Buying a Restaurant

Considerations and why a broker?

Being in the restaurant business for more than 35 years,
and having been a restaurant owner
involved in the creation startup and sale
of 7 restaurant operations,
I can tell you that there is enough to do
in preparing a business for sale,
and you need to run your business,
you do not want to have to deal with the
details of selling or buying a business.

If you are selling a business,
your time is best spent maximizing your time
within your business,
and following the advice of
an experienced consultant
or restaurant broker.

Although we are paid by the seller,
a good restaurant specialist
always understands the reasonable market value
and return on investsment that is required for a new owner
to start on the road to success when
buying a restaurant

We offer Buyer Representation
and Site Selection agreements if needed.

Staying on top of the marketplace
is most important as a Restaurant Broker.
In order to stay competetive we must be informed.
We follow listings of all restaurants in the Atlanta Metro Area,
as well as provideing information about
Restaurants that are simply available for lease.

We travel all over the Atlanta Metro Area
every day, so we know the demographics of the areas,
as well as new trends that are developing.

We have access to listings that are otherwise
not avaliable to the public.

We list our brokerage and our listings
on more than 150 national websites
as well a our own proprietary websites,
as well as in more than 20 Countries.

Our sponsorship and day to day involvement in the
Georgia Restaurant Association
provides up to date information on the
Restaurant Industry on a statewide and National level.

We stay actively involved to keep up on
current trends and events in the restaurant industry.
Meeting with restaurant owners every day keeps us current
on what restaurant owners are facing
in the day to day operation
of their restaurants.

We have developed a rapport
with our restaurant owners.

We do research with them, and assist them
with the documentation necessary
to put their business on the market.

We have made contact with the landlord
if the property is leased,
so there is less chance of suprises at closing time.

We have gone over all procedures with the owners,
and they understand the process
when a buyers presents an offer.

We work on the owners schedule,
so we have access to them as needed.

We can be a buffer between the buyer and seller,
so that it is easier to negotiate
for terms that are agreeable to both parties.

We are skilled at negotiating the myriad
of paperwork involved in
the sale or purchase of a restaurant.

There are many different ways to purchase a restaurant.
We will advise you to contact your attorney
and financial planners with the right questions
so you can assure yourself that you are making the right decision.

While we represent the seller,
however our reputation is riding on the success of the fit
every time we place a buyer in their new restaurant.

You are better protected when all documentation is in order
and prepared by an attorney experienced in
Restaurant brokerage transactions..