Sell a Restaurant in Southern California
Do you need to sell a restaurant? Are you not sure where to begin? Are you concerned with keeping the sale of your restaurant confidential? Would you like to know the value of your restaurant?
If you have answered yes to any of these questions then you've come to the right place. Ron Van Orden is a Southern California business broker that specializes in the sale of privately owned restaurants in the Los Angeles, Orange and Inland Empire areas.
Questions not answered? Call 866-500-7090 for more information.
Things to consider when preparing to sell a restaurant
Word travels fast in the restaurant industry. Most restaurant owners desire to keep the sale of their restaurant quiet. Our techniques help keep your identity confidential and allow you to continue to operate your restaurant.
2. Not all restaurants sell
At the time of this writing there are over 700 restaurants listed for sale in Southern California. If the statistics are correct, only one in three of these will sell. Our techniques can help you tip these odds in your favor.
When a buyer inquires about a restaurant that is listed for sale they have very specific needs that they need to have addressed in the marketing materials they receive. Our marketing materials are designed to do one thing and that is to help our clients' restaurants stand out from the crowd.
You can have the world's greatest restaurant, the best service, excellent food and strong financial performance, but if the right buyer isn't aware that your restaurant is available then your restaurant may not sell. Our marketing techniques means that your business is exposed to the right buyers in a confidential way.
How to sell a restaurant - The process
Step one, Valuation
Many restaurants do not sell because they are priced incorrectly. When a restaurant is priced incorrectly they typically get little or no response from buyers, and buyers tend to think that the owner is unrealistic about selling. Setting a selling price for a restaurant takes expertise. We provide our clients with a comprehension valuation of their restaurant upfront before we take the restaurant to market.
Step two, Packaging
When you want to sell a restaurant you can't simply put a sign out front. We develop comprehensive and thorough marketing packages for each of our clients. Our business profiles are very detailed and address the specific needs of the buyer. Additionally, we'll often create a professional video that showcases our clients' restaurants. None of our marketing materials are released except to qualified, screened buyers.
Step three, Marketing
We develop a thorough marketing plan for each of our clients. We utilize both passive and active techniques in order to find the right buyer at the right time.
Step four, Screening
We carefully screen potential buyers in an effort to make sure they are financially capable of completing a transaction prior to releasing any information relating to our clients.
Step five, Offers and negotiation
Once a qualified buyer has been located, we will solicit an offer from them and help negotiate and structure the transaction.
Step six, closing
We facilitate the due diligence process and a business escrow to protect the interests of both the buyer and seller.
If you're a Southern California restaurant owner and you're considering selling your restaurant we would like to set up a complimentary consultation where we learn more about your unique goals. We will provide you with a detailed comprehensive report that describes our opinion regarding the value of your restaurant. We will also provide a unique marketing plan for your restaurant. Both the valuation opinion and marketing report are free and there is no obligation. Please note that it can often take six months to a year to sell a restaurant; a very lengthy process. To learn more, take the first step and contact us today.
Why Choose us to help you Sell a Restaurant ?
Would you like to Learn more about How to Sell a Restaurant ? Contact us today.