If you’re a restaurant owner asking yourself, “Should I sell or fix my restaurant?” - then you need to know that getting this right could mean the difference between a six-figure loss or a thriving comeback.
In this episode, Andrew Scott is breaking down the real-world process of selling a restaurant - including the hidden costs, timelines, legal headaches, buyer red flags, and common myths that most operators don’t see coming.
You’ll hear about things like:
✅How to properly value your restaurant using EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization)
✅The truth about restaurant assets vs. actual profit
✅Why most restaurant sales fall apart
✅Common reasons owners want to sell… and why most are for the wrong reasons
✅The massive difference between a profitable business vs. a sellable business
✅When fixing your restaurant is often faster, cheaper, and more profitable than selling
Before you list your business or talk to a broker, listen to this episode!
Key moments:
00:01:40 Sell or Fix a Restaurant
00:03:20 How Business Valuations Work
00:06:00 Why Your Business Worth Less Than You Think
00:12:00 Hidden Costs Of Selling
00:20:20 Why Banks Won't Finance Your Sale
00:25:00 Supply and Demand
00:28:00 The “Fix It” Path
00:31:20 Your Business Beliefs
00:37:40 Paying the Ignorance Tax
00:43:20 Data Driven Decisions
Listen now to understand the real costs of selling versus fixing, and make the choice that protects your investment.
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✅Tools For Restaurant Owners✅
Thinking of opening another restaurant? Avoid costly mistakes with my free guide:
👉https://hs.ownershifttraining.com/optin-mupb
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✅About Us✅
The Restaurant Growth Accelerator Podcast is hosted by Andrew Scott - founder of OwnerShift Training.
Andrew Scott successfully scaled his restaurant business to 4 locations while working a handful of hours each week. He’s since helped over 1,000 restaurant owners increase their sales, profits, and free time - and he’d love to help you too.
✅For Restaurant Owners✅
Interested in growing your restaurant business while working less? Book your free assessment call:
👉 Restaurant Assessment Call
✅Connect With Us✅
https://www.facebook.com/groups/multiunitempirebuilders/
https://www.instagram.com/andrewrichardscott
https://ownershifttraining.com/
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