Why Baby Boomer Restaurant Owners Should Use a Restaurant Broker
Restaurant owners looking to sell a restaurant do not discuss baby boomer restaurant owners’ exit strategies enough. When should I talk to a Restaurant Broker? This is a common question amongst restaurant owners. Many baby boomer restaurant owners begin the conversation months or even years before they officially list to sell a restaurant. Restaurant Brokers […]
Best way to market your restaurant for sale
The best way to market your restaurant for sale is to hire a Restaurant Business Broker, but if you decide to do a for-sale-by-owner, keep reading this blog. The most important part of marketing your restaurant for sale is getting it ready to be sold. The prep work includes creating a marketing plan, deciding on […]
Why Restaurant Resales Fail-Restaurant Broker Thoughts
This blog is the first time EATS Broker shares its thoughts about why Restaurant Resales fail in today’s market. Before restaurant owners open the doors and go through the excitement of opening a new restaurant, they should have an exit strategy. H.G. Parsa, an Associate professor of hospitality management at Ohio State University, conducted a […]
Common Mistakes: Restaurant for Sale by Owner
Restaurant for Sale by Owner listings usually try selling a restaurant business without the assistance of a Restaurant Broker. Some restaurant owners decide to sell a restaurant on their own to save on the commission a restaurant business broker charges. The old saying is “knowledge is power,” and the art of selling a restaurant can […]
How to validate For Sale by Owner sales numbers
How to validate a For Sale by Owner sales numbers can be a challenge for buyers. A For Sale by Owner listing is a person that decided instead of hiring a Restaurant Broker; chose to represent themselves. People decide to represent themselves as a For Sale by Owner for several reasons: they don’t want to […]
Restaurant For Sale By Owner Common Mistakes
Restaurant For Sale By Owner common mistakes are diverse and wide. A common question I receive monthly as a Restaurant Broker is, “Why list with a Restaurant Business Broker, I can sell my restaurant For Sale by Owner (FSBO)? I understand the question because today’s websites offer sellers potentially cost-effective routes to selling a Restaurant online. […]