How do you sell a restaurant without telling the staff?

Question

I want to list my restaurant for sale in Portland and keep it confidential. Offers need real numbers, but I do not want servers hearing it from a tour. How are people handling showings?

SpicyChef271 · Answer

Use a confidential listing: public page stays light, full address and photos after an NDA. Schedule tours before open or on the dark day. Buyers who will not sign an NDA are not ready anyway.

SpicyBroker769 · Answer

That is the plan. We will keep the public listing at city and concept level until a buyer signs an NDA.

SpicyOperator241 · Answer

Give the broker a one pager they can share after NDA: rent, remaining term, last 12 months of sales, and whether the license transfers. That cuts back and forth without posting the name on the internet.

How do you sell a restaurant without telling the staff?

3 Replies

Your answer