Selling a Small Business as a Short Sale

Drowning in business debt!?! Even when a company’s sales start increasing, debt can eat away at the profits… More and more small business owners are finding that profits are going to servicing their debt and keeping their business operational.  In such cases, an option is to sell the business through a short sale.  Especially if [...]

How to Value a Restaurant or Bar that is not Showing Profit

How much money is a restaurant worth? Does it have any value if the restaurant is not turning a profit or barely breaking even? Restaurants, coffee shops or bars are valuable even if they are not showing a profit. These kinds of businesses are valued through the replacement value technique which assumes a buyer pays [...]

How to Sell a Restaurant in 90 Days

How to Sell a Restaurant in 90 Days A True Story   Restaurants are not necessarily an easy sell.  However, if they are priced at their proper value and positioned to sell in the right forums, they can be sold in a timely manner to the satisfaction of both the buyer and seller. Preparing the [...]

Buying a Restaurant or Bar and the Transfer of Liquor License

When we list a restaurant or bar for sale with Alcoholic Beverage Control (ABC) license, we generally get significant buyer activities on them.  For buyers of such businesses who do not understand how a liquor license is transferred, here is an overview. The number of retail liquor licenses, especially Type 47 (full liquor license for [...]

HOW TO SELL YOUR BUSINESS WHEN YOU ARE THE KEY TO YOUR BUSINESS

In a perfect world, when owners decide to sell their business, a buyer will come forward and write a check for the full asking price. In the real world, this rarely happens. There are so many reasons why this rarely occurs.  In this blog, I want to focus on one of the most important issues. [...]

What Is a Typical Restaurant Business Worth?

As written for ehow.com… What Is a Typical Restaurant Business Worth? The worth of a restaurant is predicated on what someone will pay to buy that restaurant. As restaurants come in as many shapes and sizes as do their owners, determining worth is complex. In the most general terms, value can be established through either [...]

How to Appraise a Restaurant Business

As written for ehow.com… There are several reasons for appraising a restaurant, along with many nuances to the appraisal itself. Let’s review how a prospective buyer can appraise a restaurant for purchase. There are three general ways that restaurants’ sale prices are established: based on profits, assets, or “key costs,” referring to its location value. [...]

Inc’s 10 Questions to ask before Buying a Business

I just read an interesting Article from Inc., entitled 10 Questions to ask before Buying a Business. Many experts are predicting that a huge wave of businesses will become available over the next decade or so as baby boomers look to sell. As the economy continues its climb into a full-blown recovery (we hope), it [...]

What Is a Typical Restaurant Business Worth?

http://www.ehow.com/info_8360777_typical-restaurant-business-worth.html

Selling a “used” business

To help a small business seller understand how buyers value businesses, I like to use this analogy.  If you bought a nice car fifteen years ago and took very good care of it, chances are that it looks pretty much how it did when you bought it.  It still runs great and does the job [...]