must read manual on how to buy a restaurant
Everything you need to know BEFORE buying a restaurant from the nation's most knowledgeable and experienced source.
You’ll Learn...
- Restaurant Valuation Basics
- How to "Time" the Market
- Why you Don't Pay for "Off the books" Income
What’s inside?
1
Restaurant Valuation Basics
There are three forms of valuation. Which is the best and why? This manual explains the basics every buyer should know.
5 Financial Metrics You Should Know
Learn what Occupancy, Food Cost and Labor Cost should be as a rate to sales and how this affects profitability.
3
Owner Benefit
What is it and how does it relate to Discretionary Earnings, Seller's Discretionary Cash Flow and other terms?
"Off the Books" Income
Learn why stated earnings off the books are never added into a valuation. Understnd why you never pay for undocumented earnings.
About the Author
Robin Gagnon, MBA, CBI, CFE
One of the most prolific restaurant brokers in the industry and a franchise resale specialist, she holds the Certified Business Intermediary (CBI) designation from the International Business Brokers Association or IBBA and is an MBA. She has also been designated a Certified Franchise Executive by the International Franchise Association.
Appetite for Acquisition
This 352 page book is a guidebook on how to buy a restaurant It has been described in the business as "the definitive guide for anyone looking to enter the restaurant industry." Appetite for Acquisition was named "Best Of" by Small Business Book Awards. Order from Amazon at this link.