Sacramento Garden To Grill Shutters After Being Sold
After five years in midtown Sacramento, the vegetarian/vegan restaurant Garden to Grill announced it will shut down in early December.
The owners posted on Facebook that the restaurant will close on December 11. A different business will quickly be in that spot by the middle of December, although there are currently no additional details about the new business. The Facebook post said that the owners of Garden to Grill received “a sudden notice for a buyer of the location and they want to occupy December 14th.” However, the building owner said that the building itself has not been sold, but rather that Garden to Grill had been sold. The restaurant owners plan to find a new location to relaunch, which seems justified given that the business did more than $700,000 in revenue annually—evidence of a solid market for their fare.
Garden to Grill’s owners said they were open to taking on investors or a partner to with sufficient capital to open “a more modern better equipped location.”
Garden to Grill – every sausage has 2 ends
The experience of Garden to Grill shows that you never know when opportunity will come knocking. The surprising news of a very successful restaurant closing with plans to reopen may mean that a buyer wanted that location desperately… and they offered a price that the owners couldn’t ignore.
As a business owner, you need to be ready for that kind of knock on your door. You need to keep running a successful business, so an experienced broker can help free up time for you to do just that, along with maintain secrecy about the sale and getting you the highest price.
Sacramento’s finest business broker will guide you
Above all, selling a business is time-consuming and can be a very stressful venture. While having a “hot” location like Garden to Grill may make the process easier, it won’t reduce all of the transaction preparation, like the documentation required, the meetings, and the amount of diligence needed to make the deal work.
If you are selling an existing business in Rio Lindo or Carmichael, you can alleviate some stress and energy by working with an experienced Sacramento business broker. Andrew Rogerson is a business expert and has negotiated hundreds of business sales in cities throughout the Sacramento Region. He helpes sell businesses in Citrus Heights, Rancho Cordova, Folsom, Elk Grove, Roseville, Rocklin, Davis, El Dorado Hills, Cameron Park, and throughout the region.
Andrew will help you determine the best time to sell, obtaining an independent business valuation, gathering your financial statements, and preparing contracts and documentation.
Spend some time speaking with professional business broker Andrew Rogerson. He knows about business transactions in the Sacramento area. Please visit our website Services. You can also get in contact with Andrew via email or call him at (916) 570-2674.