because several restaurant owners that need to sell were not profitable in 2022. What is an Asset Sale when it comes to selling a restaurant? An Asset Sale is a restaurant that is not profitable or makes minimal profits. An Asset Sale is priced for its Furniture, Fixtures, […]

Selling your Franchise Restaurant

Selling a franchise restaurant

Are you thinking about selling your franchise restaurant in 2023? We have finished the Holiday season, and now it’s time to get ready to start a new year with new challenges. Some of the most seasoned restauranteurs, managers, and employees exited the restaurant industry in 2022. The challenges of labor rate inflation, labor shortage, food […]

Restaurant Owner-Do you have an exit strategy?

Texas Restaurant Broker

A Restaurant Owner should start planning an exit strategy before signing the lease. Thinking about the exit strategy should be as important as planning for the opening. It’s a known fact that 80% of restaurants close within five years of opening their doors or has a change in ownership. Texas Restaurant Broker Dominique Maddox says, […]

3 Types of Restaurants for Sale

Selling restaurants in Texas

The start of a new year brings an increase in the inventory of listed restaurants for sale. There are three types of Restaurants for Sale that buyers will find on the market. The difference between the three types of for-sale methods is how they are listed.   – Restaurants for Sale by a Business Broker […]

3 Challenges to Selling a Franchise Restaurant

Texas Restaurant Broker

Are you thinking about selling your franchise restaurant in 2023? This blog covers three Challenges to selling a franchise restaurant that every Franchisee will face.   We have finished the Holiday season, and now it’s time to get ready to start a new year with new challenges. Some of the most seasoned restauranteurs, managers, and […]

Why do Restaurant Brokers prequalify buyers

Why do Restaurant Brokers prequalify buyers before providing the restaurant name and financials? The answer is simple to protect the confidential information on the restaurant for sale. Restaurant buyers sometimes don’t understand the process of buying a restaurant and what’s involved. Many potential buyers understand they must first sign a Non-Disclosure Agreement (NDA) or confidentiality […]

Thinking about selling a restaurant in 2023

Selling a restaurant

It’s the time of the year when restaurant owners are thinking about selling a restaurant in 2023. It’s been a challenging year with increased labor costs, supply chain issues, food price inflation, and a lack of government financial assistance. At the end of the year, some Restaurant owners must sacrifice time spent with their loved […]

Why use a Restaurant Broker? When selling a restaurant.

Restaurant Broker

Why use a Restaurant Broker when selling a restaurant is a good question. Could you save on a commission and market your restaurant For Sale by Owner? Yes, but the reality about selling a restaurant is that only about 30%-40% of restaurants listed for sale will sell, and only about 2%-5% of the buyers looking […]

Bring your own bottle (BYOB). Is it good for restaurants?

Restaurant Broker in Dallas

Bring your own bottle (BYOB) policy can be good for restaurants, but it also has some significant downsides. If a restaurant has a BYOB policy, customers are allowed to bring their alcoholic beverage of choice to the restaurant. Strict licensing requirements and high taxes on alcohol sales have made the idea of restaurant owners to […]