Frequently Asked Questions About Restaurants For Sale
How does this process work?
To get you introduced and exposed to the restaurant business, if you are a Buyer we recommend doing a quick review of the Buying Process. If you are a current Restaurant owner and want more information on the selling process feel free to request a Free Consultation Here!
How long does it take to finalize the sale and close on a restaurant business? There are a number of variables that effect how fast a restaurant can close as each state has different rules and regulation regarding the sale of a restaurant business. On average it usually takes 45 to 60 days to close. Variable factors include: lease approval from an existing landlord (if applicable), consideration for liquor licenses requirements, and loan approval (if financing).
How much does it cost to list my restaurant for sale with you?
There are no upfront fees, or out of pocket expenses! You're listing and custom web page are all Free! You pay a commission (the lowest rate in the industry) of the selling price, ONLY when your restaurant business sells! We are extremely affordable when you compare us to brokers who charge a standard 10%. In addition we give you the option to sell your restaurant on your own... In other words if you find a buyer before we do, you owe us NOTHING! Our service is absolutely risk free! Contact us for a Free Consultation Here!
How can you assure the prompt sale of my restaurant?
Because we lead the industry with our Internet marketing, and advertise your restaurant for sale on the highest searched websites for businesses, with absolutely no upfront cost, or out of pocket expenses to you whatsoever! Don't take our word for it, go ahead Google "restaurants for sale."
Do you have buyers for my restaurant? Rest assured Restaurants For Sale has an extensive waiting list of buyers looking to buy a restaurant business should one become available in their area. In addition to our email list and placing you on our website, we will pay to advertise and market your business on over 15 additional sites that sell businesses. This equates to over $500 per month in free advertising to you. You get maximum exposure and we only get paid if we find a buyer that purchases your restaurant business (risk free). Request a Free Consultation Here!
How do I avoid wasted time with unqualified buyers?
At Restaurant For Sale, we pre-qualify all applicants based upon the nature and financial requirements of your restaurant. We also prevent you and your family from having to deal with undesired, unknown individuals. You meet only qualified, serious buyers!
How much is my Restaurant worth and how do you determine the value?
The valuation of a restaurant business is determined based on many variables that include: location, gross revenue verses expenses (cash flow), equipment, franchise/brand names are also taken into consideration. We can even research previous sales for you to determine a fair market value. Contact us for a Free Evaluation Here!
How is my business kept Confidential?
We always maintain the highest level of confidentiality to insure that all parties involved are protected. You can be assured that any and all information pertaining to your client base; income levels, employees, location, business name, etc. will remain confidential, and are shared with only individuals/entities that have executed the proper confidentiality agreements. Our reputation is built on protecting the confidentiality of all involved.
Who is Restaurant For Sale?
Restaurants For Sale was founded by Ron Slusser a successful business owner who has a passion for business. Because of his interest for business this further paved the way for him to becoming a Commercial Real Estate Broker. Ron currently specializes and dominates in the niche marketing and sale of specific business categories such as Routes For Sale, Vending Routes For Sale, Pool Routes For Sale, and Lawn Business For Sale. This is important, because not only do you have an expert when it comes to answering questions about the buying and selling process, but you also have access to someone with hands on experience who has owned, operated, and sold businesses for a combined 20 years.
What type of training should I expect?
Training varies with each transaction. How much experience you have with a restaurant business will play an important role in determining how much time is needed. On average the training period usually lasts from two to three weeks and is conducted by the person selling the restaurant. Be the first to get notified of new restaurants for sale listings by Enrolling Here!
Will I need a license or permits to operate a Restaurant Business?
Because Restaurant For Sale operates nationwide, and each states individual laws will vary depending on the type of restaurant Business you are purchasing, these specific licensing requirements will be addressed on an individual basis. However in most cases licensing at a state level will be required especially if there is a beer and wine or liquor license involved. In addition the current owners we place you in touch with will be able to share their working knowledge and requirements on this matter as well.