Who honours my pizzeria’s coupons and flyers after I sell?
Whoever the purchase agreement says. Flyers, box-top coupons, app promo codes and loyalty punches stay in customers’ hands after closing, so list each one and agree in writing whether the buyer honours it, how long it runs, and whether any cost is shared. Your lawyer can draft the wording.
Pizzerias run on promotions. On closing day there will be flyers in mailboxes, coupons tucked inside boxes, codes live in the ordering app and loyalty cards partly punched. Customers will expect those to work for the new owner. If nobody has decided, the first week turns into awkward arguments at the counter.
Make a list of everything in circulation
Gather one of each flyer and coupon, and screenshot every active app code. Write down what each offers, when it was distributed, and when it ends. Include any gift cards and loyalty programs. A buyer cannot agree to honour what they have not seen, and the list becomes a schedule you can attach to the sale.
Agree who honours what
Settle this in the purchase agreement. One approach is for the buyer to honour current promotions for a set period, with an end date printed on anything new. Some sellers offer to share the cost for a short time. BDC’s article on purchase agreement pitfalls explains how the agreement allocates risk between buyer and seller.
Plan the next flyer run
Printing and delivery take time. If a flyer run is booked around closing, decide who pays and whose name and phone number appear on it. A buyer who plans a new design may want to hold the old run until the handover is done. Coordinate with the printer before either side commits.
Tell customers plainly
A short sign at the counter and a note on the app saying the shop has new ownership, and that current offers still apply, calms things down. Staff should know the answer before the first customer asks. Restaurants Canada is a good place to see how other operators handle local marketing.
Related reading
10 pages on the same subject, grouped by topic.
Buying
- Expert answerWhat is owning a pizza shop really like?
- Expert answerHow do I tell what a pizza shop owner actually takes home?
- Expert answerShould I buy an existing pizzeria or open a new one?
- Expert answerHow do I find a pizzeria for sale near me?
- Expert answerShould I buy a pizza franchise or an independent pizzeria?
- Expert answerHow do I tell if a pizzeria relies on the owner’s own hours?
- Expert answerWhat should I check before buying a pizza franchise resale?
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentMajor pitfalls to avoid when negotiating a purchase agreement
- 02Restaurants CanadaIndustryRestaurants Canada - The Voice of Foodservice
- 03Business Development Bank of CanadaGovernmentHow to minimize negotiations when selling your business
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