How do I sell a restaurant/privately-owned business?
438960
If you want to help, you can place an ad in the newspaper on business supl. depending what kind of food, you can also ad in different languages. The other point is to send inforamtion about this restaurant to others restaurant's owners, sometimes they want to expand and they don't care if the revenue is ok or not. But tell the owner he has to invest some money to sell it!!!
223934
Check with a small business beaureu for your city.\nAnd if you need help training your staff... I'm your guy.\nWorked in the restaurant business for years.
666597
I recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box.\n\nAssociations may be a good avenue to explore as well. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links. \n\nResearch, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:\n\n* How to Open a Financially Successful Pizza & Sub Restaurant by Shri L. Henkel \n* Getting Your Slice of the Pie: A Definitive Source for Prospering in Pizza by Tracy Powell\n* Restaurant Financial Basics by Raymond S. Schmidgall \n* Opening a Restaurant or Other Food Business Starter Kit: How to Prepare a Restaurant Business Plan and Feasibility Study by Sharon Fullen \n\nThere are plenty of free informational resources out there. Check the source box for links to articles.\n\nHope that helps! I wish you much success & happiness in all your ventures!
76771
You could play off the idea of serving home cooked meals with your marketing. For instance, send out inivitations to a "family meal," "a house warming party," etc. to residents living near the restaurant. You could do 2 for 1, list your specials, personalize it with pics, etc.\n\nSince you're in a small town, advertising in the local paper or college paper, on radio, at any colleges or universities, etc. may also be an option. I moved from a small town (less than 15,000 people) not too long ago & that's how restaurants advertised there.\n\nBasically, just keep in mind what your restaurant's personality is as well as yours. Blend those two & ideas should start flowing.\n\nBest of luck to you!
730534
You need to contact your local health department. Not sure what part of Georgia you are in, but, that's where you need to start. \nWhy do you think you need a peddlers license? Are you trying to sell soul food out of a mobile cart? There are many limitiations on what can be sold on college campus'. Also, there are additional permits to serve food. Will it be hot food? Cold food? You should also contact a local individually owned restaurant owner and have them mentor you. Selling food isn't as easy as "I love to cook." Food HAS to be kept at certain temperatures. You will need refrigeration, running water, something to keep food hot, etc...\nI own a restaurant....
456396
Ask a hotdog vendor, maybe they'll tell you.\nI think you can do big business if you get a permit in a prime location, like downtown in the business/entertainment areas.
460899
If you're looking to make your first venture into the business world as an owner, I suggest one of two things:\n\n1) Forget the food business, it's the most complicated industry out there. In no other industry are you expected to be a warehouse and a manufacturer, with parts that are perishable, be a retailer, run a delivery business, and sell service also.\n\n2) If you insist on the food business, especially with no experience, find a very, very well structured franchise to buy into. Forget the cost, it's a drop in the bucket when you weigh out the chances of success or failure compared to trying to build a concept from scratch.\n\nThe risks of getting involved in the food business are evidenced by the failure rate of restaurants. These failure rates don't even take into account all the country club, college and university food services that lose money every year and have to be subsidized by other departments. There are unsubstantiated rumors about the food industry that place failure rates as high as 90% in the first year. Though that is a gross exageration, the failure rate in the restaurant world is high, just ask your banker, accountant or lawyer. They deal with it every day. There's a reason restaurant loans are among the toughest to get approved for. According to a report in Restaurant Startup & Growth magazine, based on information gathered from the National Restaurant Association, it's estimated that around 57% of restaurants don't live past the five year mark. Of these, the main casualties are independent restaurants. While 7 of 10 independent restaurants will likely fail, 7 of 10 franchise restaurants will survive. As there are many, many people out there that don't realize the value that real structure will bring to their restaurant, and increase their chances of survival, the greater number of independent restaurants opening compared to franchise restaurants pushes the total restaurant failure rate to 57%.\n\nMost other businesses contain elements of only one or two different industries. With a simpler business, it is much easier to focus on marketing and growth than with a restaurant. Inside a restaurant, most your day is filled with operational procedures, and you CAN NOT work ON a business if you are working IN the business 60 hours or more a week.\n\nBrandon O'Dell\nO'Dell Consulting\nRestaurants/Retail/Bars\nwww.bodellconsulting.com
679739
Local resturants have things were you can get people in the door and you get 5-10% of everything they sell, to all customers who mentioned you brought them in. You can contact krispy-creams and sell cards for them to make money. Have a car wash, a bake sale, a yard sale, good luck. I had mine removed 10 years ago, it was so nice to have it removed I felt 100 times better. Good luck. People are so willing to give all you have to do is ask.
