Advice for Buying a Restaurant and Selling a Restaurant

Top 10 January 2018 Restaurants for Sale

Posted by Robin Gagnon on Feb 16, 2018 1:54:56 PM

We started out the new year with lots of traffic coming through the We Sell Restaurants website. Wondering what the top listings were in January? Pizza restaurants for sale and restaurant spaces for lease were the most popular - three of the top 10 listings were pizza businesses and another three were lease spaces. Have you had your eye on any of these listings? If so, you're clearly not the only one. Don't miss out - contact the Restaurant Brokers and get those offers in on these great restaurants for sale today! Read on for the 10 most popular restaurants for sale in January 2018.

Buyers Are Gung-Ho About Pizza Restaurants for Sale1-4319039364400.jpg

The most popular listing in January was this pizza restaurant for sale in a highly desirable Miami-Dade County zip code. The new owner can keep the current concept or bring their own. This business is currently serving pizza along with ice cold beer and wine! This business is surrounded by new condominium developments. Did we mention sales are over $1 million annually?

Everyone knows and loves Little Caesars, and this Little Caesars franchise for sale in Wisconsin got a lot of love in January! Little Caesars is the third-largest pizza chain in the United States, and here is your chance to take over this location and roll in the dough. You can't beat it - this take-out only concept mean no dining room and no delivery! Top line sales of almost $550,000 delivers the current owner almost $90,000!

Restaurant Space for Lease Listings Were Definitely Not the Least of Buyers Concerns

This restaurant space for lease is located in Broward County and it's a proven winner. You can't beat this infrastructure that was recently renovated by the landlord - that's mean more money stays in your wallet because most of the work is done for you! This has been brought to code and it's just waiting for a new owner to bring their own concept - any will work! The landlord of this restaurant space for lease is eager to have a new tenant and is open to any and all offers.space.jpeg

The second most popular restaurant space for lease listing in January is located in Roswell, Georgia. If you're looking for something that already has infrastructure in place, this lease space in booming North Fulton County has it all. This area is highly affluent and doesn't shut down when the sun goes down - nightlife is just as popular as daylight hours. This landlord is motivated to sell and is willing to offer tenant improvement assistance to qualified tenants.

The final most popular restaurant space for lease listing for January is located in Duluth, Georgia. This space features a fantastic build out inside a 2,800 square foot building. Bring your concept to this restaurant space for lease and get ready to accommodate up to 125 guests inside! You won't have to worry about where your business will come from as this is located in a nearly 100,000 shopping center anchored by a Publix. This was a former pizza restaurant, and the landlord will offer money for improvements for the right candidate!

Listings for Less Than $100,000 Were Attention Grabbers

This franchise for sale is in the fast-casual sector in booming Kennesaw, Georgia. This one is fully-equipped and ready to go with an outstanding lease rate! This franchise for sale will qualify for an E2 Visa as well as SBA lending. This business is generating sales of almost $200,000 and is on the market for only $35,000!

This restaurant for sale garnered tons of attention last month, and rightfully so. The popularity was partly the result of the massive nearly $200,000 price reduction, and also because this restaurant for sale also includes a food truck in the sale! Keep the current concept or bring your own, don't worry the full commercial kitchen can support whatever you choose. You will save hundreds and thousands of dollars because the build out is already done for you! Bring your offers, this one is on the market for just $99,999.

Hey Coloradoans! This great little sandwich restaurant for sale located in Littleton includes all of the equipment. This is another one where you can keep the current concept or bring your own! Rent is just $2,375/month. Buy this and you're getting a great turnkey location that has a seasoned staff to make the transfer a breeze!

Last but Certainly Not Leastgelato.jpg

Check out the numbers this ice cream shop for sale that specializes in gelato is generating - not surprising considering its location. Sales are over $300,000 and the owner is taking home $117,000! Buy this business and you'll stay busy keeping those Floridians cool in the Sunshine State all year long. The sale includes an ice cream maker and pasteurizer that are the finest you can buy!

Rounding out the January Top 10 is this cafe for sale has excellent books and records and has been open and operating for nearly 14 years. Limited hours and an incredible owner benefit of over $280,000 annually makes this the perfect business for a retiree! This cafe for sale is doing almost $1.4 million!

