Understand Buy & Sell Restaurant – Advice on Buy Sell Restaurant (3)

Leasing a Restaurant: Why Someone Must Represent Your Best Interests

By Robin Gagnon

August 08, 2024

Leasing a Restaurant

Imagine signing a lease for your dream restaurant, only to discover later, that the landlord was the winner in the transaction with terms that heavily favor him. This can lead to unexpected costs or unfavorable restrictions around menu, food,...

Top 10 Restaurants for Sale - July 2024

By Robin Gagnon

August 06, 2024

Buying a Restaurant

A look back at the best restaurants for sale in July, 2024, sees activity focused around several enticing opportunities for prospective buyers. The prior month's traffic focused on the highest ranking option - a highly profitable eatery in...

Why Buying Existing Restaurants Beats Building from Scratch

By Robin Gagnon

August 02, 2024

Buying a Restaurant, Restaurant Brokers, Financing a Restaurant

Buying a restaurant versus leasing and building from scratch cuts down your time to launch by a factor of many months. In the restaurant industry, where time is a critical factor that can make or break a business, it’s essential to consider this...

Costly Mistakes of Choosing the Wrong Lender: Delays in Buying a Restaurant

By Robin Gagnon

July 25, 2024

Buying a Restaurant, Financing a Restaurant

Choosing the wrong lender can be a costly mistake for restaurant buyers and sellers, leading to significant delays in closing a deal and sometimes derailing the purchase altogether. This article shares the pitfalls of selecting an inexperienced...

Franchise Restaurant Resales: Timing Your Resale Program for Maximum Success

By Robin Gagnon

July 23, 2024

Restaurant Franchise Resales

In the competitive franchise model, a well-structured and strategically timed restaurant resale program is key to maintaining overall growth for your brand. Turnover in the restaurant model is well documented, with some estimating that as more...

What is the Best Time to Become a Restaurant Broker?

By Robin Gagnon

July 18, 2024

Restaurant Brokers, Restaurant Broker Franchise

The best time to become a restaurant broker could be now. Recent research from Microsoft and LinkedIn found that a staggering 46% of professionals surveyed are considering leaving their job in 2024. That is higher than the numbers seen during 2021...

Selling a Restaurants: Winfield Street Coffee, The Big View Diner, Firehouse Subs

By Robin Gagnon

July 16, 2024

Buying a Restaurant, Selling a Restaurant, Seller Stories

In the dynamic and ever-evolving restaurant industry, making the right moves at the right time is crucial for success. At We Sell Restaurants, we pride ourselves on being the trusted partner for restaurant owners, whether they're ready to expand,...

What’s an LOI for Buying a Restaurant?

By Robin Gagnon

July 12, 2024

Buying a Restaurant

When buying a restaurant, some business brokers will make an offer using a form called a letter of intent while others use a purchase agreement to capture the deal terms. For restaurant buyers, it’s important to know the difference. Here’s a...

Timing is Everything When Listing a Bar for Sale

By Robin Gagnon

July 10, 2024

Restaurants for Sale

You have greater odds of selling your bar for sale when your timing is right. Sports bars are far more likely to go into contract during football season than in the lazy days of summer when the only game on TV is soccer or baseball. Market cycles...

Restaurant Valuation Made Simple: Expert Tips and Strategies

By Robin Gagnon

July 05, 2024

Selling a Restaurant

Did you know that approximately 60% of restaurants change ownership within the first five years? Whether you’ve owned your restaurant one, two or ten years, knowing your restaurant's value is crucial for making informed business decisions about...