3 inputs to a first read — results update live.
This Full Service is offered at —x EBITDA and projected — annual revenue from 0 average daily covers at $0 average check. EBITDA margin of — is at the ~12% benchmark for Full Service. Verdict: Material risk flags identified — do not proceed without significant price reduction or structural protections.
Restaurant value is largely tied to the lease. If the landlord won't assign the lease, the business has no location. Verify assignability before LOI.
→ Request lease review before LOI. Confirm right of assignment and landlord consent terms.
License transfers typically take 60–120 days and may require clean criminal/tax records. Some jurisdictions limit transfers or impose quotas.
→ Engage a local liquor license attorney immediately. Verify no pending violations on current license.
Lease terms drive restaurant value. Without knowing remaining term, options, and rent escalations, you cannot underwrite this deal accurately.
→ Request full lease copy before proceeding. Minimum: term, options, base rent, escalations, transfer rights.