What makes a listing hit the "Best Restaurants for Sale" list? We base our report on signed confidentiality agreements, clicks, views, and calls to our Certified Restaurant Brokers. With nearly 500 restaurants for sale, that means these are the top 2% of all listings in our database, the most extensive group of restaurants for sale nationwide. Since our customers are doing the clicking and calling, they are evaluating the options and pushing them into our best restaurants for sale list as the top ten among all activity.
Here is our latest report covering the month of September 2019.
The number one listing is a hybrid location that offers three business operations in one. This listing combines a restaurant, convenience store and truck stop into one home run location. The earnings on this unit are an unmatched $735,000 and the price for the location includes the real estate.
Franchise Partner and Certified Restaurant Broker Justin Scotto recently listed this location which was not ever on the market for the full thirty days making its appearance on the list even more remarkable. Since this qualifies for SBA lending with real estate, the purchase price can be amortized over twenty years with just 15% down. That has our restaurant buyers seriously interested.
There appears to be a trend beginning on this month's report since the second most popular listing was for ten Subway franchises for sale with another very strong earnings level at $240,000 a year. There are plenty of buyers pushing for strong EBITDA on the books and this store group, churning out nearly a quarter million a year in pure earnings was an instant hit among those buying a restaurant. President of We Sell Restaurants and Certified Restaurant Broker, Eric Gagnon is the one fielding the many calls, clicks and confidentiality agreements on this one.
We are seeing a theme come into play as the next on the list of best restaurants for sale is a very strong moneymaker with earnings on the books of $500,000. This Naples Florida location offered by Franchise Partner and Certified Restaurant Broker Dave Whitcomb, has been off the charts with activity even though this listing is in contract already and set for closing. There were multiple offers on this store, driving the actual price much above asking.
From high earnings to high potential, the best restaurants for sale can be on either side of the spectrum. Certified Restaurant Broker Steve Weinbaum was next on the list with a restaurant and bar for sale in Johns Creek that's not returning any profit to the owner and is ready for a new buyer to take over and change the concept. The excellent location in a high income area makes this ideal for a pub, sports bar, or full service restaurant of any kind.
Franchise Partner and Certified Restaurant Broker Dave Duce in Austin Texas put forth a three store franchise for sale package that pushed into the top two percent of all listings with We Sell Restaurants this month. This opportunity, priced in the seven-figure range found many interested buyers and kept the phones ringing all month!
Six figure earnings offered on a quick service franchise for sale brought the Colorado office into the mix with a deal offered by Certified Restaurant Broker Chris Gordan. The location, with a long term lease and option to extend, along with six figure earnings , is priced to move quickly. That caught the clicks of buyers who wanted to know more!
Certified Restaurant Broker Steve Weinbaum was back in the mix with some of the best restaurants for sale in the month of September. Like many of the others that attracted a strong buyer count, this was a multi-unit opportunity in Indianapolis Indiana. Pizza concepts are always strong and this two store group of franchises for sale easily pushed into a top position for inquiring restaurant buyers.
Just sneaking onto the top two percent of all listings, a restaurant space for lease in Decatur Georgia, tipped the scales at position number nine. The attraction of Decatur and strong landlord brought plenty of interest for this location where we assist in preparing your business plan, menu and financial statement for the landlord.
The last listing to make it to the Best Restaurants for sale based on our cutoff of ten listings was a business ripe for change in Lawrenceville Georgia, part of the Atlanta Metro area. Certified Restaurant Broker Dominique Maddox is the listing agent and assisted multiple buyers in their inquiries on this store.
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