Buying An: Existing Restaurant

Get a printout of outstanding gift cards; you will need compensation for these since you must redeem them. 2. Infrastructure & Assets

Request at least 3 years of actual tax returns; do not rely solely on internal profit and loss (P&L) statements. buying an existing restaurant

Verify the validity of books, especially if cash is a large factor in revenue. Get a printout of outstanding gift cards; you

Seeking Advice; Buying Existing Restaurant : r/restaurantowners buying an existing restaurant

The most critical phase of the purchase is the verification of the seller's claims and the physical state of the business. 1. Financial Verification