The month of January was off the chart with activity, signed confidentiality agreements and buyers seeking new locations. Forget the government shutdown, our buyers didn't stop for a second. Lots of deals went into contract and to the closing table.
What were the most popular restaurants for sale this month? The warm beaches of Delray Beach and Sunrise Florida rose to the top as our buyers looked south in the face of the big chill. We gauge the hottest listings by the number of signed confidentiality agreements, phone and text activity as well as inquiries from online websites. Here's the list ranked from highest to lowest.
Three of the top five restaurants for sale were in sunny south Florida. The number one listing for the month was a sports bar in Delray Beach. Priced to move at $249,000, this has a long-term lease with reasonable rent. Our buyers are still considering whether to place an offer on this one.
The second most popular listing was also in Florida. This was a restaurant space for lease offered by Ken Eisenband in our south Florida office. The easily managed space is only 1,400 square feet and with monthly rent at just $4445, this one is a great opportunity for those ready to do their own concept.
One of our most popular restaurant for sale types is always an office cafeteria. We call this, "the restaurant business with banker's hours." This hot new listing by Steve Weinbaum offers six figure earnings on limited hours. That combination of high earnings with no nights or weekends had buyers calling, texting and signing up online for more information.
Overall, the month was jumping with activity and the top ten restaurants for sale got more looks, click, calls and confidentiality agreements than we have seen in recent time! The cold didn't stop these red hot deals from moving forward. What's in the future? We see continued strong interest in the market. Many deals are closing on restaurants for sale with the temporary life on the government shutdown and SBA lending back in full force.
Want more information on these restaurants for sale or access to our latest listing? Follow this link.