Restaurant Buyers in Today’s Market – Recent Survey Results

By Robin Gagnon
August 06, 2020

  The International Business Brokers Association (IBBA) recently completed their quarterly survey of business brokers titled “Market Pulse.” We Sell Restaurants compared the findings of this survey (which we participated in) with our national...
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Restaurants are Struggling - Advice from We Sell Restaurants

By Hannah Eisenband
July 28, 2020

  Restaurants are struggling. Restaurants have defined our economy for generations. In 2019, restaurants generated almost $900 billion in sales and employed more than 15 million people. It is estimated that 20-30% of restaurants will not survive...
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Restaurant Owners Have Additional Access to Capital Under the CARES Act

By Robin Gagnon
July 01, 2020

    A little discussed benefit for Restaurant Owners from the CARES Act delivers $600 billion in financing for small and medium-sized businesses. This program was passed as part of the Coronavirus Aid, Relief & Economic Security (CARES) Act to...
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Loan Forgiveness for Restaurant Owners just got Easier!

By Robin Gagnon
June 23, 2020

  Restaurant owners taking advantage of the SBA Paycheck Protection Program just got more good news! Now there is an EZ filing form to request forgiveness in the latest action by the Small Business Administration. The EZ form provides benefits three...
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We Sell Restaurants Predicts Restaurant Earnings to Outperform Expectations Despite the Crisis

By Robin Gagnon
June 11, 2020

  These restaurant brokers see silver linings in the industry’s response to the crisis and the payoff is in the P&L.  Meanwhile, traffic is improving, and sales are rebounding.  There is good news for restaurant owners as the week of June 5...
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Relief for Restaurant Owners as Paycheck Protection Program Modifications Pass in Congress

By Robin Gagnon
June 04, 2020

  Restaurant owners and operators are waking to the good news that the Paycheck Protection Program changes requested by the industry have been voted into law. H.R. 7010 passed yesterday with a vote by the Senate after previously being approved by...
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Buying or Selling a Restaurant? Here’s how to make sure PPP & EIDLP Loans are Paid

By Robin Gagnon
May 26, 2020

  Anyone buying or selling a restaurant today is concerned about existing loans or debt on the business. Buyers are seeking confirmation that lending from either the PPP (Paycheck Protection Program) or EIDLP (Economic Injury Disaster Loan Program)...
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Who is Buying a Restaurant Now? You May be Surprised.

By Robin Gagnon
May 18, 2020

  As America moves to reopen, there are certainly those who wonder if anyone is buying a restaurant today. The answer is a resounding YES!  We Sell Restaurants has seen traffic substantially increase and the market rebound steadily since the lowest...
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Restaurant Franchises to Join We Sell Restaurants on Webinar focused on Strategic Retention

By Robin Gagnon
May 11, 2020

  The International Franchise Association (IFA) has taken a leadership position in providing content to all affected businesses during the COVID19 Crisis. Their current webinar series, titled “Roadmap to Recovery” will include the principals of We...
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Restaurant Owners Get Relief After Latest Treasury Department Ruling

By Robin Gagnon
May 06, 2020

  As this Restaurant Broker wrote in a recent article titled the “Unintended Consequences for Restaurant Owners in the CARES Act, not all of the efforts made by the government during the COVID19 crisis have resulted in a positive outcome.  Many...
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