Christos Giannes

Hospitality Expertise | Business Brokerage

With over 45 years immersed in the restaurant industry—from operations and management to culinary and financial oversight—I've gained an intimate understanding of hospitality's unique challenges and opportunities.

I am now leveraging this deep industry knowledge and pivoting to Business Brokerage, exclusively focused on the restaurant and hospitality sectors.

I offer a complete spectrum of brokerage services, meticulously representing all aspects of the transaction. Whether you are buying your first establishment, expanding, or strategically selling your business, my goal is to ensure a seamless and successful transition.

Let's turn your hospitality goals into reality!

1. Introduction to the Hospitality Group Industry 

The Hospitality Industry is a vast service sector focused on providing customer experiences and includes four primary segments: Food & Beverage (restaurants, bars), Lodging (hotels, resorts), Travel & Tourism, and Recreation/Entertainment.

A Hospitality Group is a centralized management company that owns and operates multiple businesses across one or more of these segments. The core purpose of a group is to gain operational efficiencies, purchasing power, and marketing strength through unified management, allowing for growth across diverse brands and concepts.

2. Professional Background and Transition 

Christos! journey represents a powerful transition from a deep operational history into a specialized advisory role.

 * Operational Foundation (45+ Years): His extensive background covers owning, cooking, and operating a variety of restaurants. This is the single greatest asset a restaurant broker can possess, providing a firsthand, visceral understanding of the client's business.

   * Expertise Gained: This experience gave Christos mastery of operational P&L (profit and loss), labor costs, kitchen flow, vendor management, licensing (food, liquor), lease challenges, and customer acquisition/retention—the very factors that determine a restaurant’s true value and salability.

 * Present Field: Commercial Real Estate (CRE) Restaurant Brokerage: Christos has evolved into the specialized niche of CRE focused on the sale, acquisition, and leasing of food and beverage businesses.

   * Value Proposition: He don't just sell real estate; he provides insider consulting. He can assess a deal not only on square footage and location but on its operational viability and the realistic hurdles (or opportunities) an operator will face.

3. Key Tasks in Restaurant Brokerage (Buyer & Seller) 

As a specialist, Christos' tasks are fundamentally more complex than general commercial brokerage, requiring him to manage both a business sale and a property/lease transaction simultaneously.

For the Seller's Agent (Listing)

| Operational Valuation | Accurately valuing the going concern business

| (including goodwill, FF&E, and cash flow) beyond simple property

| comps, leveraging your operational experience to adjust for owner's

| salary, benefits, and true profit. | Confidential Marketing |

| Implementing discreet marketing strategies to attract qualified buyers

| without alarming staff, vendors, or customers, thereby protecting the

| business's value during the sale process. | Financial Documentation |

| Preparing and organizing detailed financials (P&L, tax returns,

| balance sheets) and coaching the seller on how to transition their

| record-keeping for the due diligence phase. 

 

For the Buyer's Agent (Acquisition)

| Site Feasibility & Due Diligence | Going beyond demographics to assess

| the viability of a location based on kitchen capacity, existing

| build-out, utility service (gas, electric), and required capital

| expenditure (CapEx)—knowledge gained from operating a restaurant

| yourself. | Lease Negotiation & Assignment | This is the most critical

| step. Negotiating the transfer of an existing lease (Assignment) or

| securing a new one, focusing on personal guarantees, acceptable use

| clauses, rent escalations, and the assignment language for future sale

| flexibility. | Licensing & Permitting | Guiding the buyer through the

| complex process of obtaining and transferring specialized permits,

| particularly the liquor license, which can be the most time-consuming

| contingency of a deal. |