What are you waiting for? These listings are hot and are garnering lots of attention! Don't delay, bring theRestaurant Brokers your offers today! do you have a restaurant you would like to sell? Give us a call at 404-800-6700 and let's talk about what we can do for you!

Restaurants for Sale

Topics: buying a restaurant, selling a restaurant

The Restaurant Brokers Report on Restaurant Deals for Valentine's Day 

Posted by Robin Gagnon on Feb 14, 2018 6:22:02 AM

Valentine's DayDining Deals.jpg

The most romantic day of the year is upon us. Many people plan for this day weeks in advance – roses are ordered in intricate color combinations, dinner reservations are made at the most exquisite of restaurants, and hotel accommodations at four-star hotels are confirmed. For the rest of us, it’s Valentine's Day and thanks to a radio discussion you heard on this morning’s commute, you have been reminded that you have not planned a single thing for you and your significant other.  To add insult to injury, you’re still recovering from Christmas, which means you must be Romeo on a budget. Fear not, hopeless (NOT helpless) romantic, the Restaurant Brokers have the scoop on restaurants where you can enjoy some serious discounts on Valentine’s Day.

 

Head on over to your local Romano’s Macaroni Grill to take advantage of their specials for two. For only $45, you and your sweetie can nosh on your choice of an appetizer, two entrees and a dessert to share. Romano’s isn’t skimping on their selections, either. There are numerous combos for you to choose from, but if it were up to us we would start with the Goat Cheese Peppadew Peppers, followed by a main dish of Grilled Salmon and Orzo, topped off with a slice of delicious Homemade Chocolate Cake. Couples will also have the option to purchase one of 12 select bottles of wine priced at only $25 per bottle – our fluttering eyes are focused on the Chloe Pinot Grigio. For $70 plus a tip you will be set until next February 14th with this Italian rendezvous.

Valentine’s Day can be a real bummer for the countless number of singles out there, but Firehouse Subs doesn’t want it to be. Head into your local Firehouse Subs on Valentine’s Day and grab one of their delicious hand-crafted subs, and enjoy a free dessert on the house. Choices include a delicious cookie or a brownie. Firehouse Subs wants you to enjoy a sweet treat so much this Valentine’s Day that they aren’t even requiring you to purchase anything to enjoy your free sweet treat – just snap a picture of their online coupon found here and head on in. If you ARE in a relationship and want to give your partner a great gift this year, considering buying them a Firehouse Subs franchise for sale! We have enough for everyone, and they can be found here.

If you ask the Restaurant Brokers, pizza is appropriate for any holiday, and Valentine’s Day is no exception. Hungry Howie’s agrees, which is why they are serving up piping hot heart-shaped personal pizzas for just $6.99. Toss in a toasty side of Three Cheese Howie Bread for just $6 and you and your darling have a great little meal for two. Again, if you want to go all out and be declared the Winner of Valentine’s Day 2018, you can surprise your date with a Hungry Howie’s franchise for sale of their own for dessert. Check out our franchise for sale listings here.

After you indulge in one of these decadent dinner delights (say that five times fast!), head on over to your local Dairy Queen for dessert. Just in time for Valentine’s Day they have collaborated with chocolate gods Ghirardelli to bring the masses two delicious treats: Dipped Strawberry Blizzard and Dipped Strawberry Cupid Cake. The blizzard is perfect for you to share with your mate, and the cake is perfect to take home after you’ve dined on a great meal. Did we mention the cake will last a few days, so you can be reminded of what a great decision you made each and every time you open the fridge!

There you have it – some awesome options for you and your babe to enjoy for the Valentine’s Day holiday. If you’re looking for a restaurant for sale during this holiday or any time of the year, the Restaurant Brokers have the most restaurant for sale listings. Click the link below to be taken to our restaurants for sale. You’ll fall in love with our listings and become a restaurant owner in no time! Happy Valentine’s Day!

