Wins for Restaurant Owners in the Bi-Partisan COVID Relief Bill

By Robin Gagnon
December 15, 2020

  At long last, negotiations are taking place on a new COVID relief bill. The $908 billion dollar bill includes some important wins for restaurant owners. According to a framework circulated yesterday available at this link, there are several...
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Restaurants for Sale and Restaurant Closure Rates – Latest Data

By Robin Gagnon
December 09, 2020

  The latest data on restaurant closure rates was recently covered in an article from Ron Ruggless at Nation’s Restaurant News.  He pulled together information from industry analysts showing that despite the continuing impact of closures due to the...
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A Restaurant Broker Offers Advice for Keeping Your Restaurant Profitable Despite COVID19

By Ken Eisenband
October 30, 2020

  The key to maintaining profitability in the era of COVID 19 is to be adaptable. Forgot what worked in the past and determine what will work now and in the future. You might have to change your business model 180 degrees to keep yourself...
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What Restaurant Sellers Need to Know About the Latest PPP Guidance

By Robin Gagnon
October 19, 2020

  Our restaurant sellers that took advantage of the PPP loan program are facing a new hurdle if they plan on selling their restaurant any time soon. It seems Ronald Reagon had it right when he said, “The nine most terrifying words in the English...
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3 Reasons You Didn't Get that Restaurant for Lease Space

By Robin Gagnon
September 29, 2020

  It should be easy to rent a restaurant for lease space today according to some in the industry. Landlords are desperate and space is sitting empty says the casual observer. As a tenant you can call the shots is the opinion of many. But that is a...
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Buying a restaurant during times of uncertainty? We Sell Restaurants Picks the Winners.

By Robin Gagnon
September 25, 2020

  The headlines read that thousands of stores are closing and for many, it is a tough time to consider buying a restaurant. On the other hand, those who paid close attention to the tale of Chicken Little who screamed the sky is falling were proven...
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Restaurant Buyers have CARES Act Benefit for Retirement Cash

By Robin Gagnon
September 23, 2020

  One advantage of the CARES Act has been largely overlooked in the discussion around the SBA Stimulus and PPP money.  Restaurant Buyers can use retirement savings penalty free. The Restaurant Brokers at We Sell Restaurants are seeing our...
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Underwriting Restaurant Sales in the Age of COVID19

By Robin Gagnon
August 21, 2020

  One of the first questions I am asked as a restaurant broker in today’s climate is around lending. Are banks still funding deals? Are restaurant sales still happening? The answer is Yes! Banks are writing deals on restaurant sales though the...
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Are Restaurant Buyers Too Late to Cash in On CARES Act Free SBA Payments?

By Robin Gagnon
August 14, 2020

  The restaurant brokers at We Sell Restaurants are hearing this question daily now that we are a scant six weeks away from seeing some of the benefits for SBA borrowers afforded by the CARES Act expire on September 27, 2020. The CARES Act, which...
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Restaurant Buyers in Today’s Market – Recent Survey Results

By Robin Gagnon
August 06, 2020

  The International Business Brokers Association (IBBA) recently completed their quarterly survey of business brokers titled “Market Pulse.” We Sell Restaurants compared the findings of this survey (which we participated in) with our national...
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