Thinking of buying your own restaurant? December 2022 marked the final leg of a strong year of restaurant turnover. With hundreds of Restaurants for Sale, We Sell Restaurants analyzed which concepts attracted the most attention during the last leg of 2022. Whether you were looking for fine French cuisine, delicious Italian dishes, or even exotic Asian delicacies - there was something for everyone. Take a look back at some of the best restaurants for sale in December 2022 — it may just help you decide where to start investing 2023.
We Sell Restaurants observes the number of signed Confidentiality Agreements to gauge buyer interest in the available restaurants for sale on our website. Here were the best restaurants for sale in December 2022:
With a restaurant for sale under $100,000 in the top position, it is clear that buyers are looking more for these low-cost investment opportunities to get into the restaurant business. In fact, 4 of the top 5 were opportunities under $100k.
Restaurants priced to sell clearly caught attention right away—who would resist the chance to own a restaurant at just $53,000?
Once again, Florida markets have shown great opportunities for buyers, as you will observe on this list of best restaurants for sale.
Restaurants with the equipment in place meant buyers could bring their own concept to life at a fraction of the cost of a brand new build out, and in a fraction in the time, too.
Our list cracks the $100k mark at number 5, which was a multi-unit opportunity for a franchise restaurant for sale.
Talk about a steal! Buyers certainly wanted to know what opportunity was available at under $50k.
As the highest ticket item on the best restaurants for sale in December 2022, this brand new restaurant still captured buyer attention. The updated buildout and 2COP beer and wine license may have contributed to increasing buyer activity.
Great opportunity to invest and create your own success with this restaurant available in Colorado! Buyers seemed intrigued to learn more about the entertainment opportunity in this restaurant's build-out, which includes a patio and large stage for live music.
Buyers were intrigued at the opportunity to own a brewery at such a mild investment. Sales of over $100,000 were attractive, too.
Overall, the restaurant brokers observed strong interest from buyers even through the final stretch of 2022. Our buyers gave the most attention to low-cost investments with convertible concepts. What will 2023 hold for the restaurant industry? Revisit the We Sell Restaurants blog for more updates and advice on buying and selling restaurants.
Ready to buy a restaurant in 2023? Start browsing hundreds of restaurants for sale on our website, or get started by reading our free e-book on Buying a Restaurant available below.
Robin Gagnon, Certified Restaurant Broker®, MBA, CBI, CFE is the co-founder of We Sell Restaurants and industry expert in restaurant sales and valuation. Named by Nation’s Restaurant News as one of the “Most Influential Suppliers and Vendors” to the restaurant industry, her articles and expertise appear nationwide in QSR Magazine, Franchising World, Forbes, Yahoo Finance, and BizBuySell. She is the co-author of Appetite for Acquisition, an award-winning book on buying restaurants.