690787
the right marketing plan is essential for a restaurant... they should list themselves on the web in places like http://www.menuserve.com/ where thousands of people are looking daily!
116562
Are you asking about investing in a "diner"??  If so, it all depends on the revenue that it brings in currently or if you are starting your own??  Please be more specific so we can help you.
219035
Following are free information on how to start a restaurant business:\n\nNational Restaurant Association http://www.restaurant.org/\nEntrepreneur.com Marketing and Promotions of a Restaurant http://www.entrepreneur.com/article/0,4621,317716-8,00.html\nStarting a Restaurant Business http://www.awib.org/content_frames/articles/restaurant.html\nRestaurantOwner.com http://www.restaurantowner.com/\nAllFoodBusiness.com How to Start a Restaurant http://www.allfoodbusiness.com/starting_your_own_business.php\n6 Ways to Attract New Customers to Your Restaurant http://www.homebusinesscenter.com/how_to_start/restaurant.html\nCanada Business Starting a restaurant http://www.cbsc.org/servlet/ContentServer?pagename=CBSC_FE%2Fdisplay&lang=en&cid=1099483437553&c=GuideHowto\nSample Restaurant Business Plan (steakhouse)  http://www.bplans.com/spv/3228/2.cfm\nSample Restaurant Business Plan (organic restaurant) http://www.bplans.com/spv/3259/index.cfm?affiliate=pas\n\nYou may consider the following resources (not free):\n\nPalo Alto's Restaurant Business Plans http://www.bplans.com/st/restaurant.cfm\nFabJob.com's Starting a Restaurant Business http://www.fabjob.com/restaurantowner.asp\nEntrepreneur.com http://www.smallbizbooks.com/cgi-bin/SmallBizBooks/00047.html
379106
You might want to be considering moving your location to where you can put a sign out. \nLeave business cards at area businesses, if restraunts have business sponsored ads on their placemats put yours there so people can see. Put an add in the paper. Possibly renting a billboard if one is close to the area.
316534
Put an add in a related newspaper, send flyers around in related type establishments like restaurants also word of mouth. good luck
233102
Check the local bookstores.. they should have Restaurant Management in the management sections. Amazon.com is also a good place to look.
280852
Check you classifieds section, talk to related business to set something up that can be cross marketed and share some space, get in touch with a Realtor.
876087
Be careful.  There are always "experts" out there who will take your money and steal your idea or recipe.  \n\nI suggest you visit your local Health Department and SBA organization first and see what is involved in doing it all yourself. You may be able to lease a commercial kitchen at night when their business is closed.  That way you don't have the huge expense of setting up your own kitchen and still have the stainless steel sink etc.  to meet all the health standards.  You can buy the bottles and stoppers off the internet and create labels and order forms on your computer.  It would be easy to test the market.\n\nOur homebased business began in the garage and grew to gross over a million a year for awhile.  We started by marketing at retail trade shows like "the Harvest Festival" and later wholesale trade shows like the San Francisco International shows at the Moscone Center.  They have food/condiment sections.  If you are good enough someone who mass produces will approach you and in the meantime your investment is just for the booth at the show and the product itself.    In our case, we had approached some big outfits previously but they were not interested in us until they found us at the SF show.  I guess it lent some legitimacy to us.   This will also give you an idea of "potential income"  If one of those companies wants to buy you out, have an attorney who specializes in sales of businesses handle it.  He'll set the price by X amount of potential income that you are giving up by not running the business yourself.  Good Luck
506060
You can't. Companies don't just run around giving away free management software.\n\nYou better be a little more selective than just considering what's free when you're searching for any type of management or point of sale software. There are a LOT of considerations, the most important being service after the sale. Start searching for software in with companies in your area. If your sales or service rep can't drive to your business in less than an hour for an emergency, find a closer dealer.\n\nBefore you decide to open your restaurant, it may be a good idea to reexamine your philosophy on organizing your business. If you're looking to do everything for free, or as cheaply as possible, expect to end up one of the statistical 57% of restaurants that will be out of business this year, according to Restaurant Startup & Growth magazine.\n\nBrandon O'Dell\nO'Dell Consulting\nRestaurants/Retail/Bars\nbodell1@cox.net\n(316) 361-0675\nhttp://www.bodellconsulting.com\n\nFree initial consultations