How We Work
If you are a seller or lessor we begin marketing your company, or selling or leasing your property, with a careful search through our database for appropriate buyers and lessees who have contacted us. By systematically applying your specific parameters to our database, we can effectively match your need with qualified buyers and lessees.
We Protect Your Privacy
All buyers who we deal with on your behalf are asked to maintain the confidentiality of the availability of your operating business, and they are required to execute a Confidentiality Agreement before we provide them with any information. We methodically screen all buyers and lessees, and present only qualified and focused prospects to you for consideration.
What is Expected of a Seller
We pay all marketing expenses associated with our interactive website, toll-free number, direct mail, Availability Report, brochures, postcards, computer programming, mainframe and database maintenance, and the operation of our professional brokerage network. A portion of print advertising is the only marketing expense we ask you to help us with, because we have learned that this is a critical component of our effective marketing program. This is included for your review in the Service Fee schedule below.
Service Fee Schedule
Sale of Business and/or Real Estate
- Up to $500,000 Purchase Price - 8%
- Next $500,000 - 6%
-Next $500,000 - 4%
-Remainder of Purchase Price - 2%
Lease of Real Estate
- Monthly Base Rent by Factor of - 2.5%
Optional Advertising Contribution
For $25 per month contribution to our advertising fund, NRB will reduce the Service Fee by 10% AND refund all advertising contributions made at the time your restaurant is sold. No Catches! By helping us advertise, you help us sell your business faster which lowers our operating costs and we pass that savings on to you.