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Writing Tips For Your Restaurant
For Sale Advertisement
October
2006
Writing an
advertisement for trying to sell a
restaurant comes natural to some,
but some people need help to try and
boost their exposure. Here are some
tips we have found helpful over the
years.
FOR CONFIDENTIAL
SALES ADVERTISEMENTS
-
Make your
title unique to your location.
(Don't Just writhe "Mexican
Restaurant For Sale") Your
listing is obviously for sale if
it is on our site so don't waist
the space with that phrase. Try
and enhance the title with the
most positive attributes of the
listing. For Example
-
Emphasizing Location:
Mexican Restaurant in Prim
Location
-
Emphasizing Cash flow:
Mexican Restaurant Profiting
$500K
-
Emphasizing Revenues:
Mexican Restaurant Doing $3
million in sales
-
Emphasizing Lease: Mexican
Restaurant with Below Market
Lease
-
Emphasizing Liquor License:
Mexican Restaurant + Liquor
License
-
Emphasizing Remodel: Newly
Remodeled Mexican Restaurant
-
You can
find other things to
emphasize. These are 6
popular things to emphasize
and you may have multiple
things you want to
emphasize. The important
thing is to keep it unique
to try and get more
interest.
-
Describe
your location as best you can
without giving away the actual
establishment. Unless you are in
an unusually small city or town
you should usually be able to
identify the city or at least
county. If you still think that
will give the location away,
then be more general. (ie.
Upstate New York)
-
Always
include an asking price! People
want to have a ballpark figure
of what you expect as a seller.
If you price well and have a
good establishment which
receives multiple offers, you
have more of a foot to stand
with to achieve a higher price.
Not having an asking price,
unless it is a pure lease deal,
usually attracts a clientele
which are not as serious.
-
Complete
these fields: Square Footage, #
of seats, Lease/Rent, Revenues,
Cash Flow
This is especially important for
independent restaurants as these
are the first thing they are
going to ask you when they
contact you if it's not already
disclosed. The more information
the better. The one place you
may not want to include
information, is in the Cash Flow
field if it is not a positive
number. This can be disclosed
later when the buyer contacts
you.
-
In your
detail description include as
much as you can in terms of
demographics, surrounding demand
generators such as Universities
or Medical facilities, etc. This
helps sell your listing and
attract leads from people who
may not know the city or county
as well. On Restaurants For Sale
Online we frequently have people
buy establishments across the
country. When people are given
more information it generates
there interests.
-
In your
detail description list all the
equipment which you are planning
to include in the sale. Many
buyers are actually chefs that
have been in the restaurant and
know what they are looking for.
By having a list of the
equipment they can evaluate your
listing more effectively and
determine how much money they
will have to put into the place
to equip themselves properly, or
maybe they will realize you have
all the equipment and no further
investment is necessary.
FOR NON CONFIDENTIAL
SALE ADVERTISEMENTS
-
If
your sale is NOT
confidential, the best thing we
can suggest in addition to the
information above is PICTURES,
PICTURES, PICTURES! Good
pictures are truly worth 1000
words, and if you have good
exterior and interior photos you
can include up to 6 on your ad.
We recommend 1 good exterior
picture (2 exterior maximum), 4
interior pictures of the seating
area, and 1 good picture of the
back of the house. Every
establishment is different based
on the features of the location,
so feel free to mix it up
however you wish.
-
If
you sale is NOT
confidential you should also use
the actual restaurant name in
the title, and disclose the
address of the location. You may
also want to link your ad to
your restaurant website if you
have one.
DISCLAIMER: Restaurants
For Sale Online assumes no
responsibility for decisions
made by buyers, sellers or other
parties to any transaction.
Information has been provided
based on experience and
research. The results of various
articles and studies reflect
such information. Restaurants
For Sale Online assumes no
responsibility for pricing,
advertisement appearance, or
recommendation of pricing or
advertisement appearance to any
of our users. If you are
interested in buying a business,
Restaurants For Sale Online, LLC
recommends you do your own due
diligence to verify the source
of any information provided to
you by a seller and/or
intermediary. If you are
interested in selling your
business, Restaurants For Sale
Online recommends you contact an
intermediary that specializes in
transactions similar to the
respective business.
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