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RestaurantRap Articles

Fine Tune Your Operations To Maintain Value In Today's Economy

September 2008

The Key Ingredients Of A Successful Restaurant, Bar or Nightclub From A Customer's And Buyer's Perspective

April 2008

Things That Can Go Wrong During A Sales Transaction That Sellers Needs to Know

August 2007

How to Overcome The Most Common Obstacles in Dealing With the Landlord

May 2007

The Major Factors In Selecting a Strong Restaurant Location
August 2006
 

The Essentials For Preparing A Business Plan For Future Growth Opportunities

March 2006 

Restaurant Realty’s Partnership With Restaurants For Sale Online Gets Deals Done!

January 2006 

Why 2005 Is A Good Time To Sell Your Restaurant Real Estate

September 2005 


How to Sell Your Restaurant, Bar or Nightclub
August 2005 


Why Choose Restaurants For Sale Online To Sell Your Restaurant, Bar or Club
August 2005 


How to Buy A Restaurant, Bar or Nightclub
July 2005 

Restaurants For Sale Online Releases 2005 Pricing Study
June 2005


How California's Largest Restaurant Brokerage Has Sold Hundreds of Restaurants
April 2005 


The Selling Process - From the Offer Through The Close Of Escrow
January 2005


The Market For Selling Restaurants
April 2004


The Market For Buying Restaurants
April 2004


Helpful Techniques In Negotiating Your Lease

October 2003

Some Of The Major Challenges In Close The Deal
April 2003 


Don't Wait Until It Is Too Late!!!
January 2003 


Why So Many Restaurants Fail
July 2002 


The Advantages And Disadvantages Of Buying An Existing Restaurant Versus Developing A Restaurant From Scratch
April 2002 


Tips To Stay On Top During Challenging Economic Times
April 2001


Advantages Of Working With An Experienced Broker In Buying And Selling A Restaurant, Bar Or Club
October 2000 


How To Negotiate A Good Tenant's Lease And How To Renew A Lease On Favorable Terms To The Tenant
July 2000 


Major Considerations In Deciding To Sell You Restaurant, Bar Or Club
April 2000 


The Advantages Of Reporting All Of Your Sales
October 1999 


When Is The Best Time To Sell Your Restaurant, Bar Or Club?
October 1999


What You Should Do To Get Your Restaurant, Bar Or Club Ready For Sale
August 1999 


How To Maintain Strict Confidentiality In Marketing Your Restaurant For Sale
July 1999 


How To Find A Good Restaurant Site
May 1999 

 

Restaurants Sell on Restaurants For Sale Online
July 31, 2006
 
Over the years Restaurants For Sale Online has listed thousands of restaurant, bar and nightclub opportunities. Upgrades to our system over the last 2 years have allowed us to compile all sorts of data to tell our users a little bit more about the results our service brings. When removing a listing from Restaurants For Sale Online, we have provided an exit survey to our users and we also extract listing exposure statistics based on the data our system stores. We received nearly 1,000 exit survey results from June 2005 through May 2006.

Of those surveyed nearly 60% said they sold their listing, and over 48% said that the listing had sold as a result of a lead from Restaurants For Sale Online.

Here are some other interesting results recorded in our survey.

Asking versus Sales Price
Average reported asking price for listings sold was $288,000
Average reported sales price for listings sold was $251,000

Customer Feedback

Over 88% of removed listings said YES - use us as a reference.

Listing Period
The average listing time on the website was 5.5 months (166 days)
The median listing time on the website was 4.2 months (126 days)

Listing Exposure
The average was viewed 2,352 times in the search results
The average listing profile was viewed over 573 times
Over 86% of listings received inquiries
 

DISCLAIMER
The information in our articles has been provided by Jacob Zimmerman of Restaurants For Sale Online, LLC based on exit surveys completed from June 2005 through May 2006. Restaurants For Sale Online makes no guarantees. All listings are unique and receive varying response. Jacob Zimmerman and 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 or recommendation of pricing to any of our users. If you are interested in buying a business or piece of real estate, Jacob Zimmerman and 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, Jacob Zimmerman and Restaurants For Sale Online, LLC recommends you contact an intermediary that specializes in transactions similar to the respective business or real estate.

 

 

 
   

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