Selling a restaurant is a big decision with implications for your family, your bank account and your lifestyle. It should not be entered into lightly. Here are multiple tools that the team at We Sell Restaurants has developed to assist you in learning about the process to sell your restaurant including checklists and worksheets.
Guide to Selling Your Restaurant
This book will teach you everything you need to know about selling your restaurant. The book includes three forms of valuation (Fair Market Value, Asset Based, and Income Based) with real world examples to help you understand how each one is determined. You will also learn about the biggest mistake in pricing, which can cost you thousands of dollars, as well as owner financing and "off the book" income. This invaluable resource is a must-read for anyone looking to sell their restaurant.
Sellers Cheat Sheet for Hiring a Broker
This helpful guide covers the important questions to ask any broker you may consider working with. It teaches you to gauge the resources available by anyone you may hire to sell your restaurant since resources vary dramatically by firm. It is essential to interview any broker you're considering since that person will need to be a trusted resource. Start with this checklist to see if they have the skills and resources necessary to sell your business.
Break Even for Restaurant Owners
If you're a restaurant owner, then you know that break-even is a critical juncture in your business. This e-book from We Sell Restaurants teaches you to calculate and control your break-even point so that you can turn a profit more quickly. You'll learn about fixed and variable costs, and why restaurant valuation basics are not based on stated earnings. With this knowledge, you'll be able to make sound decisions about your business's financial health.
Restaurant Sellers Checklist
When you're selling a restaurant, you want to make sure you have everything covered - from understanding your restaurant broker's role, to getting the right valuation, to putting together the perfect listing. That's where We Sell Restaurants comes in. With our helpful Sellers Checklist, you can make sure that everything is taken care of before your restaurant goes up for sale.
Save and download all of the Tools and Templates for Selling a Restaurant here.