The Restaurant Group 
Your Source to Buy, Sell, or Find the 
Best Location for your New Restaurant

Buying an Existing Restaurant
Advantages of buying an existing business:
  1. Much less expensive Would cost you 2 ro 3 times more to build-out your own.
  2. Quicker timetable to get business up and running (will take 6 months to a year to receive all the permits and inspections.
  3. Existing customer base
  4. Grandfathered of existing building conditions (restrooms, etc)
  5. Immediate cash flow
  6. If lease is assigned, it may be lower rent than a new lease
Disadvantages:
  1. Must compromise with existing buildout and kitchen
  2. Inherit the former business reputation
  3. If older, may have higher maintenance bills