What happens when the restaurant brokers are live on the radio? All kinds of questions are asked and answered.
Restaurant brokers and We Sell Restaurants founders were interviewed
One focus of the interview was responding to what was the "biggest mistake anyone can make in buying a restaurant." The two restaurant brokers revealed that buyers can make the mistake of becoming "emotionally attached" to a business instead of staying true to the financial fundamentals. What's the way around this trap? According to Eric, allow your broker to function as the non-emotional party in the middle of the transaction. Robin also suggested use of the Restaurant Assessment Tool, a proprietary methodology developed by these brokers to get the the true motivations for buying a restaurant that can keep a client focused on their core needs instead of "Internet dating" every restaurant on the market.
Watch the first half of this interview to learn more about how these restaurant brokers help buyers keep from making common mistakes.
Stone Payton and Lee Kantor bring you the High Velocity Radio Show each Monday 10am Eastern — interviewing Top Performers Producing Better Results In Less Time. They can be found online at http://highvelocityradio.businessradiox.com. Prefer to listen to the podcast? Click this link and download free from Itunes for your Ipod.