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So you Want to Sell your Restaurant/Bar Business 10 things you need to do!

So you have owned a restaurant/bar business and you have decided it is time to sell.  Once you have made this decision there are several things you should do.

1. Account for all funds, yes even the petty cash that you have forgotten to ring in the POS system.

2. Make a complete list of all the equipment, maintenace contracts, fix what you can.

3.  Have good books and records ideally 3 years P&L statments, tax returns, state sales tax receipts

4. In compliance with Health Deptartment, ATF, all appropriate licences

5. Copy of lease

6. Vendor List

7. Key Partnerships/Employees/Managers contact

8. Take Inventory

9.Speak to your Wife/Life Partner/Business Partner/Parent..

10.  Interview a Great Business Broker for confidential discussion 813.469.7957 & don't forget to clean up!

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Monday, January 22, 2018 10:02 AM by Opal Adams

# nice post

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Tuesday, February 27, 2018 9:46 AM by Opal Adams

# Good Post

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