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California's Largest Restaurant Brokerage - Specializing in Sales, Acquisitions & Leasing of Restaurants, Bars, Clubs & Related Commercial Buildings

Third Quarter

Advantages & Disadvantages of an Asset Sale Versus a Stock Sale

By in 2014 - Volume 16 with 0 Comments

Asset Sale– Advantages No legal liability for the corporation prior to the purchase. In California, when an escrow is utilized, a bulk-sales process assures that the buyer will get title to the assets free and clear of all liens and encumbrances. No liabilities for employees –The seller’s employees are terminated at the close of escrow, […]

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What You Are Buying When You Purchase a Restaurant, Bar or Club

By in 2010 - Volume 12 with 0 Comments

When the buyer is purchasing a restaurant, bar or club the purchase includes 1. Fixtures and Equipment,  2. Licenses, 3. Leasehold Improvements, 4. Premises Lease, 5. Goodwill, 6. Cash Flow and 7. Covenant Not to Compete. All of these items are discussed in depth as indicated below. Fixtures and Equipment. This includes all the fixtures […]

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