Whether you are Selling a Restaurant Business as a way to fund your retirement, change industries, or even buy a New Restaurant, you must exercise the same caution as you did when making the purchase. The most significant advantage you have now that you didn’t have before is that you have been a part of …
A Business Broker is a person who acts as a middleman between the buyers and sellers of privately held businesses. These individuals are also known as “intermediaries” and “business transfer agents.” They play a crucial role in the process of purchasing and selling businesses. They help buyers and sellers find and purchase the best possible deals. In …
How a Business Broker Can Help When Buying a Restaurant Read More »
Selling your restaurant can be an exciting time as well as one full of stress and anxiety. Regardless of the reasons you have for selling, you are letting go of a business that you have dedicated exorbitant amounts of time and energy, which means you need to receive your full asking price. Emerald Coast Restaurant …
Finding a lucrative business venture is something many entrepreneurs work hard to achieve. Choosing a business venture that coincides with the passions and hobbies you have is beneficial. For instance, if you love to cook and interact with the general public, owning a restaurant is a great idea. There are over 660,000 restaurants currently in …
Why Buying an Existing Restaurant is a Smart Business Move Read More »
If you are like many people, you may think you can purchase a restaurant and be guaranteed success – after all, you are catering to a basic human need. There are some success stories that reinforce this idea; however, for the most part, a restaurant takes hard work, time, money and effort. Even with all …
Restaurant brokers are professionally trained agents that facilitate a deal between sellers and buyers in the restaurant business. They may be licensed as real estate agents, depending on the state, but they are not in many states. Throughout this process, some of the beneficial services brokers serve buyers are: Knowledge Restaurant brokers remain above the patterns, …
The most common mistakes seen when people get ready to purchase a restaurant is that they don’t fully understand the due diligence process. You may wonder what this is, and why it is important. If that’s the case, you are in the right place. Due diligence is done to help confirm that the items learned …
Due Diligence Mistakes When Purchasing a Restaurant Read More »
If you’re interested in setting up a restaurant locally, but aren’t sure that you’re up to starting a business from scratch, you might be well served by purchasing an established restaurant from a broker. These companies buy and sell existing restaurants as full packages, instead of as real estate alone. This means that you’ll gain …
Benefits Of Purchasing an Established Restaurant Read More »
If you’re looking to buy, sell, or lease a restaurant, working with a professional restaurant broker will save you time, money, and a lot of stress. Emerald Coast Restaurant Brokers and Consultants brings to the table over 35 years of experience in the restaurant industry. Our experts thoroughly understand the process and procedures, as well …
Three Important Services Restaurant Brokers Offer Read More »
Getting a small-business loan was fairly easy because the boat served as the primary collateral. My partner and I put up some cash and he added a small bit of real estate to round out the collateral needs. The total investment was $80,000. When it comes to restaurant financing, investments of $100,000 or less are …
How to Find Investors & Raise Startup Capital for Your First Restaurant Read More »