Here are the restaurant broker's top ten restaurants for sale for the month of November, 2014. Our buyers frequently ask how the list is generated and here is the answer! We measure the number of phone calls, feedback and inquiries from all our marketing channels. While our powerhouse website generates the most looks, don’t forget the restaurant brokers are also out there on social media, on the radio each week and on YouTube talking about restaurants for sale. We take all the activity generated from all this marketing and combine it with a count of online confidentiality agreements signed, listing views and other data generated from our powerhouse restaurant for sale website, wesellrestaurants.com.
We also check in with our Certified Restaurant Brokers to see which listings are driving the most phone calls. We want to know what restaurant buyers are talking about with each of our agents. At the end of the
The time of year definitely impacts both traffic and the number of deals. November 2014 was a very busy month. Many sellers were working to finalize transactions before the 2013 year end. This is a common practice as some want to move capital into an investment before year end for tax purposes while other restaurant buyers simply want to ring in the New Year as a restaurant owner.
The most popular restaurant for sale this month actually wasn't for sale - it was for lease! This downtown university location got the most hits and most looks. We have presented several letters of intent to the
The second most popular restaurant for sale was a Marietta opportunity offered by restaurant broker John Sparks. This
A second listing in the downtown Atlanta offered for lease by Restaurant Broker Eric Gagnon brought a lot of looks and was the third most popular listing for the month. This second location on a college campus brought a number of buyers to the table for a look and we expect a confirmed offer by early 2015.
The interest for buyers in quick service restaurants was evident by the strong number of inquiries on this turnkey space in Deerfield Beach Florida. Not only did the listing generate lots of inquiries but Ken Eisenband, We Sell Restaurants franchisee in South Florida feels confident he'll have this on under contract any day now.
A new listing for the month, a diner in Tallapoosa Georgia with a retro feel and lots of space was the next most popular listing by the restaurant brokers. This diner that features a ridiculously low rental rate. The lease is only $1200 a month for 4000 square feet. This business, outside the metro Atlanta market is a great opportunity for someone who wants to relocate to the south and experience small time living with very low fixed costs
A waterfront restaurant for sale on the lake brought out multiple buyers. While a competitor to the restaurant brokers had this listed for months without a single contract, we had it sold in a matter of days! We have backup offers on this one so don’t look
Chicken wings have to be one of America’s top food groups and this Chicken Wings restaurant for sale in Brookhaven make it onto the top ten restaurants for sale list the very first month it was listing. We are waiting on offers to wrap this one up for a new buyer to purchase early in 2015.
Delray Beach Florida, home to restaurant broker franchisee Ken Eisenband drove lots of looks and activity on an Italian and Pizza Restaurant for sale in a high volume plaza. The inexpensive price point (under $50,000) generated a lot of interest for this fully equipped restaurant with a double stack pizza oven.
Atlanta suburbs continue to generate strong growth among the “urban sprawl” of the marketplace so this former restaurant for lease space with a grease trap in place got lots of buyers interested. It came in at number nine on the top ten list of restaurants for sale.
The tenth place finish was for a Subway restaurant in the Atlanta metro area. This unit, priced under $100,000 and with very low monthly rent allows for an owner/operator to make a nice income.
All said, November 2014 was a busy month for restaurant brokers! The top ten listings resulted in more hits to our powerhouse website and more buyers than any other November in history. We continue to post new listings daily and will publish December results along with our annual version of the Top Ten Restaurants for Sale early in the New Year.
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Topics: buying a restaurant