Running a restaurant is more than just a job—it’s a lifestyle, a labour of love, and often a significant investment of time and money. But when circumstances change, whether it’s time to retire, capitalise on years of hard work, or respond to unexpected challenges, knowing how to sell property like a restaurant quickly and efficiently becomes essential.
At The Property Buyers, we specialise in helping business owners sell restaurants and similar commercial properties with speed, transparency, and minimal disruption. We understand the real value behind your venture—not just the premises, but the potential—and we’re here to guide you every step of the way.
A Checklist for Selling Your Restaurant
1. Bricks and Mortar
Understanding the property’s status is crucial:
- Is it freehold or leasehold?
- If leased, how many years remain on the lease?
- What are the lease terms and conditions?
- What would be the cost to purchase the freehold?
- Are you responsible for maintenance under the lease?
- What is the current condition of the property?
2. Demographics
Buyers want to know about the local area and customer base:
- What is the footfall or customer traffic in the area?
- What makes your location unique?
- What type of clientele does your business attract?
- What competition exists locally?
- How seasonal is the trade throughout the year?
3. Presentation
First impressions matter, and presentation influences value:
- How appealing is the dining area?
- What maintenance or upgrades are needed to maximise the sale price?
- Are kitchen appliances modern and efficient?
- Would you personally dine in your restaurant?
- How professional and user-friendly is your website?
- What is the status of your social media presence, such as Facebook likes and reviews?
4. Financials
Potential buyers will request detailed financial information, including:
- What is the annual turnover?
- What is the profit margin?
- What are the assets worth?
- What is the average spend per diner?
- How many covers do you serve weekly?
- What are the running costs?
For a comprehensive checklist, please [click here].
5. Management
A well-managed restaurant can be seen as a steady revenue stream rather than just a job:
- How long have key staff members been employed?
- Do you have CVs and staff character profiles?
- What management structures are in place?
- What are the salary commitments?
- Who might remain or leave after the sale?
- How easily could you recruit replacements if needed?
Sell Your Restaurant to The Property Buyers
At The Property Buyers, we prioritise the lease or freehold status of the property above all. The viability of the bricks and mortar is fundamental if the business itself is not profitable. We offer a quick, transparent sale process where you will be informed every step of the way.
We have an extensive network of major clients actively searching for business premises. We are interested in whether you have freehold property or a leasehold with good terms.
If you want to sell your restaurant quickly and efficiently, contact us on 0800 012 2334 or complete the form on the right-hand side of this page.