Buying a restaurant during times of uncertainty? We Sell Restaurants Picks the Winners.

By Robin Gagnon
September 25, 2020
Buying a Restaurant, Support for Restaurants - COVID19 Advice

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
Support for Restaurants - COVID19 Advice

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
Support for Restaurants - COVID19 Advice

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
Support for Restaurants - COVID19 Advice

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
Support for Restaurants - COVID19 Advice

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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Restaurants are Struggling - Advice from We Sell Restaurants

By Hannah Eisenband
July 28, 2020
Support for Restaurants - COVID19 Advice

Restaurants are struggling. Restaurants have defined our economy for generations. In 2019, restaurants generated almost $900 billion in sales and employed more than 15 million people. It is estimated that 20-30% of restaurants will not survive...
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Restaurant Owners Have Additional Access to Capital Under the CARES Act

By Robin Gagnon
July 01, 2020
Support for Restaurants - COVID19 Advice

A little discussed benefit for Restaurant Owners from the CARES Act delivers $600 billion in financing for small and medium-sized businesses. This program was passed as part of the Coronavirus Aid, Relief & Economic Security (CARES) Act to...
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Loan Forgiveness for Restaurant Owners just got Easier!

By Robin Gagnon
June 23, 2020
Support for Restaurants - COVID19 Advice

Restaurant owners taking advantage of the SBA Paycheck Protection Program just got more good news! Now there is an EZ filing form to request forgiveness in the latest action by the Small Business Administration. The EZ form provides benefits three...
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We Sell Restaurants Predicts Restaurant Earnings to Outperform Expectations Despite the Crisis

By Robin Gagnon
June 11, 2020
Support for Restaurants - COVID19 Advice

These restaurant brokers see silver linings in the industry’s response to the crisis and the payoff is in the P&L. Meanwhile, traffic is improving, and sales are rebounding. There is good news for restaurant owners as the week of June 5 reveals...
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Relief for Restaurant Owners as Paycheck Protection Program Modifications Pass in Congress

By Robin Gagnon
June 04, 2020
Support for Restaurants - COVID19 Advice

Restaurant owners and operators are waking to the good news that the Paycheck Protection Program changes requested by the industry have been voted into law. H.R. 7010 passed yesterday with a vote by the Senate after previously being approved by...
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