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Restaurant Wanted? You're not alone. November 2013 was a busy month and now it's time for the restaurant brokers to publish the top restaurants for sale. We develop our top 10 based on the restaurants for sale that got the most "views", generated the most calls to the restaurant brokers and we even factor in the social media activity on the listings from our restaurant wanted twitter account.
The most popular restaurant wanted listing by far was an office cafe for sale in the popular Buckhead section of Atlanta Georgia. This listing was snapped up the same day we e-blasted it to our restaurant buyers and we're moving forward with a closing by the end of the month. That's what happens when a strong restaurant for sale listing hits the market at the right pricing. The buyer in this case has worked with the restaurant brokers in the past and knew he needed to jump on a good deal fast.
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Office Cafe for Sale in Buckhead High Rise Building Atlanta
Lease: 5 year term with Option
Monthly Rent: $847.33
Inside Sq. Ft. 1200
Outside Sq. Ft.
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Price:$69,995
City:Atlanta
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This cafe for sale in Florida also made the top ten this month. Offered at low pricing and fully equipped, it was also a home run with buyers. The monthly rent at just over $1200 a month makes this one a stand out and drove lots of views and contacts to the restaurant brokers serving south Florida.
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Cafe for sale in Ft Lauderdale Sacrificed for Pennies on the Dollar
Lease: 5 years plus 5 yr option
Monthly Rent: $1260
Inside Sq. Ft. Approximately 1,000
Outside Sq. Ft.
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Price:$55,000
City:Ft. Lauderdale
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A price reduction on this lounge in Atlanta drove lots of activity to the restaurant brokers website this month along with phone calls and social media mentions. This bar and lounge for sale is reduced to move at only $150,000 and the owners want to see a deal in the pipeline by the end of 2013.
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Atlanta Bar and Lounge for Sale Features Big Earnings and Low Rent
Lease: 5 years
Monthly Rent: $2500
Inside Sq. Ft. 1700
Outside Sq. Ft.
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Price:$150,000
City:Atlanta
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South Florida loves pizza so it's no wonder they like this pizza restaurant for sale in Coral Springs. This brand new listing hit the market in November and instantly became a favorite among the many buyers searching our restaurant wanted inventory.
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Pizza Restaurant for Sale in Coral Springs Can Convert to Any Concept
Lease: Expires March 31, 2015 + 2 Five year Options
Monthly Rent: $4189
Inside Sq. Ft. 2500
Outside Sq. Ft.
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Price:$49,000
City:Coral Springs
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This popular sports bar franchise for sale inside the Perimeter brought a lot of buyers to the forefront. Activity was off the charts for a winning location, strong franchise and established business. Priced to move at under $50,000, this one was an instant hit with buyers. The restaurant brokers are talking with several prospects but we don't have a firm offer on the table yet so if this fits your idea of a restaurant wanted opportunity, let us know.
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Franchise Sports Bar Inside the Perimeter -Rare Bar Opportunity for Sale
Lease: 5 yrs plus 5 yr option
Monthly Rent: $8200
Inside Sq. Ft. 5000
Outside Sq. Ft.
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Price:$49,995
City:Atlanta
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Another brand new listing in the restaurant brokers inventory was also an instant hit. This franchise chicken wings business for sale in Cumming Georgia drove strong interest. Great price point and low cash requirements from a rent perspective are reasons why this listing made the top 10 for sale.
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Franchise Chicken Wings Restaurant for Sale in Georgia
Lease: 5+5
Monthly Rent: $2500
Inside Sq. Ft. 2000
Outside Sq. Ft. aprox 800 sq ft
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Price:$69,000
City:Cumming
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The theme of November was pricing under $50,000 and this seafood restaurant for sale had a huge number of looks. If you're browsing restaurant wanted listings at bargain price points, this one should certainly be on your list and it's no wonder it made the top ten.
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Seafood Restaurant for Sale at a Great Price with Tons of Used Equipment
Lease: 5 year term plus 5 year option
Monthly Rent: $2300
Inside Sq. Ft. 1100
Outside Sq. Ft.
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Price:$29,995
City:Atlanta
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Chicken Wings are an America comodity. This restaurant for sale listing is also priced under $50,000 and is ready for a new owner to take over. We got lots of looks but no "bites" yet so bring your offers.
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Chicken Wings Restaurant for Sale in West Cobb County
Lease: 3+Option
Monthly Rent: $1563.33
Inside Sq. Ft. 2800
Outside Sq. Ft.
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Price:$49,995
City:Austell
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The last two restaurant wanted listings in the restaurant broker portfolio included a sandwich shop in South Floirida with rent under $1300 a month and a great location. This is a winning opportunity for someone looking for a business without late nights or alcohol.
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Profitable Sandwich Shop for Sale in Pompano Beach has Manageable Hours
Lease: Expires July 31, 2017
Monthly Rent: $1272
Inside Sq. Ft.
Outside Sq. Ft.
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Price:$99,000
City:Pompano Beach
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Six figure earnings always top the Restaurant wanted list and this listing in the North Georgia mountains was no exception. It's priced to move at $325,000 and SBA lending is a possiblity on this one.
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Restaurant and Bar for Sale in North Georgia Nets Owner Six Figures
Lease: 4.5 Years remaining Plus 5 year option
Monthly Rent: $4000
Inside Sq. Ft. 3500
Outside Sq. Ft.
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Price:$325,000
City:North Georgia Area
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November 2013 was a record month for activity on our restaurant wanted website, www.wesellrestaurants.com and this list of the top ten reflects all that activity. If you don't see what you're looking for in this article, just contact us or visit our website for hundreds of opportunities.
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Topics:
Buying a Restaurant
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