Restaurant Sales Group
Helping You Buy or Sell a Restaurant Fast!
Herein known as PROSPECT, acknowledges And agrees that PROSPECT approached RESTAURANT SALES GROUP (BROKER), and that BROKER was the first to advise them of the availability and details concerning the following business and/or real property opportunity:
In the event PROSPECT discloses the availability of said designated opportunities to a third party who purchases a business without BROKER assistance, then PROSPECT, in addition to the remedies specified herein, is also responsible for payment of BROKER'S compensation which would have been paid on the listed selling price or minimum compensation, whichever is greater.
For two years from the date of this Agreement, PROSPECT agrees not to deal directly or indirectly with the Seller’s of the opportunities listed above without the prior written consent of BROKER. If PROSPECT enters into a sale and/or purchase agreement, a management contract or other financial arrangement with a Seller of an opportunity, including a leasing of the business premises from the Seller or its Landlord, PROSPECT shall be liable for any and all damages BROKER may suffer, including but not limited to the Seller’s commission payable on the sales price or minimum commission due under the Listing Agreement with Seller, whichever is greater and, any commission due on the lease agreement negotiated with the Landlord. PROSPECT agrees and does hereby appoint BROKER its attorney in fact to execute all documents necessary to place a lien on the business assets to collect its compensation, and this Agreement shall be the consent to do so as required by Florida Statute 475.42.
This Contract shall be governed by the laws of the state of Florida. Any breach of this Agreement shall result in the prevailing party being entitled to receive from the other party all of its reasonable attorney’s fees, costs, and expenses incurred at both the trial and appellate levels. The parties hereby consent to personal jurisdiction and venue, for any action arising out of a breach or threatened breach of this Agreement in the Circuit Court in and for Dade County, Florida. The parties hereby agree that any controversy which may arise under this Agreement would involve complicated and difficult factual and legal issues. Therefore, any action brought by either party, alone or in combination with others, whether arising out of this Agreement or otherwise, shall be determined by a Judge sitting without a jury.
The Seller is the intended beneficiary of all covenants of Prospect which benefit the Seller, including without limitation the covenants concerning the use of information disclosed to Prospect, and a Seller may bring an action to enforce such covenants. PROSPECT represents and warrants to BROKER that PROSPECT does not represent a third party, governmental agency or competitor of the business, nor is PROSPECT employed by a competitor and the sole purpose for receiving any information regarding a business is to purchase said business. Prospect acknowledges receiving a copy of this Agreement and a facsimile copy with signatures shall be considered as original
We are laser focused!
We sell food & beverage businesses exclusively.
Real Estate Broker License # BK3219019
Real Estate Corporation License # CQ1043940
Auction Business License # AB3614
Auctioneer License # AU4820