Advice for Buying a Restaurant and Selling a Restaurant

Top 10 Restaurants for Sale in December 2014 by We Sell Restaurants

Posted by Robin Gagnon on Jan 30, 2015 6:08:45 PM

December is a traditionally slow month for transactions but December of 2014 broke all records
for website hits, buyer activity, signed confidentiality agreements and calls to our Certified
Restaurant Brokers for more details on our listings. Two franchises made the top ten along with
two bar or pub opportunities and two Italian restaurants.  The balance of the month’s most
popular restaurant for sale listings were spread between frozen yogurt shops for sale, lease
spaces and other varied concepts. 

The top two listings for the month went to Eric Gagnon who scored a lot of traffic on a Bar and Grill
in Cobb County Georgia. This local pub was a huge hit with buyers that want to acquire the assets
of a business and make it their own.  The low pricing at under $50,000 for a fully equipped bar
drove much of the activity on this one. 

Bar and Grill for Sale - Local Pub Ready for New Owner! It's a Steal!
Lease: expires July 2016
Monthly Rent: $5570
Inside Sq. Ft. 4000
Outside Sq. Ft.
Price:$49,000
City:Marietta

A three store Papa John’s deal for Florida was a big winner with buyers seeking franchise
restaurants for sale and multiple units. This easy to run operation that transfers with training from
the brand, well known processes and stores that have below market leases.  We haven’t
wrapped up an offer on this one yet but it is certainly well on the way to being sold. 

Franchise Pizza Business for Sale - 3 Papa John's Restaurants for Sale
Monthly Rent: $1557 | 1250 | 1250
Inside Sq. Ft. 1800 | 1500 | 1200

Price:$399,000

The third most popular listing of the month was another franchise brand.  This franchise bakery
for sale turned a lot of heads with six figure earnings and a well develop client base.  The price at
only $265,000 was also a winner with restaurant buyers seeking a strong return on their invested
dollars. 

Franchise Bakery for Sale - Atlanta Bread Company 6 Figure Earnings
Lease: Valid thru Feb 1, 2023
Monthly Rent: $9572
Inside Sq. Ft. 4800
Price:$265,000

Despite the cold outside, we still have buyers focused on frozen yogurt shops for sale like the one
we featured in Atlanta.  This opportunity, in the heart of Buckhead, Atlanta’s most dynamic and
affluent shopping district was a hit among those seeking to get into the yogurt shop trend without
starting from the ground up. 

Frozen Yogurt Shop for Sale in the Heart of Buckhead
Lease: 3 years remaining
Monthly Rent: $2200
Inside Sq. Ft. 660
Price:$69,995
City:Atlanta

The outskirts of the metropolitan area – Roswell, was the location of the fifth most popular
restaurant for sale listing for the month.  This opportunity, priced at under $99,000 for a 2400
square foot facility is still on the market but the offers are getting serious and we hope to wrap up
the negotiations quickly on this one. 

Pasta and Pizza Business for sale by the Restaurant Brokers in Roswell
Lease: 3 years/option for 5
Monthly Rent: $4166 including all CAMS
Inside Sq. Ft. 2400
Price:$99,000
City:Roswell

A bar for sale in the Flowery Branch town nearby Metro Atlanta featuring Sports, Food and Fun
made the second half of the top ten when it was released in the month of December.This location
has a large bar and seats plenty of people in the more than 5850 square feet it occupies outside
the Metro Atlanta marketplace. 

Bar for Sale nearby Metro Atlanta Has It All, Sports, Food, Fun!
Lease: Expires 2018
Monthly Rent: $6500
Inside Sq. Ft. 5850
Price:$175,000
City:Flowery Branch

Italian wasn’t just popular in Atlanta.  Certified Restaurant Broker, Ken Eisenband’s listing in
David County drove strong activity as well and made its way into the top ten restaurants for sale
this month.  The long term lease opportunity with a five year plus five year option at good rental
rates attracted those looking to enter the business. 

Italian Restaurant for Sale in Davie Can Convert to Any Concept
Lease: Five years with 5 year option
Monthly Rent: $6587
Inside Sq. Ft. 2516
Price:$165,000
City:Davie

OTP or Outside the Perimeter in Cumming Georgia, a Family Style restaurant for sale in
Cumming generated strong activity as well and landed this business in the top ten. The
small and easy to manage location is only 1400 square feet, is fully equipped with a commercial
kitchen and has rent at only $1516.67 per month including all CAMS, taxes and insurance. 

Family Style Restaurant for Sale Features American Classics
Lease: 3/3, started 2/1/14
Monthly Rent: $1516.67 NNN
Inside Sq. Ft. 1400
Price:$99,000
City:Cumming

Owner financing is always a strong pull for buyers of restaurants looking to leverage their assets
and this restaurant for sale in Boca Raton earning six figures, got some buyers engaged in the
process.  The high earnings combined with owner financing was an opportunity that looked great
for many buyers. 

Restaurant for Sale in Boca Raton Earns 6 Figures - Owner Financing!
Lease: Expires 2019 with one option period
Monthly Rent: $3729.00
Inside Sq. Ft. 1065
Outside Sq. Ft. 400.
Price:$250,000
City:Boca Raton

Last, but not least, on the restaurant broker’s hit parade for the month was a former restaurant for
lease in downtown Atlanta with a Hood and Grease trap.  This space is being offered for no key money
and the landlord is ready to make a deal for the right tenant.  This is a free standing building and the
landlord is asking only $2300 per month for lease. 

Former restaurant for lease in Atlanta, Georgia - Hood and Grease Trap !
Lease: 5 year term plus 5 year option
Monthly Rent: $2300
Inside Sq. Ft. 1100
Price:$0
City:Atlanta

The December 2014 edition of the top ten restaurants for sale topped another record year in our markets
for restaurants sold.   Buyer activity as measured by restaurants sold, buyer inquiries, signed confidentiality
agreements and calls direct to our brokers indicate that interest is at an all-time high.