One Cherry Center - 501 S. Cherry St. Suite 1100, Denver, Colorado 80246
ADVISORY SERVICES - BUYING OR SELLING A HOSPITALITY BUSINESS
If you are buying a hospitality business, do you know what you're looking for to ensure the deal is in your favor? Likewise, if you are selling a business, are you going to pay exorbitant broker fees or sell it yourself? Today, for both buyers and sellers in Colorado, there's a smarter way to protect your interests by utilizing our advisory services.
Sellers: Because we're not restaurant brokers, there are no costly broker commission fees to pay, saving you an average of 50% or more. Our efficient system provides a structured selling experience for your restaurant, bar, cafe' or hospitality business, anywhere in Colorado. We handle most of the work, and you'll enjoy a smooth transaction, knowing we've got your back through every step of the process.
Buyers: There are three, high level components to a purchase. #1. Do you actually know what you're buying and the realistic selling price? #2. If you've never purchased a restaurant business before, there's a ton of surprises coming your way if you're not careful. Due diligence is the key to making a good purchasing decision. #3. The proven buying structure. Many brokers will push the sale on you, frequently missing important steps in the process, so we make sure all the bases are covered without undue pressure.
We are dedicated to providing both buyers and sellers with top notch advisory services and protecting your interests in what could be, one of your largest financial transactions. Our firm, Restaurant Consulting Services, Inc. has over 15 successful years of providing consulting and advisory services for happy clients throughout Colorado.
We provide advisory services for buyers and sellers of:
- Full Service Restaurants Pizza Restaurants Coffee Shops
- Ice Cream Catering Operations BBQ Restaurants
- Bars, Pubs, Taverns Sports Bars Nightclubs
- Fast Casual Restaurants Family Restaurants Fine Dining
- Theme Restaurants and Ethnic Restaurants
- Breakfast/Lunch Restaurants
- Anywhere in the State of Colorado
Call Kevin Moll at 720-363-0164 for a confidential, no-obligation discussion
For Sellers
THE OLD WAY TO SELL YOUR BUSINESS: Use a broker and pay a big commission at closing. This may also include a broker fee up front, unknown advertising exposure and a frequently questionable selling structure, resulting in buyer and seller frustration. Why do it this way?
THE SMART WAY TO SELL YOUR BUSINESS: NO commissions and NO broker fees. More marketing, more interested buyers and more personal attention to the sales process to keep things moving forward towards a smooth closing. Our proven methodology results in less wasted time on the market. Plus, our clients save an average of 50% or more compared to a broker. You only pay a small monthly fee for our services.
GET ALL THE GOOD: Maximum confidentiality, no interruptions in your day-to-day business operations, professional coaching to achieve your desired asking price, and top notch personal attention.
BOTTOM LINE: Want to sell your business and pocket the maximum amount of cash at the closing? We can help you accomplish your goals.
Buyers and Sellers - Please Note: We do not consult or advise on real estate or real property transactions. We concentrate on assisting business owners with leased property, asset sale transactions. If your transaction includes real estate, please contact a reputable real estate broker.
For Buyers
WE FIND A BUSINESS THAT MEETS YOUR NEEDS: We search the market, looking for the right business that matches your desires.
CONTACT AND TOUR: On your behalf, we'll contact the seller (or broker) and arrange for a site tour together with you. Then, at your choosing, we either move forward on this site or keep looking for one that's a closer match for what you have in mind.
LETTER OF INTENT: We'll draft a LOI to be submitted to the seller and walk you through the negotiations. Once signed, due diligence begins.
DUE DILIGENCE: This is where the rubber meets the road. Are sales legit, are all employees legally employed, is the lease suitable and much more. There's over 30 specific items we check out to ensure that you are fully informed about the place you wish to purchase.
DOCUMENTATION: Together with your attorney, the documents related to the Asset Purchase Agreement (APA) liquor license transfer, new or lease assignment and others are taken care of.
CLOSING: We're with you at closing to ensure that everything is handled properly. Now, as the new owner of the business, you'll have your hands full and we can continue to work with you as needed to ensure a busy and profitable business!