Top 10 Best Restaurants for Sale - August 2023

Posted by WSR Operations on Sep 1, 2023 2:25:33 PM

 

When it comes to the bustling restaurant industry, staying informed about frequently sought-after concepts and opportunities can be a quick way to gauge buyer interest in the market today. Each month, We Sell Restaurants analyzes buyer activity on our Restaurants for Sale to compile a list of the top 10 most popular listings. These best restaurants for sale are ranked based on how many calls, clicks, and signed confidentiality agreements each listing received over the last month. This list can show us which types of concepts, locations, and investment ranges buyers have shown the most interest in recently. Keep in mind that activity can vary month to month based on market conditions as well as personal preferences and goals. 

Before we dive into the top 10 best restaurants for sale of August 2023, here is an overview of trends we noticed last month:

Key Trends Details/Insights
Size Variation Ranges from 531 Sq. Ft. to 7000 Sq. Ft.
Lease Expiry Most have 3-6 years left, a couple are expired or up for negotiation.
Popular Locations Naples, FL (3 listings), Austin, TX (2 listings)
Monthly Rent Variation From $1,588 to $25,821.56; highest in Naples for the 7000 Sq. Ft. space.
Outside Space 50% have no mention or don't offer outside space; others have SMALL or LARGE outside area.
Price Range $25,000 to $295,000

As you can tell, there are a spectrum of buyers looking at a range of different opportunities. Let's take a closer look at these most 10 most popular restaurants for sale last month:

 

 
Listing ID:10158 Restaurant Broker David Whitcomb    
Well Equipped 7000 SF Second Gen. Restaurant Space for Lease End Cap Naples
Lease: expires March 2029
Monthly Rent: $25821.56-
Inside Sq. Ft. 7000 Sq. Ft.-
Outside Sq. Ft. SMALL
Price:$125,000
City:Naples
David Whitcomb
(239) 300-5041

Listing ID:10179 Restaurant Broker David Whitcomb    
Restaurant for Sale in High Traffic Area of Naples Florida
Lease: expired June 2023
Monthly Rent: $3140.49,
Inside Sq. Ft. 1176,
Outside Sq. Ft. NO
Price:$125,000
City:Naples
David Whitcomb
(239) 300-5041

Listing ID:9489 Restaurant Broker Jeff and Kim Heidt    
Marietta Turnkey Restaurant for Sale. Amazing Price. Keep or Convert.
Lease: Expires 4/20/2025
Monthly Rent: $2389,
Inside Sq. Ft. 1400,
Outside Sq. Ft.
Price:$65,000
City:Marietta
Jeff and Kim Heidt
(770) 366-4063

Listing ID:10175 Restaurant Broker Dave Duce    
Impressive 2nd Generation Space - Restaurant for Sale in West AUSTIN!
Lease: expires Jan 31, 2025
Monthly Rent: $21000,
Inside Sq. Ft. 7000,
Outside Sq. Ft. LARGE
Price:$295,000
City:Austin
Dave Duce
(512) 773-5272

Listing ID:10157 Restaurant Broker Ron Uphouse    
Priced at 1 year profit (75,000) this Pizza Shop for Sale place won't last!
Lease: 3 years expires June 30, 2026
Monthly Rent: $1588,
Inside Sq. Ft. 1000,
Outside Sq. Ft. NO
Price:$75,000
City:Denver
Ron Uphouse
(303) 324-3518

Listing ID:10250 Restaurant Broker Hannah Eisenband    
Coral Springs Restaurant Space for Lease- Ideal for Pizzeria and Italian
Lease: To be negotiated
Monthly Rent: $9028,
Inside Sq. Ft. 2250,
Outside Sq. Ft. NO
Price:$0
City:Coral Springs
Hannah Eisenband
(561) 859-1819

Listing ID:9996 Restaurant Broker Robin Gagnon    
Firehouse Subs Franchise for Sale Earning Owner over $120,000
Lease: Valid through July 1 2026 with 3 four year renewal options
Monthly Rent: $4500,
Inside Sq. Ft. 1800,
Outside Sq. Ft.
Price:$275,000
City:Orlando Area
Robin Gagnon
(404) 800-6700

Listing ID:10203 Restaurant Broker Dave Duce    
Open and Operating Restaurant for Sale in N Austin - keep or change concept
Lease: expires 2029
Monthly Rent: $4045,
Inside Sq. Ft. 1800,
Outside Sq. Ft. SMALL
Price:$165,000
City: Austin
Dave Duce
(512) 773-5272

Listing ID:10040 Restaurant Broker David Whitcomb    
$25K Key Money for Deli, Smoothie or Bagel Shop for Sale Naples-You Decide
Lease: expires December 2026
Monthly Rent: $3271.03,
Inside Sq. Ft. 531,
Outside Sq. Ft.
Price:$25,000
City:Naples
David Whitcomb
(239) 300-5041

Listing ID:10131 Restaurant Broker Brittney Gates    
Fully Equipped Restaurant in Daytona Beach, FL! Beer and Wine License!
Lease: November 2024
Monthly Rent: $3309.99,
Inside Sq. Ft. 2400,
Outside Sq. Ft.
Price:$89,999
City:Daytona Beach
Brittney Gates
(386) 338-8348

Once again, Florida listings have dominated the top 10 best restaurants for sale with six the top 10 being from this market. And once again, Texas and Georgia markets joined Florida as one of the most popular markets based on our buyers traffic to these listings. However, these restaurants for sale are just a glimpse at where buyers are looking to achieve their dream of restaurant ownership. We Sell Restaurants operates in 45 states nationwide and markets to more than 100,000 buyers across the country, all with a unique dream of concept, location, price, role, and more. 

If you have ever considered selling your restaurant, Contact a Certified Restaurant Broker® near you for a free, confidential, no obligation restaurant evaluation. Our industry knowledge and unrivalled processes help restaurant owners market their business effectively, while protecting its identity, to maximize price and reduce days on market. 

Looking to buy? Browse hundreds of restaurants for sale available now. 

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Topics: Restaurants for Sale

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