Advice for Buying a Restaurant and Selling a Restaurant

Top 10 Restaurant for Sale Listings in May 2017

Posted by Robin Gagnon on Jun 5, 2017 2:25:43 PM

 What happens in May?  It's time to celebrate Memorial Day and kick off the summer!  Most kids are out of school and the line at the local ice cream or yogurt store seems never ending.  It seems like it's also the month for buying restaurants if this top ten report of restaurants for sale by the restaurant brokers is any indication. 

We rank our top ten list of restaurants for sale based on page views, signed confidentiality agreements and calls to our expert restaurant brokers with requests for more information.

Our number one most trafficked listing for the month is a restaurant for Sale in Fort Lauderdale Florida that's priced to move! The great opportunity offered by restaurant broker Ken Eisenband features low rent for a 1700 square foot fully equipped location.
Listing ID:5228 Restaurant Broker Ken Eisenband    
Restaurant for Sale in Ft. Lauderdale Can Convert to Any Concept
Lease: Expires July 31, 2017 with options to be negotiated
Monthly Rent: $2980
Inside Sq. Ft. 1700
Outside Sq. Ft.
Price:$29,000
City:Fort Lauderdale

Ken Eisenband
(561) 350-3365

Are we seeing double? Nope, that really is another South Florida listing under $30,000. This location is decorated nicely and set up for fast-casual service. If you are ready to get into the restaurant location is place is a steal!  Our buyers were looking at both of these and driving up activity. 

Listing ID:5311 Restaurant Broker Ken Eisenband    
Pizzeria for Sale -- Fast Casual Italian Restaurant in Broward County
Lease: Expires January 31, 2018 plus 2 three year options
Monthly Rent: $4612.78
Inside Sq. Ft. 1716
Outside Sq. Ft.
Price:$29,900
City:Tamarac

Ken Eisenband
(561) 350-3365

Sports Bar are always a home run. Add a location in a happening Marietta, Georgia and you have a grand slam! This location was such a big hit that it is already off the market.

Listing ID:5466 Restaurant Broker Dominique Maddox    
Sports Bar for Sale in Marietta. Convert to your own concept!
Lease: Expires 2022
Monthly Rent: $9200
Inside Sq. Ft. 5300
Outside Sq. Ft.
Price:$69,000
City: Marietta

Dominique Maddox
(404) 993-4448

Six Figure Earnings! That is why the buyers are clicking to find out more about the downtown Atlanta location. Add a great new lease term and this Bar for Sale will not last much longer!  Restaurant Broker Steve Weinbaum has all the details and has been fielding the calls on this bar for sale.

Listing ID:4944 Restaurant Broker Steve Weinbaum    
Profitable Bar for Sale Events Venue! Great Location in Downtown Atlanta - SIX FIGURE EARNINGS
Lease: New 5 year lease with 5 year option
Monthly Rent: $$6162
Inside Sq. Ft. 5300
Outside Sq. Ft. several Hundred
Price:$249,000
City:Atlanta

Steve Weinbaum
(770) 714-4552

On the market for less than 30 days and this HOT listing has made the top 10 list of restaurants for sale.   Located in Roswell, Georgia. Pricing is a factor as this one is well below market.  This location has been open and operating and is ready for a new owner!

Listing ID:5486 Restaurant Broker Dominique Maddox    
Restaurant for Sale in Roswell with low rent. Can Convert to Any Concept
Lease: Expires October 31, 2018 + 3 year option
Monthly Rent: $2800
Inside Sq. Ft. 1800
Outside Sq. Ft.
Price:$59,995
City:Roswell

Dominique Maddox
(404) 993-4448

Summer is the season for easy living and it seems kicking back in a bar is on the mind of a lot of our buyers.  Bars for sale drove strong action ont he month including this one in Austin Texas.  This location has more views than days on the market and will fly off the shelf soon.

Listing ID:5496 Restaurant Broker Dave Duce    
Legacy Bar for Sale Available in Austin Texas. Open 33 years!
Lease: Negotiable
Monthly Rent: $4000
Inside Sq. Ft. 1800
Outside Sq. Ft. 300
Price:$198,000
City:Austin

Dave Duce
(512) 773-5272

South Florida is a happening area for this top 10 list. Adding to the list is another sports bar that has done over $2 million dollar in sales for the year.  The Broward County location is driving clicks, views and calls to the Restaurant Brokers for more information.  Opportunities like this don’t come up all the time so buyers are trying to find out more by visitin gour website.

Listing ID:5510 Restaurant Broker Ken Eisenband    
Sports Bar for Sale in Broward County - Sales in Excess of $2 Million
Lease: Expires October 31, 2018 with 3 five year options
Monthly Rent: $20709
Inside Sq. Ft. 5796
Outside Sq. Ft. 800
Price:$350,000
City:Coconut Creek

Ken Eisenband
(561) 350-3365
Austin Texas took up 20% of the slots on the Top 10 this month with Dave Duce posting two new listings that automatically popped up to the top 5% trafficked listings online.  This wine bar for sale offered as an upscale opportunity was creating strong activity and should have a buyer any day now.
Listing ID:5515 Restaurant Broker Dave Duce    
Wine Bar and Restaurant for Sale is Upscale Austin Opportunity!
Lease: expires January 2020
Monthly Rent: $9750
Inside Sq. Ft. 3000
Outside Sq. Ft. 1000
Price:$230,000
City:Austin

Dave Duce
(512) 773-5272
Colorado was not to be left out of the mix.  Restaurant Broker John Kesterson's listing in Parker had buyer clicking and calling as well.  The signed confidentiality agreements on this one tell us it won't be long until an offer is in play.
Listing ID:5318 Restaurant Broker John Kesterson    
Profitable Full Service Restaurant and Bar for Sale in Parker Colorado!
Lease: Year-to-year. New lease to be negotiated.
Monthly Rent: $3600
Inside Sq. Ft. Approx. 3400
Outside Sq. Ft. Approx. 400
Price:$99,500
City:Parker

John Kesterson
(720) 473-3726

With nearly 300 restaurant and bar for sale listings on the market, hitting the top ten means these were truly special!  The activity generated indicates most will be in the hands of a new owner/operator before long.  Want to check out the hundreds of listings online offered by the restaurant brokers? Check them out at this link.

Visit Our Listings Online!

 

Topics: buying a restaurant, selling a restaurant