Best Restaurants for Sale June 2020

Posted by Robin Gagnon on Jul 10, 2020 3:13:07 PM

 

Here's a look at the top restaurants for sale in June 2020.  Unlike previous months where pizza concepts dominated the rankings, we have a healthy mix of restaurants in this top ten. Everything from sandwich concepts to coffee shops to Tex-Mex food franchises have made the list.

Here's a closer look at the concepts that are grabbing attention, generating clicks and sending buyers to our Certified Restaurant Brokers for more details.

Listing ID:7609 Restaurant Broker Robin Gagnon    
Be An Instant Multi-Unit Owner with these Franchises for Sale With $2.2 Million in Sales
Lease: 10 Year Leases
Monthly Rent: $3300,2200,5224,3975,
Inside Sq. Ft. 1920,1400,1800,1451,
Outside Sq. Ft.
Price:$395,000
Robin Gagnon
(404) 800-6700
Topping our list is a rare four-store sandwich franchise package deal in sunny Texas, with one of the units containing a coveted drive-thru. While we have quite a few two and three-store package deals available for purchase, it truly is a once-in-blue-moon occurrence for us to serve up a four store package deal. Boasting over $2 million in combined sales for 2019 and aggressively priced at $395K for all four units, it's no wonder this listing took our number one spot. 
Listing ID:7685 Restaurant Broker Bob Steinberger    
Profitable Coffee Shop & Deli for Sale in Mountains!
Lease: 2 years left and 3 - 3 year options
Monthly Rent: $2778,
Inside Sq. Ft. 1600,
Outside Sq. Ft. Over 1000
Price:$75,000
Bob Steinberger
(303) 901-4938
Location, location, location! Coming in at number two is a quaint deli nestled in the foothills of Colorado and featuring breathtaking views of the surrounding mountains. Besides featuring absolutely stunning scenery, this deli remains profitable while being run by an absentee owner and having limited breakfast and lunch hours. This listing is brimming with potential, as there's no doubt that a hands-on owner operator could take over and squeeze more profits out of an already successful business model, all while enjoying the gorgeous mountain scenery. 
Listing ID:7562 Restaurant Broker Ken Eisenband    
Restaurant for Sale in Fort Lauderdale - FLASH SALE - ENDS JUNE 30
Lease: Expires January 31, 2022 + 3 (5 Year) Options
Monthly Rent: $3691,
Inside Sq. Ft. 1420,
Outside Sq. Ft. 500
Price:$135,000
City:Fort Lauderdale
Ken Eisenband
(561) 350-3365
Rounding out our top three is an established and very profitable sub shop in hip downtown Fort Lauderdale. Built upon nearly half a century of history and goodwill, a potential new owner is in a position to take over and build upon the existing loyal clientele and strong cash flow. Featuring a healthy catering and takeout business, this sub shop feeds a massive customer base that commutes to the nearby office buildings for work. Current business hours see the sub shop closed by 2pm Mon-Sat, so an owner-operator can enjoy all the fun and sun that comes with working and living by the beach. 
Listing ID:7276 Restaurant Broker Ken Eisenband    
Sandwich Shop for Sale in Lauderdale by the Sea - Thrived during Covid19
Lease: Expires on May28, 2024
Monthly Rent: $4926.34,
Inside Sq. Ft. 1200,
Outside Sq. Ft.
Price:$69,000
City:Lauderdale By the Sea
Ken Eisenband
(561) 350-3365
Number four on our list is another sandwich shop in sunny Lauderdale By The Sea. It is priced extremely aggressively as the owner must sell due to health issues. Featuring excellent visibility and amazing online reviews, this listing is full of potential for a new owner-operator. With very little in the way of nearby competition and anchored by a mega grocery store, this location guarantees high foot traffic for years to come. When it comes to bang-for-your-buck, this listing is a true gem. 
Listing ID:7347 Restaurant Broker Justin Scotto    
Jimmy John's Sandwich Franchise For Sale New Location Low Price
Lease: 10 year lease
Monthly Rent: $3469.52,
Inside Sq. Ft. 1295,
Outside Sq. Ft.

