The best restaurants for sale in July of 2020 were centered on strong bargains and low price points as those seeking a strong value in the current environment racked up calls, clicks and visit to the We Sell Restaurants website.
Pizza, which has continued to perform well for the entire year, made up twenty percent of the mix. Pricing was important to those buying restaurants as nine out of the top ten came in priced at $99,000 or less.
Restaurant buyers also focused their attention on franchises with 40% of the top ten listings leading with a national name brand ranging from Jimmy John's to Moe's. We will continue to monitor the market reaction to the latest restaurants for sale which can be found online.
Overall activity was strong and buyers are engaged for the right businesses.