Restaurant Deal Making EXPOSED! With Patrick and Andy

By: Patrick Totah and Andy Mirabell
  • Summary

  • Selling (or buying) a restaurant or bar is no small feat. It's a complex and lengthy journey filled with many hurdles and deal-killers along the way. Restaurant Deal Making EXPOSED! is a masterclass in the navigation of these restaurant transactions, helping buyers and sellers to prepare for the good, the bad, and the ugly that comes with them. Whether you're looking to sell your lifelong business for top dollar or are on the hunt for the perfect restaurant or bar to call your own, this podcast will equip you with the knowledge and strategies you need to succeed. Show hosts Patrick Totah and Andy Mirabell are ex-restaurateurs and seasoned brokers who specialize exclusively in restaurant sales. Every other week, join them and their guest experts as they leverage their industry experience to uncover the secrets to successful deals, expose the challenges, share insider knowledge and wisdom, and provide invaluable insights and practical advice for buyers, sellers, and lessees to help them avoid common pitfalls, and guide them through the restaurant transaction process as seamlessly as possible. For more insights and to learn how Patrick and Andy can help you find high-caliber buyers for your restaurant or bar, visit: www.therestaurantsalesbroker.com. This is the show for you if you find yourself asking questions like: *How do I sell my restaurant? *How do I sell my bar? *How can I prepare my business to be sold? *Who sells restaurants? *Can I sell my restaurant if it is losing money? *Can I use a commercial broker to sell my restaurant? *Who should I contact to sell my restaurant? *Who should I contact to sell my bar?
    © 2024 Patrick Totah and Andy Mirabell
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Episodes
  • 018. 2024 Restaurant Industry Review: Challenges, Pivots, and Hope for the Future
    Jan 2 2025

    What a rollercoaster ride 2024 has been for the restaurant industry! As we close out the year, it's time to reflect on the challenges, triumphs, and lessons learned over the past 12 months in the California restaurant scene and throughout the US.

    In this special year-end episode, we sit down to discuss the state of the industry in 2024. We cover the ongoing impact of the pandemic, shifting consumer trends, and the resilience of restaurant owners and operators. You’ll learn about the hurdles faced by urban restaurants, the rise of suburban dining, and the opportunities that lie ahead in 2025.


    Get full show notes, resources, transcript, and more information here: https://www.therestaurantsalesbroker.com/18

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    22 mins
  • 017. Selling Your Restaurant: 5 Tips To Get the Best Deal
    Dec 19 2024

    Are you considering selling your restaurant or bar business? How can you maximize the value of your business and ensure a smooth transaction process? Last episode, we focused on the buyer. This episode is for the sellers out there, bringing you 5 tips for preparing your business for sale.

    From maintaining accurate financial records to being a good tenant and preparing for due diligence, this episode covers the key steps you need to take to set your business up for a successful sale. Whether you're just starting to think about selling or you're ready to put your business on the market, you won't want to miss this valuable advice from two industry experts.

    Get full show notes, resources, transcript, and more information here: https://www.therestaurantsalesbroker.com/17

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    25 mins
  • 016. 5 Critical Stages of a Successful Restaurant Transaction
    Dec 5 2024

    Have you ever wondered what goes on behind the scenes when buying or selling a restaurant? Every restaurant transaction is different, but in this episode, we pull back the curtain on the five most important steps we identify in pretty much every restaurant transaction.

    Tune in this week to learn the five key milestones you need to hit to successfully close a restaurant deal. We discuss the challenges faced by buyers and sellers, including confidentiality, landlord approval, and financing. Whether you're a buyer or seller, this episode will arm you with the knowledge you need to navigate this process with confidence.


    Get full show notes, resources, transcript, and more information here: https://www.therestaurantsalesbroker.com/16

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    33 mins

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