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What are Multiples? How to Value a Business

What Are Multiples and Should I Use them To Decide What My Business is Worth? This past week I have been told about what a business should be valued at because there was a multiple for that type of business, another broker told me they had a “proprietary” system, and yet

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I’m Ready to Sell My Restaurant-How Do I Get Started?

When you have decided that it is time to put your restaurant up for sale, there are a few steps you will need to complete before you list your restaurant on the market. The first step is to hire a business broker who is experienced in the restaurant market. You will

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Selling a Restaurant: Mistakes You Don’t Want to Make, Part 3-Pricing Your Restaurant Too High

Are you ready to sell your restaurant? You may have put your blood, sweat, and tears into every part of your establishment, but when the time comes to sell you can’t be emotional about the price. When your listing first hits the market, it needs to be priced fairly or

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