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I’m interested in selling my business, where do I start?
The best place to start is with a broker who understands the type of business you want to sell. Contact We Sell Restaurants for a FREE confidential consultation.
Our professional team has a financial services background that translates into a first class listing and selling presentation package unrivaled by any other firm. Our patented tools include:
The Restaurant Assessment Tool – Designed for restaurant buyers to help them identify their key needs and interests so We Sell Restaurants can target the right opportunities as they begin their search for a restaurant
The Business Analysis Tool – The unique tool that that packages your restaurant financials along with industry comparative ratios so buyers can see at a glance what their earnings and opportunities are and how the restaurant compares to the industry.
The Restaurant Valuation Tool – Developed by restaurant professionals with MBA’s in finance, this professional recasting of your financials puts the appropriate pricing on your listing the first time so your listing moves quickly. Remember, our name is We Sell Restaurants and the right price first is the most important element. Our national experts can rely on professional recasting rules accepted by lenders and the SBA to arrive at the right value to take your listing to market.
Buying a restaurant is a complex transaction requiring skilled professionals. We Sell Restaurants has committed money and resources to this process to insure the transaction is completed as efficiently and quickly as possible.
We have established market dominance for the southeast, listing and selling hundreds of restaurants. We only sell restaurants. That focus allows us to be incredibly strong in this category.
We have detailed knowledge and understanding of pricing and valuation. We know how to value a business. We work on a daily basis with Restaurant P&L’s so we know the add backs. We know the common ratios – food costs and rent percentages. We can set the right price for your business. Listing your business too high means it will just sit on the market without activity. Listing it too low means you’re giving up potential value. We can determine the correct price.
- We know how to value a business. We work on a daily basis with restaurant P&L's so we know the addbacks. We know the common ratios, food costs and rent percentages. We can set the right price for your business. Listing your business too high means it will just sit on the market without activity. Listing it too low means you're giving up potental value. We can determine the correct price.
- We have eyes and ears in the marketplace calling us with leads. Someone looking to exand can be a candidate to buy your business.
- We develop and maintain strong contact with vendors for restaurant businesses.
- We know the selling price of other restaurants in the marketplace.
- We are poractive in selling. We approach buyers and use our proprietary Restaurant Assessment Tool to locate buyers in our databse who have already told us they are looking for a restaurant like yours.
- We personally handle your listing- we are small enough to be hands on.
- We qualify buyers and make sure your confidential listing is trated that way. We require and enforce nondisclosure agreements before providing any infomraiton. We do not release or copy financial information. We require financial net worth statements or verification of funds before discussing your financials. We are not going to allow "window shopping" on yuor confidential listing.
Finally, we engage in unmatched premium marketing. Give one of our restaurant brokers a call to discover what makes us so different from everyone else
What information do you need to get started?
Just as you wouldn't list your home for sale without taking a fresh look at the paint and doing a little "spruce up", you have to start with the core of the business. That's NOT the physical appearance - it's the books and records. The things a buyer wants to know are: How much is this business earning? What can I expect to make by buying the business? What are my costs going to be? Is it worth the asking price? Meet with an expert valuation person from We Sell Restaurants and let us review your Profit and Loss statements along with your Tax Returns for the past two to three years. With this information, we can do a valuation that puts you in a position to sell. We have access to comparable data for pricing so we know what businesses are bringing in the marketplace and how many days they are on the market before they sell. Before you meet with us, put together the following package:
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Copy of your lease
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Proft and & Loss statements for the past three years
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Tax Returns for the past three years
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List of Furniture, Fixtures and Equipment
We can prepare the valuation, put together our Business Analysis Tool to demonstrate to a buyer why your business is worth this pricing and prepare your business for sale. Most importantly, we safeguard the confidentiality of this data. It is never out of our hands and provided to a buyer until we have come to terms on a contract.
What is the profile of your average seller?
The majority of our sellers are experienced restaurant owners that operate successful businesses. They often have more than one location and are ready to cut back on the commitment. They may be ready to retire and spend time with their families. They are also heavily involved in the discussions with the We Sell Restaurants team to find the right buyer – this is after all, their baby, an outgrowth of years of hard work that they want to see continue to succeed for decades to some.
Why should I use a broker instead of just selling my restaurant on my own?
Cost
Marketing is expensive and time consuming. Our listings appear in some of the nation’s largest newspapers, reaching an audience of over 640,000 people every week at no charge to you. We market on all major websites in the country attracting buyers nationwide. In our experience, 75% of all restaurants are purchsed by buyers from outside the market. The We Sell Restaurants marketing engine hits those buyers with a message that delivers.
We have thousands of buyers signed up to receive our listings the minute they reach the market. This invaluable tool matches buyers and listings quickly and effectively.
We maintain valuable relationships with other brokers representing buyers who are looking for the right opportunity today! We have access to those buyers.
We are in contact with over 1500 brokers and agents for referral purposes.
Our web presence at wesellrestaurants.com is the premiere site on the Internet for marketing your restaurant. We consistently rank at the top of all major search engines when buyers are looking for a restaurant to purchase. At any given time we have links and or ads to as many as 20 websites all drawing buyers to your listing.
This entire marketing effort is carried out at no charge to you. We aren't paid until your restaurant sells.
Time
We do the work. We Sell Restaurants conducts all showings and keeps you up to date on buyer feedback. The team at We Sell Restaurants prepares all purchase offers and presents them to you for approval. That means you can keep your business operating at its peak level to insure the best possible offers.
Market Knowledge and Valuation
You know your business best but a qualified broker knows the marketplace. He or she is skilled at understanding the financial opportunity your business represents to potential buyers. He or she can accurately price your business. He or she can help you in packaging the business the right way. An offer is only the first step. The team at We Sell Restaurants has a network of support professionals that get you from contract to to a closing.
How do you know that buyers are serious?
We Sell Restaurants pre-screens buyers and presents only those with verified funds to you. This saves you time and effort. We stay in constant contact with local and national buyers interested in investing in Atlanta or Florida.
How do you market my restaurant for sale?
We Sell Restaurants uses a variety of proactive methods to market your business. Our listings appear in the nation’s 20th largest newspaper, reaching an audience of over 640,000 people every week at no charge to you.
We maintain valuable relationships with other brokers representing buyers who are looking for the right opportunity today! We have access to those buyers.
We are in contact with over 1500 brokers and agents for referral purposes .
Our web presence at wesellrestaurants.com is the premiere site on the world wide web for marketing your restaurant. We also buy advertising for our listing in many other national websites focused on selling businesses All types of media are used to reach out to buyers and Sell your restaurant. Our methods are proven to reach buyers and put them together with sellers.
I’m ready to retire but I’m not ready for my employees, customers or suppliers to know – how do you sell my restaurant confidentially?
We Sell Restaurants protects the confidential nature of your listing. Our buyers are carefully screened and required to provide us with signed non-disclosure agreements before we release any information about your restaurant. We Sell Restaurants controls the confidential nature of the transaction.
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