Advice for Buying a Restaurant and Selling a Restaurant

We Sell Restaurants Issues Best Restaurants for Sale September 2019

Posted by Robin Gagnon on Oct 4, 2019 9:53:58 AM

What makes a listing hit the "Best Restaurants for Sale" list?  We base our report on signed confidentiality agreements, clicks, views, and calls to our Certified Restaurant Brokers.  With nearly 500 restaurants for sale, that means these are the top 2% of all listings in our database, the most extensive group of restaurants for sale nationwide.  Since our customers are doing the clicking and calling,  they are evaluating the options and pushing them into our best restaurants for sale list as the top ten among all activity.

Here is our latest report covering the month of September 2019.

The number one listing is a hybrid location that offers three business operations in one. This listing combines a restaurant, convenience store and truck stop into one home run location.  The earnings on this unit are an unmatched $735,000 and the price for the location includes the real estate.

Franchise Partner and Certified Restaurant Broker Justin Scotto recently listed this location which was not ever on the market for the full thirty days making its appearance on the list even more remarkable. Since this qualifies for SBA lending with real estate, the purchase price can be amortized over twenty years with just 15% down.  That has our restaurant buyers seriously interested.  

Listing ID:7124 Restaurant Broker Justin Scotto    
Restaurant Convenience store for Sale We Sell Restaurants Restaurant business for Sale plus C-Store and Truck Stop Earns $735,000!
Lease: zero
Monthly Rent: $zero,
Inside Sq. Ft. Business-3500,
Outside Sq. Ft.

Price:$3,750,000

Justin Scotto
(704) 609-4460

There appears to be a trend beginning on this month's report since the second most popular listing was for ten Subway franchises for sale with another very strong earnings level at $240,000 a year.  There are plenty of buyers pushing for strong EBITDA on the books and this store group, churning out nearly a quarter million a year in pure earnings was an instant hit among those buying a restaurant. 

President of We Sell Restaurants and Certified Restaurant Broker, Eric Gagnon is the one fielding the many calls, clicks and confidentiality agreements on this one. 

Listing ID:7059 Restaurant Broker Eric Gagnon    
Subway Franchise for Sale We Sell Restaurants Ten Subway Franchises for Sale - Multi Unit EBITDA of $240,000 a Year
Lease: Varied
Monthly Rent: $27673.95,
Inside Sq. Ft.
Outside Sq. Ft.

Price:$899,000
City:Dallas

Eric Gagnon
(404) 800-6700

We are seeing  a theme come into play as the next on the list of best restaurants for sale is a very strong moneymaker with earnings on the books of $500,000. 

This Naples Florida location offered by Franchise Partner and Certified Restaurant Broker Dave Whitcomb, has been off the charts with activity even though this listing is in contract already and set for closing.  There were multiple offers on this store, driving the actual price much above asking.  

Listing ID:7004 Restaurant Broker Dave Whitcomb    
Naples Restaurant for Sale Grossing $5.2 MM - Owner Income 7 Figures!
Lease: expires June 30, 2021
Monthly Rent: $9941,
Inside Sq. Ft. 3774,
Outside Sq. Ft. seating for 25 on patio deck

Price:$1,000,000
City:Naples

Dave Whitcomb
(239) 300-5041

From high earnings to high potential, the best restaurants for sale can be on either side of the spectrum.  Certified Restaurant Broker Steve Weinbaum was next on the list with a restaurant and bar for sale in Johns Creek that's not returning any profit to the owner and is ready for a new buyer to take over and change the concept. 

The excellent location in a high income area makes this ideal for a pub, sports bar, or full service restaurant of any kind. 

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

Franchise Partner and Certified Restaurant Broker Dave Duce in Austin Texas put forth a three store franchise for sale package that pushed into the top two percent of all listings with We Sell Restaurants this month.  This opportunity, priced in the seven-figure range found many interested buyers and kept the phones ringing all month! 

Listing ID:7118 Restaurant Broker Dave Duce    
3 Franchises for Sale - Be a Multi Unit National Brand Owner in Austin
Lease: Expires 2025
Monthly Rent: $6241,5731,7650,
Inside Sq. Ft. 1700,1750,1761,
Outside Sq. Ft. 150

Price:$1,275,000
City:Austin

Dave Duce
(512) 773-5272

Six figure earnings offered on a quick service franchise for sale brought the Colorado office into the mix with a deal offered by Certified Restaurant Broker Chris Gordan.  The location, with a long term lease and option to extend, along with six figure earnings , is priced to move quickly.  That caught the clicks of buyers who wanted to know more! 

Listing ID:6942 Restaurant Broker Chris Gordon    
Quick Service Franchise for Sale in CO - Six Figure Earnings!
Lease: ends 2025 + 5 year option
Monthly Rent: $5200,
Inside Sq. Ft. 1576,
Outside Sq. Ft. 600

Price:$80,000
City:Westminster

Chris Gordon
(303) 594-4247

Certified Restaurant Broker Steve Weinbaum was back in the mix with some of the best restaurants for sale in the month of September.  Like many of the others that attracted a strong buyer count, this was a multi-unit opportunity in Indianapolis Indiana.  Pizza concepts are always strong and this two store group of franchises for sale easily pushed into a top position for inquiring restaurant buyers.

Listing ID:7104 Restaurant Broker Steve Weinbaum    
Profitable 2-Store National Pizza Franchises For Sale - Indianapolis, Indiana
Lease: Differs for each location - contact agent
Monthly Rent: $2400,2600,
Inside Sq. Ft. 1600,1600,
Outside Sq. Ft.

Price:$479,000
City:Indianapolis

Steve Weinbaum
(770) 714-4552

Just sneaking onto the top two percent of all listings, a restaurant space for lease in Decatur Georgia, tipped the scales at position number nine.  The attraction of Decatur and strong landlord brought plenty of interest for this location where we assist in preparing your business plan, menu and financial statement for the landlord. 

Listing ID:7001 Restaurant Broker Robin Gagnon    
Restaurant Space for Lease with Patio for Walkable Decatur Georgia
Lease: TBD
Monthly Rent: $TBD,
Inside Sq. Ft. 3273,
Outside Sq. Ft. 1664

Price:$0
City:Decatur

Robin Gagnon
(404) 800-6700

The last listing to make it to the Best Restaurants for sale based on our cutoff of ten listings was a business ripe for change in Lawrenceville Georgia, part of the Atlanta Metro area.  Certified Restaurant Broker Dominique Maddox is the listing agent and assisted multiple buyers in their inquiries on this store.

Listing ID:6804 Restaurant Broker Dominique Maddox    
Stunning Restaurant for Sale - Keep or Convert to New Concept!
Lease: Expires Feb. 2024 plus 5 year option
Monthly Rent: $3152,
Inside Sq. Ft. 2000,
Outside Sq. Ft.

Price:$59,995
City:Lawrenceville

Dominique Maddox
(404) 993-4448

That's it. You now have the complete list of the Best Restaurants for Sale in the month of October.  Buyers pushed high earning restaurants and multi-unit locations into some of the top positions with offers already in play from some of these. We'll continue to track the response on these best restaurants for sale and publish a new list next month. 

For access to all our listings, visit wesellrestaurants.com at this link for the most restaurants for sale anywhere online. 

 

Topics: Restaurants for Sale