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R201 Restaurant Industry Overview
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Added:02/25/2020 10:58 AM

IBBA Course #201R is for experienced general business brokers who want to learn more about brokering restaurants for sale. This course will equip you with an understanding of the restaurant market and the types of restaurants that exist; how much it costs to open and operate a restaurant, and attributes specific to restaurants that are important to know; the different service opportunities that exist for business brokers; and the ways brokering a restaurant is different from other types of businesses.

Developed by more than 4 leading industry experts, this course provides the most comprehensive introduction available to this niche industry segment for business brokers.

While there are no required prerequisites for this course, the content assumes that students have several years of active general business brokerage experience.
Credits awarded per Session. See individual Sessions for further details.
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$225.00
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About this item

IBBA Course #201R is for experienced general business brokers who want to learn more about brokering restaurants for sale.  This course will equip you with an understanding of the restaurant market and the types of restaurants that exist; how much it costs to open and operate a restaurant, and attributes specific to restaurants that are important to know; the different service opportunities that exist for business brokers; and the ways brokering a restaurant is different from other types of businesses.
 
Developed by more than 4 leading industry experts, this course provides the most comprehensive introduction available to this niche industry segment for business brokers. 
 
While there are no required prerequisites for this course, the content assumes that students have several years of active general business brokerage experience.

Course/Activity Information

When you complete this course, you should be able to:

  • Learn about the different trends in restaurant sales.
  • Learn and understand the restaurant industry, including the category of restaurants, the industry profile, and market segmentation.
  • Understand the various trends in the restaurant industry.
  • Learn the types of various competitors that a restaurant business broker would face.
  • Understand the reasons why restaurants fail.
  • Know the importantance of location, which will help you confidently guide your client in picking a location that is right for them.
  • Understand the legal aspects specific to the restaurant industry.
  • Know what the buyer is buying when purchasing a restaurant and understand the costs to open and operate a business.
  • Understand sell side and buy side opportunities that exist for business brokers in the restaurant segment.
  • Learn the seller, buyer and business characteristics that may present challenges during a restaurant transaction.
  • Understand buyer and seller representation as it relates to the restaurant industry.

Other information

  • Training Hours: 4.00
  • Additional Charges May Apply

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