Balance sheet analysis : This involves the evaluation

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If a career change or age is the reason for leaving the restaurant, that is a good sign. Nevertheless, you should be particularly careful here , check everything thoroughly and not rush into any transfer fees or payment agreements. Tip: Always put all agreements regarding the restaurant takeover, compensation, deadlines, etc. in writing. This way you will protect yourself and you will not be so easily ripped off. What do you have to consider when taking over a slovenia phone data restaurant? The checklist You want to take over a restaurant and are wondering: What do I need to consider? Then we have a checklist for you to get started. After you have checked whether the restaurant could be fundamentally suitable for a takeover, you should dig a little deeper to avoid unpleasant surprises. 1. Financial analysis and contracts Ask the current owner to give you all the balance sheets from the last few years, the business accounts (BWA) , calculation assumptions and menus and check everything thoroughly. Once you have gathered all the relevant documents, the actual financial analysis begins. These are the most important steps: Profit and Loss Overview (P&L) : Review the sales development and cost structures of the last few years with regard to stability, seasonal fluctuations and reactions to economic changes.

of assets and liabilities, liquidity, as well as depreciation and investments made. BWA detailed analysis : BWAs provide regular insights into the financial situation and can show how costs are distributed compared to industry standards. Sales-to-cost ratio : Examine how different target groups contribute to sales and evaluate pricing in relation to costs. In which areas can processes be optimized to increase sales? Future forecasting : Based on existing data, make realistic projections for the restaurant's financial future and perform a break-even analysis to find out when it might break even. You need to have a clear overview of the financial obligations you will face and how they will develop in the future. For a comprehensive assessment of the business value, including the inventory and, if applicable, the property, you should have a professional appraisal drawn up. Find out more about the most important key figures for the catering industry in our catering blog. 2. Contracts and legal documents Before you agree to take over a restaurant and pay a transfer fee, you should definitely speak to the landlord. Clarify whether you can take over the rental or lease agreement and whether the previous conditions and terms will remain the same.