Selling a Restaurant in 2021 (Ep 137)
publication date: Jun 15, 2021
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author/source: Jaime Oikle with Roger Beaudoin
Great live session!
Roger and I jumped on a live call to talk about what it takes to sell your restaurant in today's marketplace.
Roger is currently in the middle of his own sale so he brought that experience along with some recent consulting he's done on the topic.
Maybe you want to retire, start another business, spend more time with family or just get out from under your operation.
Now may be the time to explore these opportunities.
In this episode we discuss:
- The questions you should be asking on either side of the bargaining table
- Essential Due Diligence or "Doing Your Homework"
- What is the true "Value" of your business and how is that calculated
- What is "Goodwill" and does it have significant value in your sale or purchase
- Which financials are most the most important
- Why staff are either an Asset or a Liability in this process
- The essential "systems" that maximize your sale price or are most attractive to potential buyers
- And so much more...
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