Is now the time?
SilverChef are once again hosting another of their excellent webinar series, this time on buying or selling a restaurant or cafe. As confidence grows in Australia and, fingers crossed, with the worst of COVID19 now behind us, is now the time to buy or sell?
There's a lot to consider, and having the right advice will reduce risk and speed up the process.
About this Event
The market for cafes and restaurants is active, and there are plenty of buyers and sellers. If you're considering selling your cafe or restaurant, or looking to purchase, this webinar will be packed with the information you need. The guest experts have many years in hospitality and know the market from all angles.
Topics covered
- • • State of the market in 2021 - trends and opportunities
- • What type of businesses do people want to buy?
- • The buying and selling process:
- • Legal issues - leases, contracts, licenses and other obligations
- • Landlords, rent and occupation costs
- • Importance of exit planning, and how to make your business more saleable
- • Handling negotiations with brokers, landlords and lawyers
- • Understanding & presenting profit figures - issues for buyers and sellers
- • Financial benchmarks - what makes a business an attractive purchase?
- • How to value your business and justify the price
- • Understanding obligations to staff and Fair Work regulations
- • Payout or take over leases and SilverChef agreements - what are the options?
- • Traps for unwary buyers and sellers - what to look out for!
- • Resource links - where to find more information
- • Ask the experts - there will be plenty of time for Questions & Answers
Special guests:
Paul Leach
, business consultant and broker with GSE Business ConsultantsRichard Edwards, hospitality lawyer with Pragma Legal
Julian Mero, business startup specialist and former restaurateur
Ken Burgin, host, Industry Insights Consultant at SilverChef and former cafe owner
Where & When
Thu, 20 May 2021
2:00 PM – 3:00 PM AEST
Can't make it?
Can't make it on the day? Register anyway - everyone will be sent the replay...
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