Restaurant Brokers Release Top 10 List for February 2013

Posted by Robin Gagnon on Mar 7, 2013 4:42:00 PM

Okay, what happens when the restaurant brokers list a fully equipped restaurant space for the low price of ZERO dollars!  It immediately shoots to number one on the list of the most popular restaurants for sale in Atlanta for the month.  This great opportunity led the pack of listings with the most views by restaurant buyers, the most signed confidentiality agreements and the ones that caused the restaurant brokers phone numbers to ring, ring, ring.

This popular listing resulted in multiple letters of intent.  The very happy seller/landlord got his tenant with the help of the restaurant brokers in under two weeks.  If this one's still on your wish list, better pick another restaurant for sale because this listing is going, going, gone!

  Used Restaurant Equipment in Place at this Vacant Restaurant for Rent
Lease: 5 year term plus 5 year option
Monthly Rent: $1900
Inside Sq. Ft. 1100
Outside Sq. Ft.
Price:$0
City:Atlanta
Second on the list of top ten restaurants for sale this month is the drive through location in Kennesaw Georgia.  Proximity to the first class Kennesaw State campus with the fastest growing student population in the Georgia State university system contributed to making this one a winner.
  Drive Through Restaurant For Sale 5 Minutes (3 Mi) from Kennesaw State
Lease: 5 plus 5
Monthly Rent: $2200
Inside Sq. Ft. 1500 plus Patio
Outside Sq. Ft. 500
Price:$79,995
City:Kennesaw
An office building cafeteria in Perimeter drove lots of interest when the seller posted a sacrifice deal at only $150,000 for the assets. 
  Office Building Cafe for Sale in Perimeter - Sacrifice Deal
Lease: 4 1/2 plus 5 option
Monthly Rent: $$1.333
Inside Sq. Ft. 2,500
Outside Sq. Ft. 400
Price:$150,000
City:Atlanta

Restaurants for sale under the magic price point of $50,000 always gets a restaurant buyer excited and that's what happened in February with this cafe for sale.  That forced it right into the top ten list of restaurants for sale.

  Cafe for Sale Features Excellent Lunch and Dinner Business
Lease: 5 year lease
Monthly Rent: $1200
Inside Sq. Ft. 2652
Outside Sq. Ft.
Price:$49,000
City:Loganville
This listing in Sandy Springs is a holdover from January and still at the top of the charts for most popular restaurants for sale.  We keep getting inches away from making a deal on this one.
  Bar and Restaurant for Lease Sandy Springs - Metro Atlanta - Great Deal!
Lease: 5+5
Monthly Rent: $6,420
Inside Sq. Ft. 5,200
Outside Sq. Ft. 5,200
Price:$0
City:Sandy Springs
This franchise pizza restaurant for sale hit the top ten because of rock bottom pricing and a seller that's ready to make a deal.  This fast casual concept leads the important family dining segment.  That makes it a clear winner in Cartersville.  It costs more than $250,000 to get one of these franchise restaurants off the ground and running and you can pick this one up for a song.
  Franchise Pizza Restaurant for Sale Georgia leads family-dining segment
Lease: Expires Dec. 2013 + 5 yr option
Monthly Rent: $5150
Inside Sq. Ft. 3000
Outside Sq. Ft.
Price:$59,000
City:Cartersville
PPizza was on restaurant buyers mind this month because this location in affluent North Fulton (Johns Creek) also made it onto the top ten.  This location is closed now so the landlord will entertain offers to take over the space.
  Profitable Pizzeria for sale in the heart of Johns Creek
Lease: 5 years
Monthly Rent: $3300
Inside Sq. Ft. 3375
Outside Sq. Ft.
Price:$80,000
City:Johns Creek
The south side of town is definitely on the up-swing after a couple of soft years.  This location got multiple offers and is under contract to a concept that's already operating in downtown. We can't wait to announce this sale!
  Atlanta Restaurant and Bar for sale offers Modern American Cuisine
Lease: expires August 31, 2015 + 3 yr option
Monthly Rent: $8000
Inside Sq. Ft. 3988
Outside Sq. Ft. 200
Price:$150,000
City:Atlanta
Office park cafes are always popular since they generally feature low rent and big opportunity at cheap pricing.  This one is still available and is a winner for the right buyer. 
  Office Park Cafe Sandwich Shop for Sale. Rent's only $800 a month!
Lease: Expires Jan. 2015
Monthly Rent: $800
Inside Sq. Ft. 1300
Outside Sq. Ft.
Price:$59,995
City:Atlanta

This stunning Mexican restaurant for sale has an incredible patio, a horseshoe bar and a kitchen that is any chef's dream.  It's been reduced for quick sale and the seller says BRING ALL OFFERS!  Now those are words that buyers love to hear and have boosted this one to the top of the charts.
Mexican Restaurant for Sale Features Stunning Bar and Patio
Lease: 5 plus 5
Monthly Rent: $7200
Inside Sq. Ft. 7200
Outside Sq. Ft. 600
Price:$139,995
City:Canton

 Overall, February was a busy, busy month with website traffic off the charts.  Restaurant sellers are excited about the activity we're seeing on their listings and our restaurant brokers are staying glued to the phones getting back with interested buyers.  What will be on next month's top ten list?  Let's wait and see.  One things for sure, this list reflects the strong activity in the Atlanta marketplace on restaurants for sale.

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Topics: Selling a Restaurant

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