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How long is the average time a restaurant is typically on the market beofre it can be sold

I have a business -restaurant that has been on the market for 45 days, signed w/ a broker and they've only shown it 1x . How long is the average amount of time on the market?

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We are financial consultants to a group of investors whom we have their consent to manage their funds which is in our custody for cooperation in joint venture business investments.

Our areas of interest include Property Development and real estate, Health Care, Education and training, Mining and exploration, Energy, oil and gas,Technology, Software development, Agriculture, Manufacturing, Finance Services and Leisure.However, all viable proposals within reason will be considered.

Funds shall be made available to you as a direct investment loan at 3% interest rate per annual for a period of 2 or 30 years depending on what you prefer. You may contact us if you have interesting investment proposal for possible business collaboration for our study.

We look forward to your reply to enable us provide you with details or you may visit our website.

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phone: (980) 239-7539

Aug 9, 2017
Julie A. Barnes, CPA
Small Business Exchange, Inc.
Travis County, TX

Hi Paul,

Lee is absolutely correct - it all depends on a variety of factors. I will tell you, however, that I discourage my registered buyers from getting into the food service industry unless they've worked in the industry before. It's a tough nut to crack - even for "paint by the numbers" franchises - I really don't consider it just a business but a lifestyle - buyers should be ready to dedicate almost every waking hour to a restaurant. If it's their cup of tea (if you'll excuse the pun) - it can be a grand adventure. If not, it can be an albatross. Just my two cents.

Julie A. Barnes, CPA
President, SBX, Inc.

Nov 2, 2009
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UBI Business Brokers

it depends on various factors: a bargain always sells fast, this is for any business or item.
apart from that the main points: is it a desirable location? is the business in desirable condition, price, proifitability, equipment? is there financing available? will the seller carry any paper? how much advertisement in being done on the business? is it being promoted? is it fairly priced? how does it compare with other similar businesses?

Nov 2, 2009

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