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How to Sell a Business or Restaurant- The Process

July 10, 2012 by Shelli Margolin

How to Sell a Restaurant Fast

February 24, 2012 by Shelli Margolin

As with most businesses, price is a prime factor in selling a restaurant fast. However, restaurants can sell for their asset value alone, such as furniture, fixtures and equipment (FF&E) along with their permits and licenses.  Knowing how to value those assets is the key to selling a restaurant quickly. Price is not the only determining factor in procuring a quick sale.  You need to get into the “buyer mindset” and make sure a buyer sees the same value in your restaurant as you do.  Here are some no nonsense step to getting your restaurant sold fast: 1.       Price – Price – Price!!! Just like anything else…   the better the deal, the faster someone will snatch it up.  Some factors that go into determining the price are location, FF&E replacement values, permits and licenses. 2.       Make it easy to understand -

Event Report on the recent Los Angeles VC and Angel Event

March 12, 2010 by Michael Davidson

Yesterday, I drove to downtown LA to attend the Los Angeles VC and Angel Event put together by fundingpost.com. I heard about the event from one of the LinkedIn groups I joined called "On Startups - The Community for Entrepreneurs".  I thought, well at BizEx we get all kinds of requests from our clients who are primarily small business owners.  Perhaps Angel/VC funding might be a good option for some of them. The place was packed and it was standing room only if you got there late.  Everyone attending was an Entrepreneur, which was cool.   They all had their vision and it was clearly something they were passionate about.