Operational Procedures

Review and transfer operational manuals, including SOPs (Standard Operating Procedures) for kitchen, front-of-house, and administrative tasks.

Conduct staff training sessions for the incoming team to familiarize them with existing procedures and workflows.

Ensure that all kitchen equipment, appliances, and tools are in working condition, and provide documentation for maintenance schedules and warranties.

Inventory management: Conduct a thorough inventory check for food, beverages, supplies, and equipment, and update records accordingly.

Legal and Financial Considerations

Review and transfer permits, licenses, and certifications required for operating the restaurant, ensuring compliance with local regulations.

Document all existing contracts and agreements with suppliers, vendors, and service providers, and facilitate the transfer or renegotiation process.

Verify financial records, including income statements, balance sheets, and tax filings, and address any outstanding payments or liabilities.

Transfer ownership of intellectual property rights, such as trademarks, logos, and branding materials, if applicable.

Property and Facilities Management

Inspect the premises for any necessary repairs or maintenance tasks and coordinate with the landlord or property owner to address them.

Transfer utility accounts and services, including electricity, water, gas, internet, and waste management, to the new owner's name.

Provide documentation for property leases or rental agreements and ensure that all terms and conditions are understood by both parties.

Customer Relations and Marketing

Communicate the handover to existing customers through various channels, such as email newsletters, social media, and signage within the restaurant.

Transfer customer databases and loyalty program information, ensuring that customer privacy and data protection regulations are followed.

Collaborate with the new owner to develop a transition plan for marketing strategies, promotions, and advertising campaigns.

Miscellaneous

Arrange for a final walkthrough of the premises with both parties to address any remaining questions or concerns.

Provide contact information for key personnel involved in the handover process, including managers, suppliers, and support services.

Document the handover process, including agreements, checklists, and correspondence, for future reference and legal purposes.