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View Full Version : Any one have experience selling or buying restaurants.please pm me



debtriddin
06-12-2012, 12:43 AM
Hi

considering buying a restaurant and need help determining how to value the property and make a good offer.any help or hints would be much appreciated.

cheers mike

tutall
06-16-2012, 08:21 PM
I have never personally purchased or ran a restaurant but I have done financing for several... If ou need help with how the financing works let me know... As far as value goes though there are a ton of factors, Will you be buying an existing business IE Keeping the name the same, staff, equipment... Will you be buying the building also or renting... ETC

theonedru
06-17-2012, 04:10 AM
Not to sound condescending but your doomed yourself to failure if you cannot or have not figured that out. Restauranting is a harsh world where the smallest misstep can lead to hundreds of thousands of $'s of debt in a short time . Where would it be located?