November 12, 2019  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Resources for Entrepreneurs

 

Selling a Company

 

Selling a Lebanese Restaurant

Maybe you're counting on your Lebanese restaurant to be a stepping stone to your next big business venture. Maybe it's your retirement fund. Either way, you need to maximize the price it gets in the business-for-sale marketplace.

You won't find any magic formulas for selling a Lebanese restaurant, especially while the market is struggling to overcome the perceptions created by a down economy.
(article continues below)

Most Lebanese restaurants are good business opportunities, a fact that is not going unnoticed by today's discerning buyers.

Are You the Right Person to Sell Your Business?

An unassisted business sale is a double-edged sword. On the one hand, no one knows your business better than you do. When it comes to earnings potential, asset condition, and other considerations, you are the world's leading expert on your company. But your knowledge and personal insights about the Lebanese restaurant are also the problem. Nearly all sellers have an inflated sense of their company's value. So in many cases, the introduction of third-party opinions regarding value and negotiation parameters is a fundamental requirement for a successful Lebanese restaurant sale.

Buyer Concessions

Sellers aren't the only ones who can make concessions in a business sale. In many instances, sellers can request buyer concessions. Although this scenario frequently plays out around seller financed deals, it's possible to push for a higher sales price or other form of compensation if you agree to mentor the buyer for a specified period of time. Asset exclusions, retained ownership shares and long-term contracts with another of the seller's companies can also be leveraged to extract concessions from buyers.

What About Market Conditions?

No one plans to sell a Lebanese restaurant in a down economy. So far, government intervention and promises that the economy is slowly recovering haven't been enough to alleviate many entrepreneur's fears. However, many business sellers don't realize that a full economic rebound can have devastating consequences, particularly if sellers who have waited to list their businesses suddenly create a glut in the business-for-sale marketplace. So what's our point? The economy isn't the most important factor in the sale of your business. Instead, you should be focusing on making your Lebanese restaurant as attractive as possible so to buyers right now.

More Info on Business Transitions and Related Articles

Given your interest in exit planning and in Lebanese restaurants, you might find these additional resources to be of interest.

Marketing a Lebanese Restaurant

Selling to Competitors


Conversation Board

The learning process for selling a Lebanese restaurant is an ongoing journey. Send us your comments and questions, and let's continue the conversation!


Questions, Comments, Tips, and Advice  Code Image - Please contact webmaster if you have problems seeing this image code
Problem Viewing Image
Load New Code

Hoping to Open a Lebanese Restaurant?

If you plan on opening a Lebanese restaurant, these helpul resources may be just what you've been looking for:

Starting a Lebanese Restaurant

Looking for Lebanese Restaurant Customers?

If you consider Lebanese restaurants to be sales prospects, this isn't the best resource for you on our site. These helpful guides are more appropriate for you:

Selling to Lebanese Restaurants

Mailing Lists for Lebanese Restaurants

More Guides on Selling a Business

If you are eager to get business succession tips for a different industry, try our list of exit planning guides below.

Browse more niche exit planning guides:

 

 

 

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary