Independent restaurants and franchise food businesses across the Lower Mainland, from lease condition to liquor licence transfer.
Restaurant transactions weigh goodwill and location more heavily than most other commercial categories — a strong location with an established customer base can be worth significantly more than the equipment and lease alone.
Franchise purchases add another layer: franchisor approval of the buyer, ongoing royalty and marketing fees, and adherence to brand standards, versus the full operational freedom of an independent.
Key drivers of value in this category
What to verify before you commit
No — liquor licence transfers go through a provincial approval process through the BC Liquor and Cannabis Regulation Branch, and timelines vary.
Franchise purchases require franchisor approval, come with ongoing royalty and marketing fees, and require adherence to brand standards. Independent restaurants offer full operational freedom.
Remaining term, whether the kitchen and hood infrastructure suits your concept, and whether the landlord will approve a change of use.
Generally a multiple of adjusted EBITDA based on verified financials, plus equipment value and any transferable licences. Goodwill and location weigh heavily.
Cash-heavy sales that are hard to verify, declining year-over-year trends, and rent that's a disproportionately high share of revenue.
Depends on zoning, the lease's use clause, and whether a change of use requires landlord or municipal approval — confirm before assuming full flexibility.
Every transaction in this category has its own rhythm and considerations — let's have a direct conversation about yours.