Best Restaurants for Sale May 2020 - We Sell Restaurants Top 10

Posted by Robin Gagnon on Jun 2, 2020 10:14:51 AM

 

Given everything that has happened over the past few months, it may come as a surprise to some that folks are actively buying and selling restaurants. If you think about it, however, with restaurants reopening, the stock market rallying, and certain concepts like pizza, wings, ice cream, and anything with a drive thru and/or delivery performing strongly, it would make sense that restaurant sales are doing well. When we factor in that there's a whole segment of "corporate refugees" who got laid off during the pandemic and have decided to go into business for themselves, we see that there's a larger pool of potential restaurant buyers than ever before. That being said, here's our top ten most viewed restaurants in the month of May. 

Listing ID:7614 Restaurant Broker Ken Eisenband    
Pizzeria and Italian Restaurant for Sale in Boca Raton All Serious Offers Considered
Lease: expires January 31, 2024
Monthly Rent: $4730,
Inside Sq. Ft. 1590,
Outside Sq. Ft. 200
Price:$65,000
City:Boca Raton

Ken Eisenband
(561) 350-3365
Pizza pizza pizza! It's no surprise that the top three performers for the month of May were pizza concepts. With a rock-bottom price of $65,000 and located in sunny Boca Raton, Florida, this pizza restaurant is anchored by a busy grocery store chain which keeps the foot traffic flowing. 
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:$30,000
City:Austin

Dave Duce
(512) 773-5272
Here we have a former pizza franchise for sale for insanely low pricing... this restaurant is literally being sold for less than it would cost to buy a new car. It's located in bustling Austin, TX, a food lover's paradise. When we take into account the reasonable rent and the fact that this restaurant is located near a major intersection adjacent a large tech campus, it's not a surprise that this listing was so popular with our buyers.
Listing ID:7146 Restaurant Broker Ken Eisenband    
Plantation Restaurant for Sale - Beautiful, Priced to Sell
Lease: July 6, 2023 + 5 Yr. Option
Monthly Rent: $3769,
Inside Sq. Ft. 1305,
Outside Sq. Ft. 100
Price:$49,900
City:Plantation


Ken Eisenband
(561) 350-3365
This listing is yet another pizza concept located in sunny Florida and being offered at a steal. Featuring all-in monthly rent of less than $4K, growing sales, and an excellent location, this restaurant represents a turnkey opportunity for a savvy investor looking to live in a warm climate. 
Listing ID:6826 Restaurant Broker Dave Duce    
Massive price drop! Motivated Seller. Austin Wing Franchise for Sale.
Lease: expires December 2021 + 5 year option
Monthly Rent: $7200,
Inside Sq. Ft. 1800,
Outside Sq. Ft. 150
Price:$40,000
City:Austin
Dave Duce
(512) 773-5272
 Number four on our list is a Wings franchise for sale located in Austin, TX. This listing is priced very aggressively and the seller is clearly motivated. Where else can you purchase a franchise for $40K? With a great name brand and a large portion of revenue coming from delivery and takeout, this business represents a solid bet on a lucrative future. 
Listing ID:7110 Restaurant Broker Justin Scotto    
Brand New Pizza Restaurant For Sale! Asset Sale Will Go Fast !
Lease: 5 Year Term
Monthly Rent: $7861---
Inside Sq. Ft. 2800---
Outside Sq. Ft.
Price:$39,000
City:Charlotte

Justin Scotto
(704) 609-4460
 Rounding out our top five is steal of a deal in Charlotte, NC. This gem is brand-new... with need to remodel or deep-clean anything, a new owner only needs to worry about making money from day one. An interesting trend for this month is that all of our top five restaurants were either pizza or wings concepts for sale listed for rock-bottom prices and located in the sunny south. 
Listing ID:7659 Restaurant Broker Robin Gagnon    
Two Store Package of Franchise Sandwich Shops for Sale in Sales just under $1 Million
Lease: Second Store Lease Expires 04/30/2028
Monthly Rent: $6695.76,4047,
Inside Sq. Ft. 2200,1350,
Outside Sq. Ft.
Price:$150,000
City:Opelika | Auburn

Robin Gagnon
(404) 800-6700
 Who doesn't love a buy one, get one deal? For the price of what one of these profitable sandwich franchises would normally cost, a buyer instantly becomes a multi-unit owner! With one of these units located near a major university, and with the other one featuring a coveted drive-thru, this package deal in beautiful Alabama won't last long. 
Listing ID:7036 Restaurant Broker Justin Scotto    
Chef Inspired Restaurant For Sale! Rave Reviews - 6 Figure Earnings
Lease: 3 years
Monthly Rent: $2250,
Inside Sq. Ft. 2220,
Outside Sq. Ft.
Price:$40,000

Justin Scotto
(704) 609-4460
 This five-star reviewed independent concept in Charlotte, NC is perfect for a chef owner-operator. With an established customer base coming back on a regular basis, whoever buys this restaurant can expect to do over $450K in sales with a six-figure take-home owner benefit. And just look at that price! 
Listing ID:7486 Restaurant Broker Ken Eisenband    
Fast-Casual Restaurant for Sale in Broward –Wing Concept, Can Convert
Lease: January 31, 2029
Monthly Rent: $4500-,
Inside Sq. Ft. 2400,
Outside Sq. Ft. 480
Price:$70,000
City:Margate

Ken Eisenband
(561) 350-3365
 Florida continues to dominate the top ten list with this amazing deal on a second-generation wing concept. Located in a high-volume, recently remodeled shopping center, this fully-equipped restaurant won't last at this price. Situated across from a casino and a newly approved retail and office space center, you just couldn't ask for a better location. 
Listing ID:6631 Restaurant Broker David Whitcomb    
Acquire this Charming Cafe for Sale in Downtown Naples, FL
Lease: Expires May 14 2023
Monthly Rent: $1913.00,
Inside Sq. Ft. 1200,
Outside Sq. Ft. approximately 20-24 seats
Price:$125,000
City:Naples

David Whitcomb
(239) 300-5041
 Yet another Florida listing, this time we have a charming cafe for sale on the west coast of Florida, in beautiful Naples. For someone looking to own their own restaurant and who doesn't want to work late hours, a deli/cafe represents a turnkey opportunity to be your own boss without sacrificing your work-life balance. 
Listing ID:7636 Restaurant Broker Robin Gagnon    
Hamburger Restaurant for Sale in Houston Market earning owner $73,500
Lease: 1,3,5
Monthly Rent: $3612,
Inside Sq. Ft. 1673,
Outside Sq. Ft.
Price:$125,000
City:Katy

Robin Gagnon
(404) 800-6700

This profitable Hamburger Restaurant for sale means instant cash flow and unlimited possibilities for a new owner-operator. With 20% down, a potential buyer could be approved for lending in a matter of days. Featuring a fully equipped kitchen retrofitted with state-of-the-art equipment, a new owner can be up and running on this second-generation opportunity in the blink of an eye. 

Stay tuned for our top ten restaurants for the month of June! 

Topics: Buying a Restaurant

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