Looking for the best restaurants for sale nationwide? You're not alone. Our buyers spent a lot of time looking at great businesses all over the country but these hit the top ten! The results of the July 2018 list signal continued strong growth in the market and buyers willing to assume more risk. Here's why.
For the first time in a long time, the top ten restaurants for sale were dominated by buyers willing to invest in space and develop their own concepts. Four out of the top ten or 40% were restaurant space for lease opportunities. In the opinion of this restaurant broker, that means higher risks are being assumed and overall, more confidence in the marketplace as people invest in new concepts rather than established ones with cash flow. That's a great signal for continued strong restaurant sales growth on top of recent economic news that the GDP growth rate for second quarter hit 4.1 percent.
In addition to restaurant space for lease, buyers also logged a lot of looks at a food truck, another business that will be developed with a new concept. Here's the update on everything getting attention for the month.
The number one listing for the month was a restaurant space for sale in the Buckhead neighborhood of Atlanta, GA. An area with a high income bracket, Buckhead is "where new money parties and old money lives." This led to strong activity on a fantastic location. This nearly 2300 square foot space with a fully equipped kitchen has unlimited potential for any concept! With seating space for 80 guests inside and an extra 24 outside on the patio, which is used most of the year!
These Three smoothie king units have shot up on our list this month, they weren’t even in contention last month and this month this is our second hottest listing! And it’s easy to see why! These three fully open and operating locations are with one of our most popular business opportunities, and it’s a simple to operate concept! In a part of Georgia known for it’s beauty, fully equipped franchise locations are just sitting pretty, as they wait for their new owner! This listing, priced at $749,000 shows restaurant buyers are looking hard at higher priced listings, another sign of a strong marketplace. .
The second lease space to make the list was also in Georgia. This one features a 1500+ Square Foot second Generation Restaurant for lease with in-ground grease trap and hood system in Roswell. What is second generation space? It means this restaurant space for lease was previously operating and open. The great thing about opportunities like this is the existing infrastructure in place makes your build out way easier! This restaurant space for lease is in a heavily populated area with high traffic counts, and pure potential! Bring your offers. This one won't last.
A Boca Raton listing priced to sell made the top five, bringing Florida into the mix. This newly remodeled restaurant for sale in beautiful Broward County Florida is just minutes from the beach, how could it not be popular? With a money-making concept and a fully equipped kitchen near two universities, this restaurant has a recipe for success that’s hard to beat!
Much like the listing on the top of our list this month, this restaurant space for leasee has amazing potential! Just a short ride away from Metro Atlanta’s top attractions, and the build out is already done! A fully equipped kitchen and front of the house means this space is turn-key ready, and just waiting for a new owner to step up to the plate.
One of our three listings that’s a repeat on this list from last month, this sandwich shop in Tamarac, Florida is in contract! It was so popular that excited new owners have already swooped in to make it their own! This little sandwich shop will bring joy to the new owners, whether they continue the concept or bring a new one in.
A first for us is a food truck on out top ten list! A profitable business, the owner is selling for family reasons, but understandably didn’t want the business to go to waste. Perfect for the Austin, Texas climate, this food truck even has a permanent location with no rent! This is an amazing opportunity and there’s no wonder that it’s so popular!
This fully-equipped restaurant space for lease was one of three on this list last month, and we’re surprised to see them all back this month! With as popular as this lease space has been, it’s amazing that nobody has snapped it up and put their own concept in place! It hasn’t been on the market for very long, but with all the attention it’s been getting, we don’t expect it will stay on the market for too much longer!
This next restaurant on our list has been popular with potential buyers, but that’s no surprise, since it’s been popular with guests for 23 years! The seller clearly knows the secrets to success, and he’s willing to share! This longstanding restaurant for sale comes with all the benefits of a well established restaurant, with none of the work to get it there, why would anyone decided they don’t want that?
Rounding out our list this month is a fully equipped Indian restaurant in the greater Atlanta area. In a 2400 square foot space, this restaurant has room for 80 guest inside and room for a further 10 guests to sit outside and enjoy the beautiful weather. With a full recipe band and dedicated staff that will remain, any new buyer could be making money immediately.
From restaurant space for lease with buyers willing to take a risk to high value listings. It's been a banner year for restaurant sales and the trend does not appear to be slowing down. Want to see more great restaurants for sale like these? Visit our inventory of nearly 300 listings online at wesellrestaurants.com.