Thinking of Buying or selling a Delaware Restaurant?
Joe Bowski &Associates at EXP Realty (international Broker) is a former owner operator, corporate general manager, and Graduate Of Penn State University Hotel Restaurant program.
In addition I am frequently asked…..
WHEN should I sell my restaurant??
1. Sell when its right for you, and the right reason.….Do not wait to sell under duress due to illness, divorce etc…. Sell when the business is profiting. However if illness requires the sale….. assure your books are up to date and and no announcements.
2. Know exactly what you are selling……….
a. An Asset Sale business name and assets,
b. Liquidation Value. Asset value if forced to sell (under 12 months)
c. Income Capitalization Future Income based in history and assumptions.
d, Income Multiple… Owners cash flow x 3-5……(norm)
e. Rules Of Thumb…. Recent past sales of like business in addition toused as cash flow mutiple.
Whats my Delaware Restaurant Worth? or
Find A Investor
See some Publicly Listed Delaware Restaurants for Sale below