Chuck Hood has a Bachelors Degree from Michigan State University in Hotel and Restaurant Management and has over 20 years of Restaurant Management Experience.
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We Move Restaurants IF YOU ARE A BUYER
HOOD MANAGEMENT GROUP WILL * Exposure to a Number of Opportunities
* Access to Information on the Business
* Lease Review
* Lists - Payroll Records
* Cash Flow Statements
* Profit and Loss Analysis
* Balance Sheets
* Federal and State Tax Returns
* Showing of Restaurant
* Inspection of Faciltiies and Equipment
* Intoduction to the Owner
* Interview about the Business
* Present
OFFER TO PURCHASE to the Seller
* Work with Counsel for Smooth Closing
IF YOU ARE A SELLER
HOOD MANAGEMENT GROUP WILL * Valuate the Business According to Past sales
* Valuate the Business Based on Statistics
* Visit the Restaurant to Appraise the Operation
* Gather Information that Buyer would use
* Compile Equipment Lists
* Prepare - Cash Flow Analysis (P&L Statement)
* Prepare the Contract
OFFER TO PURCHASE * Obtain Escrow Deposit
* Schedule Closing Date
MARKETING YOUR RESTAURANT FOR SALE
CONFIDENTIALITY * Publish the Business - Media & Internet Sites
* Review of Current Buyers for a Possible Match
* Research Buyers Data Bank
QUALIFY BUYERS AS TO
CAPABILITIES * Experience in the Restaurant Business
* Financial Capabilities - Requirements
* Operational Capital
* Credit Worthiness