Restaurants for Sale

Topics: buying a rstaurant

Restaurant Broker Dave Duce Sells Neighbor's Kitchen

Posted by Robin Gagnon on Feb 4, 2018 10:01:43 AM

One of the first restaurant for sale transactions closed in the New Year by We Sell Restaurants was in Austin Texas. Neighbor’s Kitchen, a full service iconic store in a gorgeous landmark location is now under new ownership. The buyer, Thomas Dickey is an Austin native excited to acquire this full service iconic store featuring both multiple patios and live music.

The Neighbor’s Kitchen has a huge physical plant, with a series of decks and extensive grounds going down to a river. It is in the lifeblood of an historic town, a fast-growing bedroom community of Austin that is the tenth fastest-growing city in Texas. All of these were reasons for this restaurant buyer to make a decision to buy the restaurant which was on the market and viewed by a number of buyers.

The sellers were a partnership and were ready for a new opportunity. Their highly successful business was operated on an absentee basis and delivering a strong return. The live music scene in Austin Texas is booming and this location brings in local and regional bands to play on two different stages.

The river setting, live music, and good food were all part of the reasons this location offered by Certified Restaurant Broker Dave Duce was a hot listing.  Online reviews for the business number in the hundreds. Their online fans say,

“Great food! Friendly staff! Great atmosphere! Unique and one of a kind place. Love the options for live music and the local and national talent they bring in.”

“Great location and setting. Super friendly staff and delicious food. My second time coming here and my family and friends all love it too.”

“Love it. Love the atmosphere (apparently it's a rather ancient--for the Americas--building, one o

f several moved to this area) and the food doesn't disappoint. I love IPAs and they've got two (though I need to call Bell's about their Two-hearted...I just don't know if that's an IPA...), including Stash, and a handful of other craft and local beers. Plus the usual suspects. Great, friendly staff and nice indoor and outdoor seating options. Over the years I've watched football here and brought the family, met with friends and just hung out solo chatting with strangers. It's good for all of that. :)”

With these types of reviews, it’s no wonder the buyer plans to keep the concept the same. He will be hands on in the business and looks forward to interacting with customers.

For information on selling your restaurant, click the image below.

New Call-to-action

 

Topics: buying a restaurant, selling a restaurant

So You’re Interested in Buying a Restaurant? The Restaurant Brokers Share Their Knowledge.

Posted by Robin Gagnon on Feb 1, 2018 4:01:02 PM

First are foremost, the first thing we tell individuals interested in buying a restaurant is that you must have knowledge of the industry and a good database of restaurants for sale. The Restaurant Brokers share with you how to tackle both.

2-1661.jpgA multitude of Americans interested in entrepreneurism and the explosion of food connoisseurs over the past few years has created a blizzard of demand for people interested in buying a restaurant all across the United States. Where are these buyers turning to when the time comes for buying a restaurant? They are more interested in buying a restaurant that is already established and operating as opposed to tackling the huge expense and time consuming project of doing a complete build out. Did you know that six out of 10 startup restaurants are closed before they even enter their fourth year of business? What about the endless amount of restaurants that never ever get to open because all of the resources were used up building out.

Like with most things, instant accomplishment and prosperity doesn’t exist in this industry, and it will be no different for you when buying a restaurant. However, when you consider buying a restaurant that already exists, you will have leverage over starting the whole thing from the ground up. Buying a restaurant that already exists will put you on the fast track to success, as you will be coming into a business that already has clientele and is making money.

Buying a restaurant that is already operating gives you domination over the cost to start up. The main reason most restaurants fail is due to lack of money, plain and simple. Money goes quickly when the restaurant industry pro tries to turn into a general contractor just for the sheer fact that the business is in the restaurant industry. If you happen to be in the restaurant industry AND a licensed general contractor, congratulations, you will make out much better with a restaurant build out than most. But the fact of that matter is that probably is just not the case!

Buying a restaurant that’s already in place with staff and operations saves you a ton of money on marketing. Why? Because people already know about the establishment, and the money was already spent by the initial owner on marketing. Marketing costs thousands of dollars – buying a restaurant that’s already operating saves you this huge expense. What else? Buying an existing restaurant means you are ready to jump right into the business. No time is wasted on getting permits, building, planning a grand opening, and hoping for success.

