How to Sell Your Restaurant without Paying Large Fees
It shouldn’t surprise you that, when you aim to sell a restaurant through a broker, you’re responsible for all the upfront broker fees. These fees, which pay for the handling of buyer inquiries, marketing, and sales preparation are often quite expensive and cut into your final profits. You should also know that these upfront fees are separate from the after-sale commission that the broker receives, which can be upwards of $15,000 regardless of the sale price. Between the upfront fee, the commission, plus the standard taxes a seller pays, your profits could be much less than planned if you go through a broker. However, there’s another option.
At Bonza Business & Franchise Sales, we provide all the crucial aspects of what a broker offers without the upfront fees and hefty commission. We charge one low rate for marketing, sales preparation, buyer enquiry handling, and more. Think of us as the ideal choice between a brokerage firm and handling the entire process on your own, which is extremely tough and stressful if you’ve never done it before.
When you try to sell a restaurant on your own, you’re honestly on your own. You have to handle every aspect yourself. With Bonza, you’re never alone. We’ll manage all the difficult parts of the sales process because that’s where our experience lies. We’ll advertise your restaurant on top-tier sites and social media networks, which could cost you upwards of $1,400 per month when promoting on your own.
When you’re ready to sell your restaurant, call us on 1300 266 922