Need to Sell a Restaurant?

Weekly Special

GREAT NATIONAL FRANCHISE SANDWICH SHOPPE IN ATHENS VERY CLOSE TO UGA CAMPUS(542) This restaurant is 2,000 square feet and seats 30 people. The current sales are $35,000 a month. In 2005 sales were $55,000 a month. They have decreased due to the owner living out of state. The rent is very low at $2,300 a month which includes CAM, water, taxes and insurance. The owner must sell $150,000. Bring all offers. To open one of these franchises’ would cost minimum of $250,000 and not half as good as this location.

Georgia Restaurant Brokers assists business owners in the complex process of selling their business. We stake our reputation on satisfying our clients and providing a smooth & professional transaction.

Every business owner wants the utmost confidentiality. That’s why GRB requires our potential buyers to complete and sign a Non-Disclosure / Confidentiality Agreement, along with a financial information form. This way we can try our best to pre-qualify the Buyer. We will come to the business to meet the Seller, in this way we can get as much information on the business as possible such as a copy of lease, equipment list, any P&L’s, articles in newspaper and or magazine etc.

All Sellers’ want to receive the best possible price for their business. We will then use industry proven techniques to assist you in determining the fair value of your business in today’s marketplace in Georgia. There are several ways in this industry, in which Brokers price a business. The first way is using a percentage of gross sales, which is about 33% or 1/3 of sales. Simply means, if your gross sales were $ 300,000 you would price your business at $100,000. The second way is pricing the business between 200% to 300% of cash flow (net). There are many variables in the pricing of a business, not only cash flow. Your lease has value along with many other assets, such as financing a portion of the sale.

We start our marketing by listening to the Seller. We understand that the Seller has the best knowledge of their business. In other words the Seller is our best resource for information on how to market their business. We screen potential buyer’s to verify their financial strength and business experience.

Georgia Restaurant Brokers utilizes a number of avenues to market a business. Some of our marketing resources include database of Prospective Buyers, networking, newspaper, magazine publications and personal contacts; both locally and nationally with strategic online advertising. Georgia Restaurant Brokers will work in a confidential and ethical manner to sell the business as quickly as possible. We will help in the negotiations, assist in filling out any forms and accompany you to the closing. We can supply a very experienced closing Attorney, at a minimal cost to the Seller.

We are always there to help you find creative ways and solutions when unexpected problems arise. Georgia Restaurant Brokers brings a lot of “know how” and experience to the table.