Finance for award-winning local restaurant

Our client wanted to purchase this multi-award-winning restaurant from the retiring owner.

Our business team assessed the business plans and financials and sourced an offer for the full amount required at very competitive rates.

The Client

The management team of this multi-award-winning local restaurant wanted to purchase the business from the retiring owner. The purchaser, Chris, has worked in the catering industry for sixteen years, ten of which have been at the restaurant.

The Case

The client was engaged with another broker who was unable to source a lender that could provide sufficient funds required for the acquisition. They were recommended to speak with us.

The Solution

Our business team assessed the business plan and financials before packaging the case to a short list of lenders on our panel. We obtained an offer for the full amount required at very competitive rates. We have prior experience working with this particular lender and took a collaborative approach to overcome any potential issues. Chris is now the proud owner of the business and has full control over its future success.