Taking over a restaurant in Switzerland: what to check

A place can inspire you to start a new chapter. To turn that feeling into a sound project, understand exactly what is for sale, what you will need to finance and the conditions for running the business.

1. Define what you are buying

Are you acquiring business assets, shares in a company or the premises? The scope changes the risks, contracts and financing. Set out in writing which equipment, stock, trading name, internet domains and other assets are included. If you are buying a company, also have its history, debts and commitments examined.

2. Check permits before setting a date

The process depends on the canton and type of establishment. Check the licence, required qualifications, opening hours, terrace permissions and any outstanding compliance work.

In Vaud, a complete licence application in the new operator’s name must be submitted at least 30 days before the takeover; operations can only start once the licence is issued. Consult the official Vaud procedure, in French and the authority in the relevant canton.

3. Read the lease and meet the team

Examine the remaining term, renewal options, rent, service charges, guarantees and responsibility for repairs. Clarify the transfer conditions with the landlord before committing.

Ask for employment contracts, outstanding holiday balances, overtime records and social insurance information. Have the obligations involved in transferring employees checked and identify the people essential to keeping the business running.

4. Understand the figures and cash requirements

Compare several financial years, seasonality, margins, payroll and planned investment. Separate recurring results from exceptional expenses and allow realistic pay for your own work.

Your budget also includes stock, the rental deposit, professional fees, improvements and cash for the first few months. Our financing guide helps you build a complete picture.

5. Organise checks and the handover

Gather accounts, contracts, inventories, permits and inspection reports in a structured file. Set a timetable for the review, required approvals, signing and handover. The SECO SME portal’s explanation of due diligence, in German provides a framework for the analysis.

Create an acquisition project in your Avidia account: keep your questions, next visit and next action date together. Your notes remain private.