Surveys show that a seller who insists on all cash, receives, on average, 70% of the asking price
The average is three months to one year, but that’s just an average.
Restaurant brokers are professionals who specialize in the sale of restaurants and food-service-related businesses
Our policy is to use attorneys who are experienced in all aspects of restaurant and food-service business sales for a cost-effective closing.
Once you’ve seen the restaurant of your dreams, talk with your restaurant broker to get answers to your questions
You must have adequate capital to buy the restaurant and to make necessary improvements
Look for a business you feel comfortable in and would be proud to own and operate.
Prospective sellers often ask a broker to suggest a selling price
Surveys report consistent answers to that question, and the answers are often in identical order.
Existing restaurants have track records; you can verify the need for the product or service in that particular location.