Selling your business is a miserable task…
After months of negotiation you’re usually left with a great deal of frustrations, a pile of legal fees and no deal.
If you’re really lucky and your deal closes, your bank balance gets a whole lot bigger… then you get to watch the new owners wreck the business you spent your life building.
After going through it way too many times ourselves, we started Restaurant Acquisition Partners to become the buyer we wish we could have sold to. That means fair, fast, and founder friendly deals.
Our process is rapid, friendly, and simple:
- Respond to your inquiry in 48 hours
- Make an offer within 7 days after receiving current and 2 years prior financials
- Easy 15-day diligence process focused on what matters
- Close the deal in 1 month after 15-day due diligence
- No golden handcuffs — founders can stay or go
- The deal can be completed with no in-person meetings
An overnight success, 12-years in the making.
We didn’t set out to become investors.
We started our business in 2009, and before we knew it, we had hundreds of employees across several operating companies. Along the way, a variety of private equity and venture investors approached us, but it was always a miserable experience.
We asked ourselves why other buyers dragged out deals for months and renegotiated over and over again. It was horrible.
Then we read about how Warren Buffett does billion-dollar deals quickly by keeping the process painless and promising founders to take good care of their businesses.
Nobody had done this for restaurant companies like ours, so we said “screw it” and decided to do it ourselves using Buffett’s simple approach.
We started Restaurant Acquisition Partners to become the buyer we wish we could have sold to.
We thought about all the stuff we hated about dealing with private equity firms and worked backwards. It turns out, they really do make it too complicated and there are tons of founders like us, who wanted a long-term home for their businesses.
Here’s how we do it:
- Speak plainly
We don’t waste time. We speak plainly: no BS, buzzwords, or arcane finance terms.
- Protect culture
We don’t mess with the culture that makes each company unique and successful.
- Make founders proud
Founders entrust us with their companies. We do our best to follow through on their vision.
- No assholes
Life is too short for brilliant jerks, assholes, suck ups, psychopaths, narcissists, and all that stuff…
- Leave people alone to their work
We buy great companies, hire great leaders, and leave them alone to achieve mutually agreed upon goals with little supervision.
