I am a well seasoned residential broker but not a lot of commercial experience with a client wanting to sell a restaurant. It is a bar and grille, beachfront location in a high traffic, prime location, full liquor license, great name and reputation and growing nicely. Desired purchaser would be a national company with a beach or seafood theme or a capitalized entrepeneur. Current establishment seats nearly 200 with inside and outside open air seating. Owner would sell business, property or both, hold note, leaseback property etc. I am trying to start a conversation with the appropriate people at perhaps a regional or national chain with an acquisition department and connect with a commercial broker on a referral/training basis so I can stay somewhat involved in the transaction.

Any input or direction would be appreciated! Not currently listed. Private email is good...

Richard you need to read this book.It will give you a very in depth knowledge of restaurant business brokerage.

Do the digital down load for 14.99 as a .pdf file.

http://tatepublishing.com/bookstore/book.php?w=978-1-61739-814-8