Price:$45,000

Justin Scotto
(704) 609-4460

Next on our list is a powerhouse Jimmy John's franchise located in beautiful North Carolina listed for a shockingly low price. Built in 2019, this Jimmy John's still has "new restaurant smell" and is selling at 1/10th the cost of opening a brand new location. It is mind-blowing to think that a buyer can purchase this newly constructed mega franchise for the cost of a new truck or SUV. Low rent is icing on the cake for this one-of-a-kind steal of a listing!
Listing ID:7614 Restaurant Broker Ken Eisenband    
Pizzeria and Italian Restaurant for Sale in Boca Raton All Serious Offers Considered
Lease: expires January 31, 2024
Monthly Rent: $4730,
Inside Sq. Ft. 1590,
Outside Sq. Ft. 200
Price:$65,000
City:Boca Raton
Ken Eisenband
(561) 350-3365
Our third listing in South Florida to make this top ten list, we have an Italian Restaurant situated in a busy Publix-anchored shopping center with tons of foot traffic and visibility. Like many of the other listings to make the top ten, this restaurant is offered at bargain-basement pricing and is completely turn-key. With 15 years of goodwill and brand recognition built up by the previous owners, this restaurant represents a rare opportunity that is brimming with potential.  
Listing ID:7691 Restaurant Broker Robin Gagnon    
Three Store Package of Moe's Franchises for Sale with $2.8 Million in Sales
Lease: East Location Different
Monthly Rent: $11582.86,10646.28,6693.13,
Inside Sq. Ft. 2350,3383,3500,
Outside Sq. Ft.
Price:$295,000
City:Boston
Robin Gagnon
(404) 800-6700
Attention investors! This three-store package of Moe's Franchises offers the opportunity to instantly become a multi-unit owner for a powerhouse brand in the city of Boston. While many of our Florida and Texas listings are popular due to the year-round warm weather, Boston is a beautiful city in picturesque New England for those who enjoy a more varied climate. With combined sales of over $2.8 Million, these three units will easily net an owner-operator earnings of $100K.  
Listing ID:7490 Restaurant Broker Chris Gordon    
Event space perfect as a Coffee shop for sale
Lease: Negotiable
Monthly Rent: $3600,
Inside Sq. Ft. 1850,
Outside Sq. Ft.
Price:$29,000
City:Denver
Chris Gordon
(303) 594-4247
Attention artist-entrepreneurs! This versatile mixed use space is primed for use as a coffee shop or bar and features a chic and modern build-out with high-end furniture and fixtures. Offered at only $29K, this asset sale represents a complete steal. Denver is still one of the fastest growing cities in the US and is a thriving setting for a hip coffee shop, modern workspace, or trendy bar set inside of this fully furnished space. Don't let this unique and incredibly affordable opportunity pass you by!
Listing ID:7671 Restaurant Broker Jeff Marcus    
Turn Key Restaurant for Sale -- Motivated Seller Recently Reduced
Lease: Expires 06/30/2024
Monthly Rent: $5347.00-
Inside Sq. Ft. 1544-
Outside Sq. Ft.
Price:$49,900
City:Boulder
Jeff Marcus
(970) 373-8205
Here we have yet another Colorado restaurant to make our top ten list, this time located in beautiful Boulder! Priced at less than $50K, this quick serve restaurant situated near the University of Boulder represents yet another incredible deal. Packed with high-end equipment and featuring plenty of parking and very reasonable rent, this motivated seller is open to hearing all offers. If owning your own restaurant in the beautiful Centennial State is something on your bucket list, then make an offer before this opportunity is gone! 
Listing ID:6826 Restaurant Broker Dave Duce    
Only $20,000! Change to any concept. Austin Wing Franchise for Sale.
Lease: expires December 2021 + 5 year option
Monthly Rent: $7200,
Inside Sq. Ft. 1800,
Outside Sq. Ft. 150
Price:$20,000
City:Austin
Dave Duce
(512) 773-5272

Rounding out our top ten is a proven wing franchise for sale with a price that is completely out-of-this-world! For $20K, or the price of a new economy car, you can be your own boss in the hip city of Austin, Texas. Packed to the brim with recent upgrades, the previous owner's loss becomes the new owner's gain. It is completely unheard of to get a fully built-out, fully permitted open and operating franchise in Austin (or anywhere in the country) for less than this. With carry-out and delivery representing the majority of this restaurant's business, this is a concept that can weather a pandemic and that is primed to deliver a return on investment for a new owner!

 


 

 

Stay tuned for next month's top ten list and continue checking our blog as The Restaurant Brokers dish out vital information and updates for restaurant owners and enthusiasts! 

Robin slug photo

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.

Download the Free Guide to Buying a Restaurant

 

Topics: Buying a Restaurant

New call-to-action