Building a reputation for your small restaurant or bistro is hard work – but it’s a great achievement.
If your establishment is regarded as the best Indian, Italian or Greek restaurant in the neighbourhood, then you’ve done a good job. But if it’s time to slow down, you might start to think about selling your successful eatery. To help you find interested buyers the Hilton Smythe team are only a call away.
Service please! (Good customer service)
As the UK’s leading small business broker, we naturally offer superior customer service and go the extra mile for business owners selling their assets. Just take a look at our independent reviews on Feefo to see why so many people had a hassle-free, simple selling journey with Hilton Smythe.
Selling a business can be very stressful, but we like to try and simplify everything as much as we can in order to remove the stress from the process. We take an open and honest approach and will happily answer any questions you may have along the way.
Is it the right time to sell?
This is a question every business owner must ask themselves before listing their business or commercial property. There is no perfect time to sell, but you should take into account external market factors which may affect the price of the business. Some people don’t have the luxury of choosing when to sell up – if they have a change of circumstances which means they can no longer run the business effectively.
However, if you’re considering retirement or relocation it’s important to plan ahead. Could your accounts look even healthier next year which would attract more buyers? The food and beverage industry is looking strong at the moment, as busier lifestyles mean the public choose to eat out more than ever before.
Finding out how much your business is worth right now can help you decide whether it is the right time to sell – however nobody can predict the future, so you won’t know if it will be worth more further down the line. We offer a free, no obligation valuation for your restaurant to give you a realistic value of your business and/or property.
Once you have an idea of the asking price, it’s time to find suitable buyers which will continue taking your restaurant from strength to strength. After all, it’s been your baby for years – you want to make sure its left in good hands!