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How to add note in the Restaurant Evaluation

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hey everyone thank you for tuning in today weve got exciting guests coming in damn Fagan hes with commercial brokers international hes one on top of restaurant brokers in Los Angeles this video is really geared towards Los Angeles this is really all Dean does just some national franchises I guess but but not too many really has a focus on Los Angeles great guy has a lot of information for us so stay tuned and well see what he has to say Dans been in the business for how many years 16 years 16 I was doing brokerage and thats both commercial real estate and the business brokering and then prior to that I was 23 years as an owner operator of restaurants and bars that worked every every department from busboy to owner to manager to all of those kind of things so now lets just knock something now Ive always thought that people that want to own a restaurant are probably a little bit off yeah okay so you broker those restaurants Im not sure where that leaves you but amazingly just a

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How do you evaluate the value of a restaurant?

As a general rule, restaurant owners and investors often aim to sell a restaurant for 25% to 40% of its yearly sales or gross income. For example, if a restaurant has sales of $1 million a year the owner might set a price of $250,000 to $400,000.

What can I write in a restaurant review?

Good restaurant review examples for excellent service The service at [insert restaurant name] is top-notch! I was blown away by the service at [insert restaurant name]. The service here is excellent. I cant say enough good things about the service at this restaurant. The staff here truly cares about their guests.

How do you write a good restaurant review?

How do you write a good restaurant review? Provide accurate and actionable feedback for the business. Help other potential guests/diners choose the suitable establishment for their needs. Include helpful information on food, service, ambiance, and other pertinent details.

How to do a restaurant evaluation?

Factors that Influence Restaurant Valuation 1) Cost of Assets or Equipment. Restaurant equipment is expensive, and the decision whether or not to include it in the purchase price will impact the valuation of the business. 2) The Economy. 3) Age of the Business. 4) A Loyal Customer Base. 5) Location, location, location.

How do I leave a review on a restaurant?

Briefly, a four-step guide to leaving a helpful restaurant review: List some basic information: the date/time of your visit, which branch (if relevant), how many at your table or who your server was; State what was unsatisfactory and explain in detail, without getting emotional;

What is an example of a positive review food?

Review: The food at [Restaurant Name] was absolutely delicious! The staff was friendly, and the atmosphere was cozy and inviting. I cant wait to come back!

What are good food reviews words?

Delicious Phrases for Talking About Food in English Beyond Delicious Tastes great! Im so glad I ordered this pizzait tastes great! Really good! Have you tried the chocolate cake? Wow, [this food] is amazing! Wow, this pasta salad is amazing! Yummy.

What is the rule of thumb for valuing a restaurant?

The general restaurant valuation rule of thumb is 2.3 x cashflow. A common issue are restaurant owners who fail to report income. The business owner will often insist that these phantom funds should be used in the pricing formula.

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