How Much Capital Do I Need to Buy a Restaurant?

By Robin Gagnon
September 22, 2023

Jose Andreis, Chef and Founder of World Central Kitchen said of the restaurant business, “The business of feeding people is the most amazing business in the world.” That could be why so many people want to enter the restaurant business. For that...
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Restaurant for Sale: Understanding Seller Financing and Owner Financing Options

By Robin Gagnon
August 29, 2023

Restaurant for sale opportunities in 2023 face an uphill battle when it comes to lending. Many banks are requesting or requiring that partial seller financing be part of the ultimate lending package. What does that mean for the restaurant seller?
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Will I Qualify? Guide to Restaurant Financing

By Robin Gagnon
October 21, 2022

Common Restaurant Financing Options and How to Qualify When it comes to Buying a Restaurant, there are a variety of methods for obtaining restaurant financing. Before you choose the method for buying a restaurant, it is important to understand...
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Selling a Restaurant with SBA Loans Exceeding the Sales Price - Offer in Compromise

By Robin Gagnon
August 23, 2022

If you are Selling a Restaurant with an Small Business Association (SBA) loan or Economic Injury Disaster Loan (EIDL), also issued by the SBA, you may think the situation is hopeless. After all, you may owe more than the loan amount and not have...
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Buying a Restaurant with SBA Lending – What the Lender Needs

By Robin Gagnon
October 11, 2021

If you are buying a restaurant with SBA lending, make sure you are ready to go with this checklist of items the bank will need. Some will come from you and others will be submitted by the seller. Most of this is straightforward and simple to...
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Buying a Restaurant with No (or Low) Money Down – 5 Options

By Robin Gagnon
September 23, 2021

As a Restaurant Broker assisting those buying a restaurant, I am often asked how to accomplish the goal with a small amount of savings. There are several ways. Here are my tips for making it happen and five options for buying a restaurant with no...
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Giving Thanks – From the Restaurant Brokers at We Sell Restaurants

By Robin Gagnon
November 26, 2020

On Thursday, November 26th, the offices of We Sell Restaurants will be closed. We will be joining with friends and family to offer our thanks for a tumultuous year that we are sure everyone wants to see in the rearview mirror. As we offer our...
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Financing a Restaurant Purchase with Unsecured Lending

By Robin Gagnon
October 09, 2020

For many, the dream of buying a restaurant is limited only by the size of their savings or their ability to borrow through an SBA lending program. We are seeing qualified buyers with many years of experience in the industry who have faced layoffs...
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How to Buy a Restaurant with Financing Today

By Robin Gagnon
September 15, 2020

Wondering how to buy a restaurant and curious about the status of lending? Bankers assess risk when creating loans for buying a restaurant with financing. They want to minimize their risk by knowing that you, as the buyer, have strong character....
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Three Lessons SBA Lenders Won’t Teach You When Buying a Restaurant

By Robin Gagnon
June 24, 2019

Are you in the market for buying a restaurant? Are you looking at lending resources? If you’re like a lot of buyers, it may be your first experience with SBA lending. Don’t count on getting these lessons from your lending partner but trust We Sell...
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