Advice for Buying a Restaurant and Selling a Restaurant

Best Restaurants for Sale in October of 2019 - We Sell Restaurants Recaps the Top 10

Posted by Robin Gagnon on Nov 5, 2019 3:25:58 PM

What were the best restaurants for sale across the nation in October of 2019?  They ranged from the first place position in Austin Texas where a second generation space drove activity, to the tenth position in Alpharetta Georgia that still beat out 525 other restaurant for sale locations to hit the top ten. 

That means the activity on these listings pushes them into the top 2% of all restaurants for sale for the month when gauged by online views, signed confidentiality agreements and outreach to the nation's only Certified Restaurant Brokers. 

Was the activity focused on franchise or independent? Were high volume or low volume the high traffic creators?  70% of the listings were in Atlanta or the Atlanta metro this month. They all represented unmatched traffic and an unrivaled appetite for acquisition of restaurants that are available in the market today.

We reviewed the views, calls and feedback from our nearly 80,000 buyers in our database to determine which are the "best restaurants for sale in the month of October, 2019.

Listing ID:7227 Restaurant Broker Dave Duce    
Huge Restaurant for Sale - Second generation location in Austin Texas.
Lease: expires November 2020
Monthly Rent: $6700,
Inside Sq. Ft. 4266,
Outside Sq. Ft. 0

Price:$90,000
City:Austin

Dave Duce
(512) 773-5272

The top business listed for the month and the highest amount of activity was recorded on a second generation space in Austin Texas listed by Franchise Partner and Restaurant Broker Dave Duce.  This location, priced at $90,000 is fully equipped and ready for a new owner.  Dave expects an offer any day so don't delay if you have interest in this one.

Listing ID:6718 Restaurant Broker Steve Weinbaum    
Pizza Franchises for Sale 3 Units Doing $1.7 Million in Sales
Lease: Varies By Location
Monthly Rent: $16850
Inside Sq. Ft. 8000
Outside Sq. Ft. n/a

Price:$179,000
City:Memphis

Steve Weinbaum
(770) 714-4552

Three pizza franchises for sale listed by Restaurant Broker Steve Weinbaum in Memphis Tennessee doing $1.7 Million in sales represent an incredibly strong opportunity and pushed this restaurant for sale franchise group to the top of the list.  Memphis is a good market and this store group is still waiting on the right purchaser. 

 
Listing ID:7205 Restaurant Broker Robin Gagnon    
Restaurant Space for Lease in High Income Alpharetta - Strip Center
Lease: TBD
Monthly Rent: $TBD,
Inside Sq. Ft. 1400,
Outside Sq. Ft.

Price:$0
City:Alpharetta

Robin Gagnon
(404) 800-6700

A restaurant space for lease in high income Alpharetta market was the third most popular listing for the month.  The 1400 square foot location resulted in plenty of clicks, views, calls to place it high on the list of most viewed restaurants for sale or lease this month.

 
Listing ID:7193 Restaurant Broker Eric Gagnon    
Incredibly Quaint Cafe for Sale in High-end Village Center
Lease: July 2022
Monthly Rent: $5600,
Inside Sq. Ft. 1800,
Outside Sq. Ft.

Price:$99,000
City:Atlanta

Eric Gagnon
(404) 800-6700

Atlanta continued to represent well on the list of concepts selected by our buyers this month with a cafe for sale in Atlanta for just $99,000 taking in a lot of views and activity on the month.  The 1800 square foot location with a rent of $5600 is ready for new owners. 

 
Listing ID:6202 Restaurant Broker Steve Weinbaum    
Restaurant and Bar For Sale in Johns Creek, Keep or Convert
Lease: 2 years remaining on initial term, with three 5 year options
Monthly Rent: $5600,
Inside Sq. Ft. 4069,
Outside Sq. Ft. 500

Price:$125,000
City:Johns Creek

Steve Weinbaum
(770) 714-4552

Another Fulton County Georgia location in Johns Creek gathered plenty of views.  This restaurant and bar for sale that's ready to keep as is or convert is priced to move.  The 4069 square foot location offered by Restaurant Broker Steve Weinbaum is sure to be in contract soon with one of our restaurant buyers. 

 
Listing ID:7208 Restaurant Broker Robin Gagnon    
4,400 SF Restaurant Space for Lease in Mega Center - National Tenants
Lease: TBD
Monthly Rent: $TBD,
Inside Sq. Ft. 4400,
Outside Sq. Ft.

Price:$0
City:Johns Creek

Robin Gagnon
(404) 800-6700

Another lease location in the Johns Creek (Fulton County - Atlanta) market made the list.  That demonstrations high demand for second generation lease space where talented individuals want to bring their own concept to the location.  This 4400 square foot space inside a mega center scored plenty of views, clicks and calls. 

 
Listing ID:6712 Restaurant Broker Steve Weinbaum    
Mediterranean Restaurant for Sale in Alpharetta, GA
Lease: 2 years remaining thru Feb 2021
Monthly Rent: $3000
Inside Sq. Ft. 1700
Outside Sq. Ft. 600+

Price:$49,750
City:Alpharetta

Steve Weinbaum
(770) 714-4552

A Mediterranean restaurant for sale, also in North Fulton, garnered plenty of views.  This location is priced to sell at under $50,000 and it's no wonder it attracted the views.  The 1700 square foot restaurant for sale, offered by Restaurant Broker Steve Weinbaum,  is sure to be in a contract before long. 

 
Listing ID:6728 Restaurant Broker Dave Duce    
2nd Generation Pizza Business for Sale in Austin, TX - Priced to Sell!
Lease: expires Aug 2025
Monthly Rent: $4600
Inside Sq. Ft. 1300
Outside Sq. Ft.

Price:$99,000
City:Austin

Dave Duce
(512) 773-5272

The list started with Austin Texas and returned  to that location with the eighth most popular restaurant for sale on the list.  This second generation space is equipped for a pizza concept and more and has rent of just $4600 per month. 


Listing ID:7171 Restaurant Broker Robin Gagnon    
Cafe for Sale - Great Beltline Location Generates $700,000 on limited menu!
Lease: September 2023
Monthly Rent: $9669.07,
Inside Sq. Ft. 2126,
Outside Sq. Ft.

Price:$99,995
City:Atlanta

Robin Gagnon
(404) 800-6700

A cafe for sale on the Altanta belt line made waves this month and brought in not only views, calls and more.  This cafe for sale ended up in a multiple offer situation and is set for closing at the end of the month. 

 
Listing ID:7192 Restaurant Broker Eric Gagnon    
Catering Business for Sale in Alpharetta -- Pennies to Acquire Kitchen!
Lease: Dec 31 2019 - 1 - 5yr Opt to Renew
Monthly Rent: $3600.00,
Inside Sq. Ft. 1800,
Outside Sq. Ft.

Price:$35,000
City: Alpharetta

Eric Gagnon
(404) 800-6700

Last but not least, is another location in high income Alparetta, a suburb of Atlanta. A catering business for sale in that market was one of the top 2% of all businesses in our inventory for the month.  

It was a record breaking month of calls, views, signed confidentiality agreements and inquiries from our buyers.  Our listing inventory is just at $150 million and includes over 535 listings across the nation.  All of our restaurant for sale listings can be found online at this link

Topics: Buying a Restaurant