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Should I Sell My Restaurant Or Fix It?

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Manage episode 518716785 series 3645206
Content provided by Andrew Scott. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andrew Scott or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

If you’re a restaurant owner asking yourself, “Should I sell or fix my restaurant?” - then you need to know that getting this right could mean the difference between a six-figure loss or a thriving comeback.
In this episode, Andrew Scott is breaking down the real-world process of selling a restaurant - including the hidden costs, timelines, legal headaches, buyer red flags, and common myths that most operators don’t see coming.

You’ll hear about things like:

✅How to properly value your restaurant using EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization)
✅The truth about restaurant assets vs. actual profit
✅Why most restaurant sales fall apart
✅Common reasons owners want to sell… and why most are for the wrong reasons
✅The massive difference between a profitable business vs. a sellable business
✅When fixing your restaurant is often faster, cheaper, and more profitable than selling
Before you list your business or talk to a broker, listen to this episode!
Key moments:
00:01:40 Sell or Fix a Restaurant
00:03:20 How Business Valuations Work
00:06:00 Why Your Business Worth Less Than You Think
00:12:00 Hidden Costs Of Selling
00:20:20 Why Banks Won't Finance Your Sale
00:25:00 Supply and Demand
00:28:00 The “Fix It” Path
00:31:20 Your Business Beliefs
00:37:40 Paying the Ignorance Tax
00:43:20 Data Driven Decisions
Listen now to understand the real costs of selling versus fixing, and make the choice that protects your investment.

-

✅Tools For Restaurant Owners✅
Thinking of opening another restaurant? Avoid costly mistakes with my free guide:
👉https://hs.ownershifttraining.com/optin-mupb

-
✅About Us✅
The Restaurant Growth Accelerator Podcast is hosted by Andrew Scott - founder of OwnerShift Training.

Andrew Scott successfully scaled his restaurant business to 4 locations while working a handful of hours each week. He’s since helped over 1,000 restaurant owners increase their sales, profits, and free time - and he’d love to help you too.
✅For Restaurant Owners✅
Interested in growing your restaurant business while working less? Book your free assessment call:
👉 Restaurant Assessment Call

✅Connect With Us✅

https://www.facebook.com/groups/multiunitempirebuilders/
https://www.instagram.com/andrewrichardscott
https://ownershifttraining.com/

  continue reading

42 episodes

Artwork
iconShare
 
Manage episode 518716785 series 3645206
Content provided by Andrew Scott. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andrew Scott or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

If you’re a restaurant owner asking yourself, “Should I sell or fix my restaurant?” - then you need to know that getting this right could mean the difference between a six-figure loss or a thriving comeback.
In this episode, Andrew Scott is breaking down the real-world process of selling a restaurant - including the hidden costs, timelines, legal headaches, buyer red flags, and common myths that most operators don’t see coming.

You’ll hear about things like:

✅How to properly value your restaurant using EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization)
✅The truth about restaurant assets vs. actual profit
✅Why most restaurant sales fall apart
✅Common reasons owners want to sell… and why most are for the wrong reasons
✅The massive difference between a profitable business vs. a sellable business
✅When fixing your restaurant is often faster, cheaper, and more profitable than selling
Before you list your business or talk to a broker, listen to this episode!
Key moments:
00:01:40 Sell or Fix a Restaurant
00:03:20 How Business Valuations Work
00:06:00 Why Your Business Worth Less Than You Think
00:12:00 Hidden Costs Of Selling
00:20:20 Why Banks Won't Finance Your Sale
00:25:00 Supply and Demand
00:28:00 The “Fix It” Path
00:31:20 Your Business Beliefs
00:37:40 Paying the Ignorance Tax
00:43:20 Data Driven Decisions
Listen now to understand the real costs of selling versus fixing, and make the choice that protects your investment.

-

✅Tools For Restaurant Owners✅
Thinking of opening another restaurant? Avoid costly mistakes with my free guide:
👉https://hs.ownershifttraining.com/optin-mupb

-
✅About Us✅
The Restaurant Growth Accelerator Podcast is hosted by Andrew Scott - founder of OwnerShift Training.

Andrew Scott successfully scaled his restaurant business to 4 locations while working a handful of hours each week. He’s since helped over 1,000 restaurant owners increase their sales, profits, and free time - and he’d love to help you too.
✅For Restaurant Owners✅
Interested in growing your restaurant business while working less? Book your free assessment call:
👉 Restaurant Assessment Call

✅Connect With Us✅

https://www.facebook.com/groups/multiunitempirebuilders/
https://www.instagram.com/andrewrichardscott
https://ownershifttraining.com/

  continue reading

42 episodes

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