Advice for Buying a Restaurant and Selling a Restaurant

Top 10 Restaurants for Sale in July 2014

Posted by WSR Operations on Aug 13, 2014 3:10:41 PM

It was a red hot summer in more ways than one with restaurant for sale listings selling faster than we could get them on the website and lots of activity on listings taken by the restaurant brokiers.  The most popular listing for the month of July was offered by restaurant broker Emily Yessick.  This Italian restuarant for sale in Marietta is in a prime location which brought plenty of restaurant buyers into the mix.  

The most popular restaurant for sale listings are gauged by the phone calls, traffic on our powerhouse restaurant for sale website and signed confidentiality agreements generated by buyers.   


Listing ID:4248
Restaurant Broker Emily Yessick    
  Italian Restaurant for Sale in Prime Location!
Lease: Month-Month
Monthly Rent: $3500
Inside Sq. Ft. 3000
Outside Sq. Ft.
Price:$135,000
City:Marietta
 
The second most popular restaurant for sale in the month of July was this sandwich shop offered in Hollywood Florida.  Inexpensive rent and low pricing drove lots of inquiries by those looking to buy a restaurant for sale.  
Listing ID:4233 Restaurant Broker Ken Eisenband    
  Sandwich Shop for Sale in Downtown Hollywood, Florida
Lease: Expires March 31, 2016 with option attached
Monthly Rent: $1400
Inside Sq. Ft. 900
Outside Sq. Ft. 100
Price:$17,000
City:Hollywood
 
Subway is the number one restaurant franchise brand in the world so it's no wonder that this franchise restaurant for sale drove so much activity.  This 1500 square foot location drives big sales per square foot and lots of profit (Six Figures!).  It's still pending a final offer so it is - for the moment - still available.  
Listing ID:4227 Restaurant Broker Robin Gagnon    
  Subway Franchise Restaurant For Sale
Lease: valid thru 2019 Options
Monthly Rent: $4541
Inside Sq. Ft. 1500
Outside Sq. Ft.
Price:$230,000
 
The fourth most popular listing on the We Sell Restaurants hit parade last month was this Georgia Deli and Sandwich shop for sale in Roswell.  It was a winner with great pricing and is getting offers daily. We don't expect it to last.  
Listing ID:3605 Restaurant Broker John Sparks    
  Georgia Deli and Sandwich Shop for Sale
Lease: 5 plus 5 year option
Monthly Rent: $6300
Inside Sq. Ft. 2600
Outside Sq. Ft.
Price:$59,000
City:Roswell
 
A restaurant bar for sale on a college campus sounds like a winner to lots of the restaurant buyers lining up for information on this highly popular listing.  A contract was in place but looks like it may still be available so contact one of the restaurant brokers for more information. 
Listing ID:4201 Restaurant Broker Robin Gagnon    
  Restaurant Bar for Sale on University Campus! Owner Financing
Lease: 15 years
Monthly Rent: $2200
Inside Sq. Ft.
Outside Sq. Ft. 700
Price:$190,000
City:Atlanta
 
A second Subway franchise for sale in Georgia also showed up in the top 10 this month.  Finding a Subway unit outside the "Subway system" is unusual so these two listings have garnered remarkable activity. 
Listing ID:4244 Restaurant Broker Robin Gagnon    
  Subway Franchise For Sale in Georgia
Lease: Valid thru 2018 & Options
Monthly Rent: $1630
Inside Sq. Ft. 1500
Outside Sq. Ft.
Price:$150,000
 
Colorado made the top ten most popular restaurants for sale this month with a new listing by restaurant broker John Kesterson.  This listing was brand new and already buyers in the market for a restaurant are taking a strong look. 
Listing ID:4241 Restaurant Broker John Kesterson    
  Classic American Restaurant For Sale In Littleton, Colorado
Lease: 2 years w/ 3 year option
Monthly Rent: $$3545 base rent w/approx additional $1200 in CAM, R.E. Taxes and Insurance
Inside Sq. Ft. 1671
Outside Sq. Ft. Apprx. 200
Price:$59,999
City:Littleton
 
Number seven on the We Sell Restaurant most popular list for the month was this lovely business in Boca Raton.  This one caught the eye of everyone looking for a restaurant near the beach.  
Listing ID:4228 Restaurant Broker Ken Eisenband    
  Cafe for Sale for Sale is Steps from Beach in Palm Beach County
Lease: Expires June 30, 2019 plus 5 year option
Monthly Rent: $3360
Inside Sq. Ft. 1655
Outside Sq. Ft. 400
Price:$400,000
City:Boca Raton
 
Restaurant broker Emily held multiple spots on the top ten list of restaurants for sale in the month with the number one and number nine slots.   Her chicken wing restaurant offered at only $35,000 was a winner with our buyers.
Listing ID:4181 Restaurant Broker Emily Yessick    
  Chicken Wing Restaurant for Sale Turn key Opportunity
Lease: Expires Sept 2014 Plus Option
Monthly Rent: $1300
Inside Sq. Ft. 1200
Outside Sq. Ft.
Price:$35,000
City:Atlanta
 
Rounding out the top ten was this bakery for sale in Gerogia that has been featured on National television. This lovely little space in Grayson is already under contract and a new owner will be taking over in early September. 
Listing ID:4148 Restaurant Broker Robin Gagnon    
  Bakery for Sale in Georgia Seen on National TV
Lease: 5 plus 5 year lease
Monthly Rent: $2500
Inside Sq. Ft. 1200
Outside Sq. Ft. 300
Price:$49,995
City:Grayson

That rounds out the ten most popular restaurant for sale listings in the month of July, 2014.  The restaurant brokers will compile the results from their powerhouse website again next month!. 

Topics: buying a restaurant