Buying a restaurant that already exists take the guess work out of, “I wonder how much this business could make?” You’ll have the financials for the past several years. Did you know that the first $100,000 in business is the hardest to reach? Saving money on marketing and building will allow you to reach this goal much faster. Starting from zero and working your way up may take you a very long time, if you reach it at all when you start from scratch.

We have saved the most critical reason to buying a restaurant already open and operating for last. When you purchase an established business you are purchasing the cash flow that already exists as well. Purchasing cash flow of a business that has been operating and practicing good bookkeeping practices will save you far more money that many other businesses.

When you are ready to start the process of buying a restaurant, you can find hundreds of listings on our website. Click the link below to see all of our listings of restaurants for sale across the country. If you have any questions about buying a restaurant for sale, call the Restaurant Brokers today at 404-800-6700.

Restaurants for Sale

Topics: buying a restaurant

Business Sales Score Record High in 2017

Posted by Robin Gagnon on Jan 26, 2018 9:38:16 AM

BizBuySell has released the latest data on Small Business transactions and the Restaurant Brokers were right when we predicted strong growth last year at this time. Small business confidence, an amazing stock market trajectory and consumer confidence are all combining to create a buying frenzy for small business sales.

What does the national data say?  The largest listing website just released year end data.  The company tracking transaction data provided on a voluntary basis by business brokers says it was a breakout year.  For 2017, BizBuySell reported 9,919 closed transactions compared to 7,842 in 2016, a huge 27 percent year-over-year increase.

How big was that in a historical context?  This rate of transactions was the largest captured since 2013. It wasn’t just the count of businesses and restaurants sold that grew. Asking prices also grew, jumping to an average 11 percent ahead of the prior year at an average of $250,000.  The site also captured increases in revenue of nearly six percent on sold businesses and cash flow growth of almost 7 percent.

Franchise resales, a specialty of the Restaurant Brokers at We Sell Restaurants had a 45 percent growth in 2017 compared to the prior year based on the BizBuySell data.  Franchise resales also demonstrated revenue growth of 22 percent over the prior year and cash flow up by 8 percent. How did that play out in sales prices for franchises for sale like the ones represented by the restaurant brokers?  How about a twenty percent hike in the final sales price or an average of $210,000 in this booming market?   

By sector, restaurants for sale had an amazing showing with 1894 restaurants sold along with 300 bars and another 727 in the "other eating and drinking" category.  That was a total of 2,921 units out of the 9,919 sold or 29 percent of the total sales reported by the industry.  .

In viewing this against the restaurant broker’s numbers, we met or exceeded the same numbers with transactions up over thirty percent for the year.  Selling prices were ahead by 23.5% and the number of days that listings were on the market went down.  Robin Gagnon, co-founder of We Sell Restaurants, predicts that 2018 will outpace these results.  “Last year was a precursor to a banner 2018.  When we predicted record growth last January, the stock market was just beginning to take off, small business confidence, and consumer confidence were improving but not yet stellar and the tax bill looked like a long shot.  For this year, we have unprecedented growth in the market, combined with baby boomers who have been sidelined waiting for a good economy.  Pair that with the impact of money flowing into the economy from the impact of the tax bill and 2018 will be the year for selling your restaurant.”

Eric Gagnon, President of We Sell Restaurants echoes these thoughts but cautions, “Though we anticipate a very strong 2018, that doesn’t mean sellers can hike prices or take their eye off internal sales growth.  The listings moving the fastest, are still though with the best numbers and strongest books and records.”

For a full and confidential valuation of your restaurant for sale, reach out to the restaurant brokers at this link or click the button below.

New Call-to-action

Topics: buying a restaurant, selling a restaurant

The Restaurant Brokers Share the 10 Most Popular Restaurants for Sale in 2017

Posted by Robin Gagnon on Jan 22, 2018 6:41:19 PM

Wondering what the most popular restaurants for sale were in 2017 on our powerhouse website? We were too!  That's why we ran a report to find out. The answers might surprise you.

