Restaurants Sold by Restaurants Biz

• Center Bar & Grill, Foothill Ranch, California
• Rosewood Family Restaurant, Norwalk, California
• McDonalds Restaurant –  Galt, California
• Chic Fil-A Restaurant –  Holland, Ohio
• Burger King – Clovis, California
• Panera Bread, Chandler Arizona
• Shoney’s, Vicksburg, Massachusetts

Selling Your Restaurant

Location + Sales + Improvements + Equipment = $$$

Restaurants Biz understands that embarking on the journey of selling your restaurant is a significant decision that often reflects a chapter of hard work, dedication, and passion. As a restauranteur, you’ve poured your creativity into crafting a unique dining experience, building a loyal customer base, and cultivating a distinctive ambiance. Now, as you consider passing the torch to a new owner, the prospect of selling your restaurant becomes a narrative of transition and opportunity.

RestaurantsBiz.com has experts to evaluate the price of your business in the process of selling represents a chance to showcase the essence of your establishment, inviting potential buyers to step into a thriving world of gastronomic delight and entrepreneurial potential. 

RestaurantsBiz.com is here to guide you through the process, help you prepare for everything from defining your goals to understanding the legal requirements to helping you transition your staff.

Buying a Restaurant

Purchasing a restaurant can be an endeavor that intertwines dreams of culinary innovation, business acumen, and a profound appreciation for the art of hospitality. The prospect of acquiring a restaurant is an invitation to step into an established tapestry of flavors, ambiance, and community engagement. As a prospective buyer, you find yourself at the cusp of a unique opportunity, ready to embrace the challenges and rewards of steering a dining establishment toward new horizons. This endeavor is not merely a transaction; it’s a chance to infuse your passion for food and entrepreneurship into an existing framework, breathing new life into a culinary haven and making it your own. The process of acquiring a restaurant is a journey marked by the anticipation of building on a legacy, creating an unforgettable dining experience, and contributing to the rich tapestry of the culinary landscape.

Restaurant Biz is here to guide you through the process, help you prepare for everything from defining your goals to understanding the legal requirements to helping you hire the perfect team of people staff. We have listed those things for you to start considering and we are here to help.

Ask us about getting a FREE POS System!

  1. Define Your Goals:

    • Understand your motivation for buying a restaurant. Are you looking for a new business opportunity, a change in career, or do you have a passion for the food industry?

  2. Research and Location:

    • Research the restaurant industry and identify the type of restaurant you want to buy. Consider the location and target market. Evaluate the competition in the area.

  3. Financial Planning:

    • Assess your financial situation and determine your budget. Consider not only the purchase price but also ongoing operating costs, renovations, and marketing expenses.

  4. Legal and Regulatory Compliance:

    • Understand the legal requirements for owning a restaurant in the specific location. This includes licenses, permits, health codes, and compliance with zoning regulations.

  5. Due Diligence:

    • Thoroughly investigate the financial and operational aspects of the restaurant. This includes reviewing financial statements, tax records, lease agreements, equipment condition, and the reputation of the business.

  6. Negotiate Terms:

    • Negotiate the purchase price and terms of the deal. This may include the sale of assets, lease terms, and any contingencies.

  7. Financing:

    • Explore financing options. This may involve obtaining a business loan, using personal savings, or seeking investors.

  8. Legal Assistance:

    • Consider hiring a lawyer with experience in business transactions to help navigate the legal aspects of the purchase.

  9. Transition Plan:

    • Develop a transition plan for taking over the restaurant. This includes managing staff, implementing any changes, and ensuring a smooth transition for customers.

  10. Marketing and Branding:

    • Plan for marketing and branding strategies to attract and retain customers. Consider any rebranding or renovations needed to align with your vision.

  11. Training and Staff:

    • Evaluate the existing staff and their skills. Plan for any necessary training and communicate changes effectively.

  12. Insurance:

    • Review and update insurance coverage for the restaurant, including liability and property insurance.