Tools and Templates for Buying a Restaurant

Posted by WSR Operations on Mar 16, 2023 9:00:00 AM

 

Those in the market to buy a restaurant have questions and we have answers along with downloadable tools and easy to use templates to aid you in the buying process.  Here is a quick look at tools created by the industry leaders, We Sell Restaurants, that can assist you in your discovery process.

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Buyer's Restaurant Assessment Tool: 

The We Sell Restaurants Restaurant Assessment Tool can help you decide on the right model for your restaurant, understand how much money to put in, and assess what impact it could have on your family - with invaluable support for ensuring a sound financial footing. With this tool by your side, you can maximize opportunities while maintaining an understanding of lifestyle decisions prior to hitting the market.

Guide to Restaurant Financing 

We Sell Restaurants understands the hurdles and challenges of financing your dream of owning a restaurant. That's why we've put together this comprehensive guide to financing your restaurant, complete with tips on everything from financing do's and don'ts to SBA lending, and unsecured lending options. You'll also find in-depth information on seller financing - the pros and cons of using the seller as your source of lending. 

Franchise Restaurant Purchasing Guide 

We Sell Restaurants provides would-be restaurant franchisees with all the tools they need to make an informed decision about investing in a restaurant franchise. This comprehensive eBook will teach you everything you need to know about the basics of franchising, the history of franchising, what to look for in a good franchise opportunity, and why now is the ideal time to buy a restaurant franchise.

Restaurant Buyer's Cost & Valuation Manual

In this manual, you'll learn about the three most common methods of restaurant valuation: Asset-Based, Income-Based and Market-Based. You'll also learn about owner benefit, occupancy cost, food cost, labor expense and more. Plus, we explain "off the books" income and discretionary earnings so you can understand how they impact a restaurant's value. Whether you're a buyer or seller, this manual is a must-read!

Restaurant Business Plan Template 

We Sell Restaurants has created a Restaurant Business Plan Template to help entrepreneurs write a concise and well-organized business plan for their restaurant concept. The template includes an overview of the restaurant concept, target market and financial projections, as well as why you need a sample menu and more. 

Restaurant Cost Calculator

We Sell Restaurants provides business owners and would-be restaurateurs with the costs associated with both building a restaurant from scratch as well as outfitting an existing restaurant. The accompanying calculator allows users to compare costs between the two scenarios. Our budget versus actual feature highlights where you stand on your budget in comparison to the actual costs.

Restaurant Break Even Calculator 

We Sell Restaurants offers a Break-Even Analysis for restaurant owners to find the critical point where their restaurant generates enough revenue to cover expenses. This is an important calculation for any business owner to know, as it impacts profitability and whether or not the business can continue to operate. Our analysis takes into account Fixed Costs and Variable Costs, which vary based on sales. 

Restaurant Leasing Guidebook 

Leasing a restaurant space can be tricky business. You need to be aware of the fact that the landlord is not your friend – they are looking out for their own interests, not yours. This Leasing Guidebook will teach you what you need to know in order to lease a restaurant space successfully. You will learn about Landlord Math, and how to calculate the monthly lease rate when it is quoted as a price per price per square foot plus CAMS, Taxes and Insurance. You will also learn about the Most Common Mistakes people make in leasing, and how to avoid them.

Restaurant Buyer's Manual 

When you're buying a restaurant, it's important to know the basics of restaurant valuation. This manual will teach you the three financial metrics that significantly affect a restaurant's value: occupancy, food cost and labor expense as a rate to sales. You'll also learn about owner benefit, discretionary earnings and "off the books" income - all factors that play into the overall valuation of a restaurant. With this knowledge, you'll be able to make an informed purchase that's right for your business.

Of course, our Certified Restaurant Brokers are also standing by to answer any questions you may have so feel free to reach out to them for anything at all. Our team of knowledgeable Restaurant Brokers help customers through every step in the process. They can provide valuable resources and even assisting in securing financing. 

If you are looking for listings, see hundreds of restaurants for sale on our powerhouse website. 

Topics: Buying a Restaurant

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