Mastering Restaurant Exits: Robin Gagnon's We Sell Restaurants Story

The Exit - Presented By Flippa

Technology

5 • 2K Ratings

🗓️ 11 November 2024

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Want a quick estimate of how much your business is worth? With our free valuation calculator, answer a few questions about your business and you’ll get an immediate estimate of the value of your business. You might be surprised by how much you can get for it: https://flippa.com/exit -- In this episode of The Exit: Robin Gagnon, co-founder and CEO of We Sell Restaurants, takes us through her 21-year journey helping restaurant owners navigate exits. Her company has grown to become the largest restaurant brokerage firm in the nation, operating in 45 states with over 1,000 listings valued at approximately $450 million. Robin emphasizes the importance of proper financial documentation and presentation when preparing for a sale, explains how franchise restaurants typically trade at higher multiples than independent restaurants, and discusses the benefits of selling individual locations versus grouping them together. She advises owners to start the exit process early, obtaining independent third-party valuations, and maintaining good relationships with franchisors during transitions. For more details and insights from her entrepreneurial journey, listen to the latest episode of The Exit. -- Robin Gagnon is the Co-Founder and CEO of We Sell Restaurants, a brand that has carved an unparalleled niche in the industry as the nation's leading and only business broker franchise focused on restaurants. Under Robin’s leadership, We Sell Restaurants has grown to 45 states where it dominates the restaurant for sale marketplace and franchise resales, delivering on the founder’s vision to sell more restaurants than anyone else. Robin is a member of the IFA (International Franchise Association) Board of Directors Vice Chair of the Franchisor Forum and Past Chair of the Women’s Franchise Committee. Website - https://www.wesellrestaurants.com/ LinkedIn - https://www.linkedin.com/in/robingagnonrestaurantbroker Check Out Flippa’s Data Insights Tool: https://flippa.com/data-insights -- The Exit—Presented By Flippa: A 30-minute podcast featuring expert entrepreneurs who have been there and done it. The Exit talks to operators who have bought and sold a business. You’ll learn how they did it, why they did it, and get exposure to the world of exits, a world occupied by a small few, but accessible to many. To listen to the podcast or get daily listing updates, click on flippa.com/the-exit-podcast/

Transcript

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0:00.0	Before we get into the exit today, I want to talk about the certified M&A advisors that are on
0:05.7	Flippa. If you are an operator right now running a business and you're thinking about exiting,
0:10.8	you are going to want to get a free online business valuation on the exit landing page.
0:16.7	Without a doubt, it is the smartest thing you can do to start a process and get yourself organized.
0:23.0	So you're going to go to the URL, flippa.com, slash exit, to check out more, and let's jump into
0:28.1	the interview.
0:29.3	Below and welcome to the exit presented by Flipa, the number one platform to buy and sell online
0:34.2	businesses.
0:35.2	Flipa manages over a billion in deal value annually and combines
0:39.5	expert buy and sell side advisory with its market leading valuation tool, deal room,
0:43.9	off market offering, market insights, an AI-based deal-by-deal matching engine. Now for the exit.
0:50.9	The exit is a 30-minute podcast featuring awesome entrepreneurs who have been there and
0:54.7	they have done it. The exit talks to operators who have bought and sold businesses of all
0:59.4	different sizes. You learn how they did it, why they did it, and get exposure to the world of exits.
1:04.7	It's a world occupied by a small few, but accessible to many. On this episode of the exit,
1:10.0	I sit down with Robin Gagnon.
1:12.4	She's a fantastic entrepreneur and the CEO and founder at We Sell Restaurants.
1:19.4	Not only is she an awesome entrepreneur herself, but she helps restaurants everywhere go through
1:26.2	the exit process.
1:29.3	This is a really important episode, not only because Robin is helping entrepreneurs all over sell restaurants, which are a very
1:35.9	unique asset class to get involved in, but she does a good job of educating people on the
1:42.4	entire process from end to end and really just how to maximize
	...

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