Preparing to Sell Your Restaurant – What You Should Know

The decision to sell your restaurant isn’t likely to happen on a whim. It takes careful planning, as well as time to get your affairs in order.

Every restaurant owner thinks about selling at one time or another. But even if your restaurant is a red hot success and buyers are lined up at the door, figuring out how to sell a restaurant isn’t as simple as selling a home or a car. It often takes several months to make a sale, and it can pay to start preparing a full year in advance. Understanding how to sell a restaurant is about more than just having your paperwork in order and upgrading a few appliances. It takes marketing savvy, knowledge of your business and sometimes even professional help to get your restaurant in shape to sell and fetch a price that will make you happy.

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