Industry Insights

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Industry Insights

Plainspoken analysis of the forces shaping food, beverage, hospitality, construction, technology, and the businesses that connect them.

FEATURED INSIGHT

Restaurant construction and build-out
Restaurant build-out and construction

Lazy or Liars? Why Agents, Brokers, and Sellers Need to Stop Calling Texas Businesses “Turnkey”

Understanding the process of buying a bar or restaurant in Texas — and why “turnkey” simply doesn’t exist.

A business can be operating today and still require new permits, inspections, tax security, construction corrections, or regulatory approvals when ownership changes. Here’s what buyers need to understand before somebody sells them the word “turnkey.”