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Old 11-19-2009, 08:45 AM   #1
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Default Restaurant for sale...

Where would you advertise for trying to sell a restaurant? The owner doesn't want to do any local advertising, because then he'd lose all of his employees. Are there any restaurant trade magazines that do that kind of advertising? I tried googling for some, but didn't come up with any options.

Thanks for any advice!
AJ
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Old 11-19-2009, 08:49 AM   #2
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Default Re: Restaurant for sale...

Uhmm can you advertise with Google adds? I don't know how it worked for you or your client...

What kind of publicity does your client want?

If it is online you could try with simple adds may be.

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Old 11-19-2009, 09:01 AM   #3
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Default Re: Restaurant for sale...

I sold one of my restaurants in Denver in 1984 by placing a 3 line ad in the Rocky Mountain News with a voice mail number that had a 3 minute message that gave callers just enough info to get them to leave me their info. I wasn't going to pay 15% to a business broker. Sold it for $80,000 (my asking price) with $20,000 down in 27 days!

Test a blind ad on Craigslist... hell of a lot cheaper to test there!
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Old 11-19-2009, 09:08 AM   #4
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Default Re: Restaurant for sale...

Thanks for the ideas - I may have to try Craigslist. It's a large chain restaurant, so the asking price is....pricey. That's why I wondered if there was a trade magazine specifically for restaurant owners. Craigslist may bring a bunch of tire kickers?
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Old 11-19-2009, 09:29 AM   #5
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Default Re: Restaurant for sale...

there are magazines specifically for selling businesses of all types. most real-estate magazines have commercial sections

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