Sooner or perhaps later you will think about selling your restaurant. Maybe you want to retire, start another business, spend more time with family or just get out from under your operation. In this episode of the Restaurant Rockstars Podcast, fellow industry Pro Jaime Oikle and I will do a deep dive into the Ins & Outs of buying and selling restaurants.
Today’s episode is all about the potential pitfalls of leasing your space and being at the mercy of your landlord. All may be well for many years and then the unexpected happens. To be truly “Bulletproof”, I recommend you explore owning your real estate and if the timing is not right today, working towards this goal for tomorrow… I’m not saying this is the correct thing to do for every situation, but this approach gives you leverage and a stronger “Exit Strategy” for your future and the future of your restaurant.