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How to Find Restaurants for Sale or Lease

April 3, 2019 by Mark Chase 16 Comments

How to Find Restaurants for Sale or Lease

how to find restaurants for sale or lease

If you are looking to find a restaurant for lease or restaurant for sale there are four typical approaches you can use.

  • Internet Sites
  • Restaurant Real Estate Brokers
  • Business Brokers
  • Commercial Real Estate Brokers
  • For Lease Signs
  • Search for Off Market Deals

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Filed Under: Mark Chase, Restaurant for Lease, Restaurant for Sale Tagged With: Available Restaurant, Broker, Lease Signs, Loopnet, Multiple Listing Service, Real Estate, Real Estate Broker, Restaurant Brokers, Restaurant Listings, Restaurant Property, Restaurant Real Estate, Restaurant Space, Search Restaurants

Should Restaurants Lease or Buy Their Space?

January 9, 2018 by Mark Chase 2 Comments

Should Restaurants Lease or Buy Their Space

Should restaurants lease or buy? Buying or leasing is always a prime consideration for a new business, and the question for a new restaurant can be especially problematic. There are pros and cons to either decision.

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Filed Under: Restaurant for Lease, Restaurant for Sale Tagged With: Buy a Restaurant, Commercial Real Estate, Lease Agreements, New Restaurant, Purchase Restaurant, Restaurant Brokers, Restaurant for Rent, Restaurant Lease, Restaurant Real Estate, Restaurants for rent

Selling a Restaurant: Escrow

September 19, 2015 by Mark Chase 15 Comments

Selling a Restaurant: Escrow

 

selling a restaurant what is escrow

By this point in the sales process, you have negotiated with your buyer and reached an agreement about the condition of the premises and your price. It’s now time to close in on the final stage of your sale: Escrow.

In this tutorial, you will:

  • Open escrow to protect you and your buyer during the sale
  • Comply with Bulk Sale Laws
  • Request Lease Assignment
  • Schedule a final walk through, close escrow, and complete your sale

This is the endgame of selling a restaurant. If you’ve conducted the sale’s prior steps carefully, this final stage should be relatively quick and easy. By the end of it, your restaurant will have a new owner and you’ll have your proceeds.

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Filed Under: Mark Chase, Restaurant for Sale Tagged With: business escrow, escrow, Market Your Restaurant, Restaurant Brokers, Restaurant Business, Selling a Restaurant

Real Estate Brokers-What Restaurant Owners Need to Know

August 7, 2014 by Mark Chase 2 Comments

 

real estate broker

What restaurant owners should know about real estate brokers is a two part article. This is part one and provides an overview of real estate brokers and the second part discusses “How to Hire a Restaurant Broker”.

Real Estate Brokers

The term “real estate broker” or “agent” is very broad. It’s important to understand the different roles of real estate brokers and how they are involved with different aspects of commercial real estate. A broker is required to meet more stringent educational requirements; an agent works under a Broker’s license.

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Filed Under: Mark Chase, Restaurant for Lease, Restaurant for Sale Tagged With: Agent Broker, Broker, Commercial Real Estate, Commercial Real Estate Brokers, Real Estate Broker, Real Estate Brokers, Restaurant Brokers, Restaurant Real Estate, Tenant Broker

How Do You Chose the Right Restaurant Broker

July 18, 2013 by Mark Chase 8 Comments

restaurant broker
Hiring the right restaurant broker can be one of the smartest decisions you make. An experienced restaurant broker can save you thousands of dollars and insure you avoid making mistakes that can be fatal to your success.

Restaurant properties are unique. Even if you are buying an existing restaurant, a good restaurant broker who understands lease agreements and the numerous health department, sanitation and building department regulations can help you avoid costly upgrades to your restaurant.

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Filed Under: Mark Chase, Restaurant for Lease, Restaurant for Sale, Site Selection Tagged With: Broker, Brokerage Firms, Business Brokers, Commercial Broker, Lease, Leasing, New Restaurant, Real Estate Broker, Restaurant Broker, Restaurant Brokers, Restaurant for Rent, Restaurant for Sale, Restaurant Lease, Restaurant Property, Restaurant Real Estate, Restaurants for rent

8 Hidden Dangers in Restaurant Lease Agreements

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