 

Golden Birthday Dinner Party Dishes Social Media Post.png

Of the most popular listings, four of the 10, or forty percent, were franchise restaurants forsale listings while two were restaurant for lease locations.  The remaining most popular restaurants for sale were indepedent oncepts, ranging from money-makers to asset sales. 

Landing at the top of the most popular restaurants for sale based on page views was a package of three Papa John's restaurants for sale in South Carolina.  These stores were only listed for a few short months before gaining hundreds of signed confidentiality agreements and going in to contract.  The three pizza restaurants for sale were grossing over $1 million dollars in sales volume with an absentee owner.  The buyer plans to be full time in managing the locations going forward which are all located in the central Florida market.  What caused this owner to sell his restaurants?  He was an absentee operator and moved into a very successful unrelated business requiring his full time expertise.  The restaurant brokers were excited to see this fast turning multi-unit franchise restaurants for sale listing at the top of the list. 

Who came in second place?  It was a Whopper of a deal!  The second most popular listing in the restaurant brokers inventory for the year was a Burger King restaurant for sale in Cobb County, Georgia.  The traffic was off the charts on views on the We Sell Restaurants website despite being sold in a prior year! That gives you an idea of what people are searching for as they go online looking for the best restaurants for sale in the country. 

Third on the list of most popular restaurants for sale based on page views was a Subway franchise for sale in Palm Beach Gardens Florida.  Part of one of the world's largest franchise groups, this Subway franchise for sale sold in February but still kept pulling traffic to the highest ranking restaurants for sale website for months after that. 

What type of listing gets a lot of views?  One offered by the restaurant brokers with the words, "Lounge & Bar" in the title.  One of the most viewed pages of the year was another sold listing -- a Lounge and Bar in Smyrna Georgia that racked up thousands of views. 

A restaurant space for lease in Fort Lauderdale Florida, also racked up thousands of views for the year 2017.  The former Tedesco Pizzeria, sold by Restaurant Broker Ken Eisenband, was number five on the top ten restaurants for sale this year on our website. 

Another Florida listing, the "Meatball Market" was also front and center of those clicking and viewing the restaurants for sale online.  This pizzeria for sale location was a hit with restaurant buyers since it was both recently remodeled and served up Italian specialities.  The location, in a shopping plaza on a main road with traffic counts of 23,000 vehicles per day and a nearby and very large active adult community were also key factors in the sale.  Strong demographics with more than 110,000 residents with an average household income of $70,000 drove buyers to this restaurant for sale.

Another Georgia listing with thousands of views was The Plant in Atlanta Georgia.  This restaurant for sale, offered by restaurant broker Steve Weinbaum garnered a lot of looks in a short period of time on the market. 

Restaurant Space for Lease is always attractive for buyers and a location in Johns Creek at Abbotts Village was number eight on the list of the most popular restaurants for lease or sale in 2017.  This location drove strong interest and was represented by Cyndi Weinbaum. 

An established food truck for sale in South Florida brings us near the end of the top ten restaurants for sale viewed on our website in 2017.  The event relationships already in place for this Chicken Wing and Burger Truck had a lot of buyers focused on this business opportunity.  No one's pulled the trigger to buy this food truck for sale yet and it's still on the market and gettin lots of traffic each day.

The final entry into the top ten restaurants for sale is a small franchise location in Austin Texas represented by franchise partner and Certified Restaurant Broker Dave Duce.  With well over a thousand views, this proves that things are bigger in Texas! 

For more information on these top listings for 2017 or other restaurants for sale, visit our website online at this link. 

Restaurants for Sale

Topics: buying a restaurant, selling a restaurant

Tips for Buying a Restaurant Franchise for Sale

Posted by Robin Gagnon on Jan 16, 2018 9:33:17 AM

Every would-be restaurant franchisee dreams of owning the next McDonald’s, but the likelihood that that will happen is low. Here are three rules that ensure you get the best deal on a restaurant franchise for sale.

