Existing Restaurant: Buying An

Verify the validity of books, especially if cash is a large factor in revenue.

Check for outstanding bills, payroll, past litigation, or workers' compensation claims. buying an existing restaurant

Get a printout of outstanding gift cards; you will need compensation for these since you must redeem them. 2. Infrastructure & Assets Verify the validity of books, especially if cash

Request at least 3 years of actual tax returns; do not rely solely on internal profit and loss (P&L) statements. Verify the validity of books