In itself, there is no authorization necessary to buy a restaurant except to have the financial means. However, obtaining the transfer of the commercial as well as obtaining the authorization to operate are subject to specific conditions.

The average is about 4 months. Sometimes, we have carried out transactions within a period of less than 1 month and we have already had to wait almost 12 months to complete a relatively delicate transmission. The acquisition process may be subject to limiting factors (eg the search for financing, obtaining the transfer of the lease, the final financial negotiations). As a result, the preparation, upstream, of a complete file, in particular the preparation of reliable figures, is an essential action in the context of such a process.

According to our practical experience, it is the analysis of the company and compliance with standards (due-diligence).

The goodwill can be acquired either by the purchase of assets (furniture, equipment, right to lease, customers, etc.) or by the purchase of the existing company (purchase of shares for the Sàrl or purchase of shares for the SA).

Buying a business is not without risk. Rather than ignoring them, we must anticipate them in order to manage them. Here is a non-exhaustive list of the most common obstacles: fear of getting started, quality of the files prepared, lack of information, communication.

The main players in a business acquisition project are: a business transfer specialist, trustees, legal and tax advisors, sometimes other stakeholders when there are significant issues in the matter. The transmission specialist plays a key role in guaranteeing the best possible coordination between the various stakeholders and advising the buyer on important decisions occurring during the process: legal advice, contract negotiations between the parties, representation of key figures, etc. /p>