The United States of America Has Over 945,000 Restaurants With Sales Reaching $566 Billion Dollars in 2008
Saturday, August 29th, 2009Los Angeles, CA – Everyone has to eat and if opening a restaurant has been a life’s dream then acquiring information about the industry to make an intelligent decision before jumping in with both sauce pans would be a good idea.
According to the National Restaurant Association the forecast for industry sales is expected to advance to 2.5% in 2009 which would equal to about 4% of the country’s gross domestic product. That’s a lot of food being served and even more money to be made. The NRA also states that the overall impact that restaurants have on the economy could exceed $1.5 trillion this year alone.
In addition to the lucrative nature of the food industry is the domino effect it has on the community where it resides. For every additional million dollars restaurant sales generate an additional 33 jobs are opened. Every time there is a restaurant business for sale it means jobs for the unemployed, money that’s spent within the community and more people becoming productive members of society. That is a stimulus business plan anyone can relate to.
Considering that approximately half of all adults in the U.S. have worked in the restaurant industry, at one point in their lives, the embarkation of becoming a part of this industry should be treated with respect. To enter into a profession that encompasses not just a need for business sense, managerial experience and an appreciation for the ripple effect opening such an establishment infers, means the responsible thing to do is to find expert assistance so as to ensure it’s success.
Specialist in the restaurant, bar and night club for sale in the real estate industry like Alpert/Siegel & Associates, can be a tremendous asset in the search for the perfect type of eating establishment that fits that entrepreneurs’ spirit, passion and business experience. Alpert/Siegel & Associates are brokers that match owners with tenants, acquire locations as well as help with the acquisition of a property whether it’s a California bar sale, a restaurant, a hamburger joint, franchise eating establishment and more..
Not every real estate agent has the experience in handling a restaurant business for sale or other types of food industry properties which is why it is so important to find a broker that provides a high level of professionalism in addition to a vast accumulation of knowledge in this particular market. There is special information that relates to this industry that isn’t the run of the mill type of homestead brokerage.
Whether the desire is to own a large scale gourmet restaurant or a simple café, finding the right broker to put the deal together is the first step.
As Alpert/Siegel & Associates put it – “Purchasing a restaurant can be a complex affair not only during the initial start-up stage but also throughout the entire process of its operation. The essential ins and outs of a bar and night club for sale or a restaurant business for sale like site selection, analysis of demographics, restaurant for lease and sale negotiations, choosing contractors, subcontractors, architects, and designers, acquiring a liquor license, and dealing with governmental agencies is something best left to those with the experience and knowledge to get the job done right.”
No matter if the search is for a California bar sale, a restaurant business for sale in San Francisco or a local café the first decision to consider is who will be the broker. Make sure you have the right company when looking for information about the food industry in general or specifically about the restaurant business. For sale purchases or lease and franchise opportunities, contact the experts at Alpert/Siegel & Associates at www.e-restaurantbroker.com.