One of the most significant differences between selling a going concern business and a commercial property is the seller’s need for confidentiality during the marketing process.
Buying a competitor or a synergistic operation is an accepted growth tactic for larger sophisticated businesses.
Business owners sell their businesses for a variety of reasons: retirement, boredom or wanting to explore another opportunity. Sometimes the sale of the business is forced, triggered by events outside the owner’s control: health issues, an economic downturn or changing industry dynamics.
Known for its quality, home-style cooking. A local favorite and a favorite tourist stop for more than 60 years. Serves breakfast, lunch and dinner in an “upscale diner” atmosphere.
Consistent profitability. Well trained staff and a variety of e-commerce clients.