Understand Buy & Sell Restaurant – Advice on Buy Sell Restaurant

SBA Loan Changes for Restaurant Buyers and Sellers: What You Need to Know

By Robin Gagnon

April 29, 2025

Financing a Restaurant

The Small Business Administration (SBA) has announced key updates to its lending guidelines that will take effect on June 1, 2025, with the release of SBA SOP 50 10 8. While the full Standard Operating Procedure hasn’t been published yet, several...

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...

The Ultimate Guide to Financing A Restaurant Purchase

By Robin Gagnon

June 24, 2024

Buying a Restaurant, Financing a Restaurant

How do you finance the purchase of a restaurant? It is common for many restaurant buyers to feel overwhelmed by the financial hurdles they face in buying a restaurant. However, despite fluctuating interest rates, many financing options remain...

How Much Capital Do I Need to Buy a Restaurant?

By Robin Gagnon

September 22, 2023

Buying a Restaurant, Financing a Restaurant

Jose Andreis, Chef and Founder of World Central Kitchen said of the restaurant business, “The business of feeding people is the most amazing business in the world.” That could be why so many people want to enter the restaurant business. For that...

Restaurant for Sale: Understanding Seller Financing and Owner Financing Options

By Robin Gagnon

August 29, 2023

Buying a Restaurant, Selling a Restaurant, Financing a Restaurant

Restaurant for sale opportunities in 2023 face an uphill battle when it comes to lending. Many banks are requesting or requiring that partial seller financing be part of the ultimate lending package. What does that mean for the restaurant seller?

Will I Qualify? Guide to Restaurant Financing

By Robin Gagnon

October 21, 2022

Buying a Restaurant, Financing a Restaurant

Common Restaurant Financing Options and How to Qualify When it comes to Buying a Restaurant, there are a variety of methods for obtaining restaurant financing. Before you choose the method for buying a restaurant, it is important to understand...

Selling a Restaurant with SBA Loans Exceeding the Sales Price - Offer in Compromise

By Robin Gagnon

August 23, 2022

Buying a Restaurant, Selling a Restaurant, Financing a Restaurant

If you are Selling a Restaurant with an Small Business Association (SBA) loan or Economic Injury Disaster Loan (EIDL), also issued by the SBA, you may think the situation is hopeless. After all, you may owe more than the loan amount and not have...

Buying a Restaurant with SBA Lending – What the Lender Needs

By Robin Gagnon

October 11, 2021

Financing a Restaurant

If you are buying a restaurant with SBA lending, make sure you are ready to go with this checklist of items the bank will need. Some will come from you and others will be submitted by the seller. Most of this is straightforward and simple to...

Buying a Restaurant with No (or Low) Money Down – 5 Options

By Robin Gagnon

September 23, 2021

Buying a Restaurant, Financing a Restaurant

As a Restaurant Broker assisting those buying a restaurant, I am often asked how to accomplish the goal with a small amount of savings. There are several ways. Here are my tips for making it happen and five options for buying a restaurant with no...