How to Sell a Restaurant?

I was running a small Chinese restaurant in Bangalore. However, after bagging a job it was difficult for me to proceed with my business. As a result, I started thinking about how to sell my restaurant. After going through the process, I learned valuable tips and strategies that made it smoother. Let me share my experiences and insights to help you successfully sell your restaurant and find the right buyer.

How Do You Sell a Restaurant?

I was able to sell my restaurant brokerage free through NoBroker. I was also able to post my shop’s ad for FREE. 

• I visited this

  Rent Post|Sell House|Post Your Property Ads For Free Online - NoBroker

  portal 

• Logged in with my credentials

• Entered the city, clicked on the commercial property option, and the sale button

• Finally, clicked on the “Start posting your Ad for Free” button

• Entered my property details like location, amenities, and so on.

• Uploaded HD photos

• Finally chose my preferred schedule so that I can attend potential buyers or tenants without fail.

• My ad got approved within a few hours. After my ad got approved, buyers started reaching out to me and I sold my restaurant within a month.

However, if you have an urgency of selling out your restaurant, you can opt for the NoBroker Commercial seller plan. This will ensure a super fast closure.

Read More:

My best friend had been looking for ways on how to sell a restaurant last year. He had to move abroad. So, he and I did some digging on the internet and landed on NoBroker. All he had to do was post a free property advertisement for his restaurant. 

However, a restaurant is not sold just by listing it online. There are a few more things to keep in mind. Let me tell you about it.

H

ow to Sell My Restaurant?

It might be difficult to sell a restaurant, especially one that is still operational. But I have a few tips based on the experience of my best friend.

• Pay attention to curb appeal:

Make sure that the restaurant's neatness can impress anyone who passes by before listing it for sale online on NoBroker or before spreading the news of it being up for sale.

• Organise your finances:

Then make sure you formalise your finances at least six to nine months in advance of listing the restaurant for sale and keep meticulous records of every rupee that is received and spent. This is one of the most important things to keep in mind while understanding

how to sell your restaurant.

• Keep the legalities up to snuff:

When examining your restaurant, most potential customers will also be thinking about the condition of the lease, the licences that are needed for the equipment and the property, the liquor licence (if applicable), and the outcomes of recent health inspections. So, make sure they are up-to-date.

• Marketing for the right buyer:

When the time comes to list the restaurant for sale, you can use a listing website like NoBroker. You can

like my best friend did. You will only have to add your details and a few necessary details of the restaurant.

If you have less time and want quick buyers, you can also check out

for end-to-end assistance in your restaurant selling process.

So, if someone comes to you saying ‘I want to sell my restaurant’, you know how to help them.