Most retail shops sell for 2x to 4x their annual SDE (Seller’s Discretionary Earnings).

Confirm the landlord is willing to transfer the lease and check for upcoming rent hikes.

Never take a seller’s word at face value. You need to "look under the hood" of the financial and legal structure.

Determining the price is often a mix of science and negotiation.

Check if there are documented processes for staff training, opening/closing, and vendor ordering. Phase 3: Valuation and the Deal

Aim for the seller to carry 20–30% of the note; it ensures they stay incentivized for a smooth handoff. Phase 4: The Handover

Re-establish credit terms and introduce yourself to key suppliers immediately.