What was on the mind of restaurant buyers in early Spring of 2018? We can tell you. The market made a turn from established franchise restaurants for sale to independent concepts and lease locations. In a surprising twist, only one franchise restaurant for sale location made it onto the top ten list published by the restaurant brokers each month.
We measure the top ten by looking at all the activity on our listings including signed confidentiality agreements, agent outreach by buyers and views on our site and other national websites. The results are recapped below.
Topping off the list this month was a breakfast and lunch restaurant for sale in Coral Springs. The low cost of entry and excellent rent for the market drove buyers to request additional infomation on this gem. We suspect that Franchise Partner and Certified Restaurant Broker Ken Eisenband will have this one in contract shortly.
The top ten delivered some surprising results this month. Most of the focus was on independent concepts or restaurant space for lease. That tells us the marketplace is flourishing with those ready to take the risk on their own concept. It's also a reversal from many months where we see franchise restaurants for sale drive the results of the top ten.
Whether you are in the market for your own concept or plan to buy an existing restaurant for sale, check out our many listings online at wesellrestaurants.com or by clcking any of the links on this page.