How do I sell a burger restaurant?
Get the shop ready to hand over: write down the recipes and suppliers, list the equipment, sort out the lease, prepare to move delivery-app accounts and reviews to the buyer, and offer a handover period. Write down how the shop runs without you, so a buyer can see it.
Write your notes so that a stranger could run the shop from them. Buyers will ask the same questions again and again: what makes the burgers yours, who supplies them, what comes with the kitchen and how orders arrive. Answer those on paper before you list, and the conversations that follow stay short and calm.
Write down what is in your head
Put the recipes, sauce methods, prep schedules and portion sizes in a binder or shared file. List your suppliers with contacts and delivery days, and keep copies of any written terms. Decide with your lawyer what the sale will say about the recipes and menu names. This page on recipes in a restaurant sale explains why that matters.
Equipment, lease and staff
Make an equipment list showing what you own, what is leased and what is still being paid off. Read your lease and note who the landlord is and what it says about transfers. Tell your lawyer early, since the landlord’s consent often sets the timeline. Think about which staff you want to introduce to a buyer and when you will tell the team.
Delivery accounts, reviews and handover
Check whose name is on each delivery-app account, the review pages and the social media profiles. Ask each platform how a change of owner works. Then offer a handover period where you work beside the buyer on the grill and the ordering. Be clear with the buyer about how available you will be during that stretch. This page on keeping a franchise running while it is for sale applies here too.
Related reading
15 pages on the same subject, grouped by topic.
Selling
- GuideSelling a restaurant in Canada
- GuideSelling a quick-service restaurant in Canada
- Expert answerHow do I keep my fast food franchise running well while it’s for sale?
- Expert answerWhat happens when the franchisor inspects my fast food restaurant before a sale?
- Expert answerHow do I sell a hunting or fishing outfitter?
- Expert answerHow do I sell my pawn shop?
- Expert answerHow do I sell a Thai restaurant?
- Expert answerHow do I sell a fishing charter business?
- Expert answerHow do I sell a Vietnamese pho restaurant?
Buying
- Expert answerDo the recipes come with a restaurant when you buy it?
- Expert answerWhat should I ask the seller during a fast food franchise handover?
- Expert answerHow do I transfer a food premises licence when buying a restaurant?
- Expert answerWhat should I check before buying a takeout-only restaurant?
- Expert answerWhat should I do in the first months after buying a restaurant?
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernment7 steps to increase your business’ value—before you sell it
- 02Business Development Bank of CanadaGovernmentHow to minimize negotiations when selling your business
- 03Business Development Bank of CanadaGovernmentUnderstanding the options for selling your business
- 04Restaurants CanadaIndustryRestaurants Canada - The Voice of Foodservice
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