New Call-to-actionWhat are the odds of building a successful restaurant from the ground up and lasting three years? According to a hospitality management professor who studied restaurant failures, it’s less than 40%. A professor at Ohio State University authored a study that found 57% of all newly opened franchises didn’t last beyond the three year mark. That’s only slightly better than independent restaurants that experienced a failure rate of 61%. Does this mean you should avoid buying a franchise for sale altogether? No. A franchise for sale can represent a great value if you know when to buy and how much to pay. That’s what this article will teach you with our three rules for franchise for sale buyers.

The books and records of an established business tell the true picture of its earnings. If you want a restaurant that’s beaten the odds of surviving the three year mark, then you should consider buying a restaurant that’s three years old with repeated years of earnings. If a franchise for sale interests you because of the training or the brand, by all means pursue your dream but do it with our three rules if you want to make money.

The first three years of a franchise for sale often look like this. A new owner learns of a concept and is instantly excited about the potential and ready to build from scratch. This can easily cost the new franchisee $350,000 or more. Eager to experience his own restaurant success, he’s sure he’s on the way to making millions. A simple review of the math, however, shows he’s paying royalty fees of more than 8%, marketing fees of 2%, and rent of 15% all before he buys the food and serves his first chicken wing and beer at an average check price of $8.00. After that first tough year or so he calls a restaurant broker to ask how much he can list the franchise for sale for. He’s not too happy to learn that with a business that is losing money, the most he can expect is about 25% of what he’s invested, or about $125,000. That’s if he has a good concept and a strong site of his franchise for sale.

A smart franchise for sale buyer picks up the pieces of the operation and becomes owner number too. He’s still losing money but he only paid around $100,000, so his cost to acquire is much lower. It’s now year two so his sales are beginning to catch up with his fixed costs. By working hard at the business and operating it himself, he can probably go from losing money to making money. By the way, both owners have paid the franchisor 10% of sales this entire time even while they lost money. Another year into the business, this smart franchise for sale buyer realizes he didn’t get such a great deal after all. He’s in the black but when he adds up the time in the business against his return, he’s making less than the federal minimum wage. He calls to list the franchise for sale. Sales have developed to the point that all fixed costs are covered and he’s in the black. With add backs, he’s earning $35,000 or so a year. Priced at three times earnings, it goes on the market for $115,000 and he nets $99,000.

This is when the franchise for sale buyer hits his stride and gets the deal. The business is now valued on earnings, not hype. The sales cycle has matured and all costs are covered. Franchise for sale buyer number three has a real opportunity in his hands. He owns a good product in the brands. Sales are still growing and its operating in the black. Since he didn’t overpay, the cost of repayment is minimal and the business can easily service the debt. While the first two buyers are telling their friends why they would never buy a franchise for sale, the new owner has never been happier. This business cycle of the restaurant ownership demonstrates why franchise for sale buyers follow our Rules in Buying Franchise Restaurants.

#1 franchise for sale buyers never want to be first or second to own. Number three’s the lucky winner.

#2 Buy a franchise for sale close to the start of year three for the best opportunity. Sales are still trending up and it’s making money. Best of all, there’s still opportunity.

#3 Never, ever pay more than three times earnings no matter how great a pitch you get from the franchise for sale owner. Opportunity is a lottery ticket but none of us like the odds.

Do you dream of owning a franchise for sale? Or perhaps you have a franchise for sale you are ready to list with the restaurant brokers? The restaurant brokers can help you buy or sell a franchise for sale! Click here for a free valuation of your business, or to view franchise for sale listings click the photo above!

Topics: buying a restaurant, selling a restaurant

Numbers Don’t Lie – Now is a great time to Buy or Sell a Restaurant

Posted by Steve Weinbaum on Jan 12, 2018 4:11:10 PM

BizBuySell.com, the Internet's largest business-for-sale marketplace, reported a record number of businesses changing hands in 2017. Looking into specific industries, the restaurant sector experienced major growth in the second quarter. The number of closed restaurant transactions increased 34 percent year-over-year, and the median sale price jumped from $165,000 to $195,000. Improving financials likely contributed to higher sale prices. The median revenue of restaurants nationwide increased 7 percent year-over-year from $504,500 to $540,000, while cash flows increased 2 percent to $100,000.

