Much of a restaurant’s value is dependent on its location. When you buy a restaurant, you don’t want to have to move. Keeping the restaurant in that spot is very important. This will be accomplished by a thorough and professional review of the lease. But ensuring customers can continue to access your restaurant is equally […]
Surprising Ways Traffic Patterns Can Influence a Restaurant Purchase Read More »
Liquor, wine, and beer are mainstays of most restaurants. More importantly, alcohol sales bring in the highest profit for the business. But liquor licenses are highly regulated by the state, and compliance with the statutes is key to ensure that a restaurant can continue to sell alcohol. Florida restaurant buyers can run into nasty snags
Dealing with Florida Liquor Licenses and Evil Spirit Laws When Buying a Restaurant Read More »
When buying a restaurant or any other type of business, it’s vital that you find out what financial sources the seller used to calculate the purchase price. Did they use P&L Statements? Tax returns? Are they owner-to-prove or pro forma? This can come as a surprise to many business buyers because one might assume that
How Financial Source Data Affects Restaurant Purchase Price Read More »
