BLOOMBERG: US Business Owners Seeking to Cash Out Face 10% Drop in Prices
US Business Owners Seeking to Cash Out Face 10% Drop in Prices Median sale price of small firms dropped last year: BizBuySell Number of transactions also dipped amid high rates, inflation By Michael Sasso February 2, 2023 at 10:44 AM PST SEE ORIGINAL ARTICLE HERE: https://www.bloomberg.com/news/articles/2023-02-02/us-business-owners-seeking-to-cash-out-face-10-drop-in-prices For the many older entrepreneurs ready to retire in the […]
BizBuySell Insight Report 2021
[vc_row][vc_column_text] BizBuySell Insight Report Small Business Acquisitions Edge Higher as Labor Shortages and Rising Costs Slow Recovery Restaurants & retail headline growth as buyers seek reopening opportunities Labor shortage and supply disruptions eat into cash flow and revenue Unhappy employees seek refuge and independence in small business ownership Baby Boomers expected to use economic re-opening […]
BLOOMBERG: Some U.S. Small Businesses Selling for 6% Premium in Pandemic
[vc_row][vc_column_text] Business Some U.S. Small Businesses Selling for 6% Premium in Pandemic By Michael Sasso and Olga Kharif July 23, 2020, 4:00 AM PDT Updated on July 23, 2020, 10:41 AM PDT Median sale prices rose 6% on BizBuySell as transactions fell A butcher shop ups its price even as gym owners go begging The wildest quarter […]
The Restaurant Sales Process
The sales process is a delicate balance between the needs and requests of the buyer and seller. Added to that is the collaboration and cooperation related to financing and escrow; and the guidance, work, and expertise of the restaurant broker. Please find below the steps in detail: The first step is the buyer makes an […]
Benefits of working with a Restaurant Broker
A professional restaurant broker should have a vast amount of restaurant, bar, and/or club experience, and understand the operations, marketing, and financial aspects of the business. Additionally, a competent restaurant broker should have successfully completed numerous sales transactions involving restaurants, bars and/or clubs. By having the above experience, a restaurant broker can be helpful to […]
Why Seller’s Sell
Retirement – This is a common reason why sellers sell. They, simply grow too old to properly run and manage the affairs of their business. If a seller does not have heirs interested in coming into the business, it is best that they take a proactive approach in planning the sale of their business so […]
Selling Your Restaurant – What You Need to Know to Attract Serious Buyers & Get Top Price
SCREENCAST: Selling Your Restaurant – What You Need to Know to Attract Serious Buyers & Get Top Price Lead by Jim Laube Even if it’s not today, at some point you’re going to want to sell your business. Particularly if you’ve never sold a business before, you’re going to have lots of questions. How much […]
2008 Will Be a Strong Year for Buying & Selling Restaurants, Bars & Nightclubs
Based on the busy activity we have experienced on both the selling and buying sides of our business it appears that 2008 will be another very busy year for Restaurant Realty Company. Unlike many other businesses that have been negatively impacted by the slow down of the economy during these challenging economic times there seems […]
Restaurant Realty’s Marketing System Completes Over 400 Successful Transactions
We have sold over 400 food service businesses as a result of our commitment to maintaining a large inventory of businesses for sale and making a meaningful investment in marketing and advertising these businesses. You can have the greatest product in the world but unless you tell people about it how are they going to […]
The Eight Step Selling Process – Part II:
The Escrow Process An escrow is a process whereby there is a third party in a transaction, (the first and second parties are the buyer and seller), usually an escrow company, which is a neutral entity hired by buyer and seller to hold and disburse all monies in the transaction as well as to perform […]