Five Keys to Selecting the Perfect Restaurant to Buy

While choosing which restaurant to buy isn’t quite as simple as choosing what looks best to you on the menu, it doesn’t have to be terribly difficult either. In fact, if you’re already certain that you want to buy a restaurant, choosing the best one for you can be boiled down to five key factors, in order of importance:

Location Menu Staff Reputation FinancialsLocation is the Most Important FactorNo matter how fantastic the food and service is, if a restaurant is not ideally located, it will struggle to succeed. The number of other choices available to customers is simply too great to force them to deal with the inconvenience. 

Some things to consider when judging a prospective restaurant’s location include:

Is it within convenient walking and/or driving distance of a large enough population to easily support it? Does the local population line up with the demographic you’re targeting? (i.e. if you’re trying to open a high-end, fine dining experience, do the local…