Great time to buy o rsell.pngDespite higher asking prices, sales are closing at a faster pace. In the second quarter, the median days on market stood at 168, marking a 5.6 percent decline year-over-year from 178 days. Franchises are also increasingly seen as desirable acquisition targets. Established operating franchises for sale comprised 7 percent of active listings and 9 percent of closed deals in the second quarter of 2017. In addition, the median sale price of franchise businesses in the second quarter was $232,500, slightly higher than the median $229,000 for all transactions.

So what do all these numbers and data points mean to you? Whether you currently own an independent or franchised restaurant…or are considering a move into this arena…NOW IS A GREAT TIME! The combination of increasing revenue, increasing cash flow and fewer days on the market all point to a trend that profitable restaurants and franchises are a solid short and long term investment. In the short term a buyer can be confident of sustainable, and likely increasing, revenue and income. In the long term asset values should grow to protect your initial investment.

Buying an existing restaurant, independent or franchised, takes much of the risk and guess work out of the process. With longevity, verifiable financials, and a negotiated lease in place, restaurant buyers/sellers can expect the purchase price to be somewhere between two to three times ODE (Owner Discretionary Earnings). Buying an existing restaurant is safer because you have an existing customer base. By knowing the sales and cash flow, you can determine the cash flow YOU NEED and shop for a restaurant that is currently generating the required earnings. Then you take your experience and motivation to grow it to the next level.

If you currently own a restaurant or are thinking about buying one, The Restaurant Brokers at We Sell Restaurants are here to answer your questions and assist. We are the Nation’s largest Restaurant Brokerage Group and pride ourselves on our level of service and results. All conversations as well as our listing strategies are done to protect the confidentiality of our clients. Please contact us at 1-888-814-8226 or click this link to have a Restaurant valuation performed at no cost or obligation. You may be pleasantly surprised to learn what your restaurant is worth.

 

Topics: buying a restaurant, selling a restaurant

Restaurant Broker John Kesterson has closed another Pizza Restaurant for Sale Deal

Posted by Robin Gagnon on Jan 9, 2018 7:29:21 AM

Buzzard’s Big Mouth Pizza in Elizabeth is the most recent of Restaurant Broker John Kesterson’s pizza restaurant for sale listings to land on the SOLD list. Buzzard’s Big Mouth Pizza has been satisfying hungry Coloradans for the past 16 years at their East Kiowa Avenue location. The location is great - within close proximity to other restaurants, a liquor store and a grocery store. Pizza restaurant for sale listings are a hot topic – this one in particular had dozens of inquiries and sold in four months.

pizza.jpg

David Ehlen of Colorado Springs is the new owner of Buzzard’s big Mouth Pizza in Elizabeth, which is the most populous town in Elbert County. Ehlen has several years of experience in the industry and is currently also a multi-unit Jamba Juice franchisee.

Perry Buswell is the previous owner of this pizza restaurant for sale, having owned the business for six years. Before Buswell purchased the pizza restaurant for sale in 2011 it had been operated by another owner for 10 years. When Buswell decided he was ready to list the pizza restaurant for sale, he enlisted the help of Colorado Restaurant Broker John Kesterson. Kesterson knew he would sell the business in no time thanks to the excellent sales figures the dining establishment has seen over the years, as well as the a-plus online reviews that include:

  • “The pizza is probably the best I've had in the state!”
  • “Great Pizza and Calzone. Definitely coming back here. The place was packed on a Monday night at 6 PM.”
  • “This place was awesome! The service & the pizza was wonderful!”
  • “My husband and I ate here for the first time last night and we were pleasantly surprised.”

Are you on the hunt for a pizza restaurant for sale? Click on the link to be taken to our pizza restaurant for sale listings all across the country, and check out all of the listings We Sell Restaurants has to offer.

If you would like one of expert Restaurant Brokers to get your pizza restaurant for sale sold, give us a call at (888) 814-8226, or click here for a free valuation of your business.Restaurants for Sale

Topics: buying a restaurant, selling a restaurant

Reasons You May Not Be Ready to Buy a Restaurant

Posted by Robin Gagnon on Jan 5, 2018 12:19:27 PM

ljsd

Topics: buying a restaurant, selling a restaurant