Closing isn’t as easy as shutting out the lights and closing the doors. There are calls to make, to notify sponsors, to address utilities and resources, and to keep workers updated and safe. Since this is a troublesome choice to make, numerous proprietors will naturally feel overpowered by the consequences, emotions and a number of tasks related to this choice.
Even a top-notch café with a sub-par closure checklist and a framework can quickly spiral out of control.
Learn what makes closing such a basic segment of your café’s association and how closing tasks become simpler to manage with the Restaurant Closing Checklist.
Further in this blog you will also get to know how you can make money while closing restaurant by listing your restaurants for sale or advertising your restaurant for rent.
Here are 5 important things you must keep in mind before closing a restaurant:
Inform your Team & Investors
The number one thing you need to do is sit down with your whole staff, let them know precisely what’s happening. You need to be transparent; you need to be clear, and you should be brief with telling them that they will be laid off for a while.
Regardless of whether they’ve been anticipating that you will close the bar or restaurant, listening to it out loud, and realizing that it’s going to happen, they’ll probably still be surprised and scared. That’s why you need to plan what you’re going to say, expect emotions and questions, and be transparent.
Even if you are going to list your restaurant for rent you should consider telling your employees so that if they want, they can try apply for joining the coming business without facing problem of looking for work somewhere else.
Also, you need to be transparent with your investors too, whether you are planning to put your restaurants for sale or put your restaurant on lease.
Also, your providers and suppliers must know whatever decision you are taking. If you’re clear that you will not be accepting any orders further, not only you need to contact your food, beverage and service providers and enter into a deferral agreement, but you also need to let them know that you will not be availing their services further.
Think of every supplier and provider you work with. Make a rundown and connect with them. Run over all the bills and make sure you contact every investor before you advertise your restaurant for sale.
If you are unable to clear off your bills then you can also put your restaurant for lease or you can list your restaurant for sale which can generate good amount of money and help you clear off your bills.
Plan the Ending
This progression, on the off chance, if you let it, can be entertaining. It’s a kind of like opening a restaurant! Create a large calendar and put it on your wall and start numbering the dates. Start by setting the date that you will be shut and afterwards work in reverse. It’s probably best to set this date a few months out, as there’s a great deal of work to do before closing and you need the money. Then again, on the off chance if you’ve just come up short on cash, do it by a date that’s humanly as early as possible, which also helps you to continue to compensate for your staff and suppliers. Or you can put your restaurant for sale and get decent amount of money which can help you compensate your staff and suppliers & if you are putting your restaurant on lease then you can try to get your present employees hired by the upcoming business so that they have their jobs secured.
Money Handling
Money should also be dealt with cautiously inside the restaurant. Your restaurant closing checklist will require the payment of the credit card machines and the arrangement of any deposits to be accessed on the following day. If your restaurant is in the field of casual or quick-service and therefore uses the registers, close and count all the registers with the employee and the manager. The accountant maintains that the amount of money counted from the existing accounts are balanced. If this is not balanced, the manager should make a note, and the checklist can provide information on who has been assigned to work in the registers so that you can reconcile the issue.
Inventory Checking
It is also essential to include the inventory check in the restaurant closing checklist. The closing manager should make a note in the checklist for vendor orders. With the checklist, it is easy to discuss adequately between staff individuals and get the most exact required order from the vendors. When checking the inventory, the employee should also guarantee that all things that are appropriately refrigerated or frozen as required. They should also check to confirm that all refrigerators and freezers are tightly sealed.
And if there is anything which is not anymore required you can add such things up to the next coming business if you sell or lease your restaurant, which eventually will help you earn decent amount and also save it from getting wasted.
Clean it Up
Another significant errand is cleaning. This is important, in addition to other things, mop the floors, wash the garbage cans, vacuum and clean all the tables, vacuum and restore all the dishes to their correct location, and ensure that the toilets are washed and refurbished. Both front and back cleaning jobs are also essential to completion, because the neatness of one side determines the comfort and happiness of the consumer, while the hygiene on the other side determines the safety of the customer. However, it is helpful to batch related tasks with the same employee, so you do not needlessly waste your staff time moving between locations.
In the kitchen, ensure that the dishwashing area is completely cleaned and sanitized, as lingering bacteria may quickly become a concern. Both prep stations should also be cleaned out and sanitized for the same purpose.
On the front side, the items needed by the customer should be cleaned or refilled. That involves the tables, the dirtiest areas in the kitchen. Condiment bottles, napkin holders, and salt shakers should all be wiped off and refilled as needed before returning overnight to their place of residence. The floors should also be mopped and swept to protect from any unsightly build-up of waste in the dining area.
Even Closing Your Restaurant Business Can Make Money!
Now that you have read the above points then certainly you are considering shutting your restaurant, however there is a better option to this which will make you a decent measure of money.
Why close your restaurant and not simply sell it or lease it?
Shutting your restaurant won’t give you anything. However, selling or leasing your existing restaurant business can generate a decent amount of money.
And selling restaurants isn’t like every other industry. When you are looking to sell, you deserve a specialist; someone who is intimate with the industry and prepared to explain the details of your business to the buyer with clarity.
In platforms like broki.in you will be having an option to list your restaurant for rent or you can even opt for advertising your restaurant for sale.
For Example: If I as a client is looking for a restaurants for sale near me will be easily able to find your property if your restaurant is listed on broki.in.
If you are interested to lease or sell your restaurant, reach out to us @broki.in, we will list your business with us and can assist you in connecting with the genuine buyers.
Wrapping Up!
Proper closing processes operated by effective structures mean that the restaurant is prepared and ready to provide mess free workplace for the next coming business. When your workspace is not properly cleaned, your things are not returned to their correct place and all the legal procedures & formalities are not completed, the next coming business may not be productive. Legal procedures and formalities left uncompleted can cause trouble for both the parties. Stop this with a tidy, clear program structure that you can trust to optimize these checklists, and you never need to stress.
If you have any questions or if you need any expert advice, feel free to have a consulting call with us.