Potential buyers should exercise due diligence in purchasing a restaurant, and our firm is committed to assisting buyers with this important step. Some areas to consider in due diligence are:

Financial Records

  • Sales volume for the past three years
  • Financials for the past three years
  • Employee base
  • Employee wages / benefits
  • Employee contracts


  • Signature menu offerings
  • Workable marketing plan
  • Planned new products / menu offerings

Advertising and Promotion

  • Advertising arenas
  • Current marketing effectiveness
  • Signage


  • Target markets
  • Demographic profile


  • Food / beverage cost percentages
  • Menu pricing strategy
  • Price increase possibilities

Physical Facilities

  • Square footage
  • Parking spaces
  • Outside dining
  • Expansion possibilities
  • Available utilities

Equipment /Operations

  • Condition of furniture, fixtures, and equipment
  • Maintenance / cleaning contracts
  • Code compliance
  • Hood system / grease trap / hot water heater


  • Existing contracts
  • Up-to-date inspections
  • Lease review
  • Alcohol license
  • Zoning requirements

This abbreviated list of due diligence items highlights the complexity of buying a restaurant. Our firm can help you with the thorough investigation necessary to ensure that you make a wise buying decision.