By looking at the listings that were most popular this month, we can learn what buyers are looking at, and often see a trend.
The trend this month is obvious to us, as nine out of ten of the restaurants for sale are open and operating! With only the one lease space making it to our top ten, our buyers have made it pretty clear that what they’re looking for right now is to take over an existing restaurant, rather that starting with their own concept.
These two Smashburger locations are successful and producing income, it’s no wonder they’ve topped our list for the month! Tallahassee is in the sunny state of Florida, where we have our home office, which happens to have no state income tax, which is of course an incentive driving buyers interest in these locations.
This adorable, traditional diner serving up a southern twist on East-Coast diner food, has proven itself to the locals of the town, earning a whole cast of regulars. With consistent food and performance, this diner has earned a number ONE rating for breakfast and brunch restaurants in the city! Everything is set up and clearly running well, all it needs now is a new owner!
This microbrewery in Colorado is one of two on our list this month not from Georgia or Florida, but not without good reason. This fantastic Brewery has a Manufacture and Wholesale License that will transfer, as well as several accounts for off-premises sales that are also included. There is a Master Brewer willing to stay on a permanent basis, which is a rare gift to a new brewery owner!
Well-reviewed and profitable, this next restaurant on our list features a bar, and has made it onto our top ten list, despite not being on the market for even two whole months! Clearly there’s something special about this Tex-Mex restaurant, maybe it’s the verifiable success even with it being a relatively new restaurant, maybe it’s the fantastic location!
Another restaurant that has made it far in few days, this café has been on the market less than a month, and has just rocketed up to our top ten! With this kind of attention, it should sell quickly, but we feel like it would anyway, it’s adorable, has a fantastic price and rent, and is in an amazing main street location! With the potential to grow that this café provides, it’s easy to see why it’s so popular!
The next listing on our top ten list this month is our only lease space this month, but it’s as popular as it’s ever been! It’s perfect for anyone who has their concept already, but just needs a space to put it in place! A second-generation lease space, like this one, has advantages over spaces that have not previously had open and operating restaurants in them. Things like the restaurant infrastructure like an in-ground grease trap and a hood system are already in place!
This restaurant is open, but is approved for almost any concept by the landlord and is a fantastic opportunity to grow a business! With a fully equipped kitchen, below market rent, and a lease that’s valid through 2024, it’s easy to see why this restaurant is so popular with buyers. This location has an amazing price that is attracting a lot of attention, but all the other great features are what keeps people coming back!
This Profitable pizzeria in Palm Beach County has developed a loyal following in customers, and a new following in potential buyers! Already on out top ten list this welcoming pizzeria is fully equipped is one of two restaurants on our list in Florida, and is just waiting to welcome a new owner with open arms and no income tax!
Rounding out the top ten this month is the only restaurant in Texas to make the list, and it’s a franchise location brimming with potential! Part of a growing franchise this restaurant blends the simplicity of a pizzeria and the freshness of an upscale Italian eatery, serving high quality food in a fast-casual dining environment. With the current owner leaving the country, they won’t be backing out of this incredible deal!
All but one of the listings on our website that made it to the top this month were open and operating restaurants, pretty clearly telling us what buyers are looking at. But we also learned where they’re looking, with 60% of this month’s list being restaurants in Georgia, although 20% was from Florida, and Texas and even Colorado made appearances. No matter where you’re looking, if you haven’t found the right one yet, the restaurant brokers can help you.
Check out all of our 300+ listings online at wesellrestaurants.com