July 2024 Breaks Records for Sales at We Sell Restaurants

Posted by Robin Gagnon on Aug 16, 2024 3:11:01 PM

 

Despite persistent economic challenges such as sustained inflation, a fluctuating stock market, and ongoing unemployment, July 2024 was a standout month for restaurant sales at We Sell Restaurants. The company achieved its highest-ever number of sold transactions in its more than 20-year history.

This remarkable performance underscores that, even in uncertain times, selling a restaurant can be a smart move. Sellers wondering if now is the right time should consider speaking with a Certified Restaurant Broker to explore their options and learn about these exceptional results.

Here are three standout examples of restaurant sales that were finalized in July with the help of We Sell Restaurants' Certified Restaurant Brokers.

➡️ Picasso's Sports Café, Charlotte, North Carolina Justin Scotto’s team completed the sale of Picasso's Sports Café, a local favorite, in just four months from listing to closing. The seller, Donald, who had owned and operated the café since 2002, was ready to retire. The large facility, seating 122 inside and 18 outside with a full liquor license, was ideal for Thakur, the buyer who operates Oasis Sports Café, LLC.

Certified Restaurant Broker Sally Doran of the We Sell Restaurants North Carolina team facilitated   the sale. Thakur praised her work, saying, "There are many brokers on BizBuySell, but none I trust more than Sally and her team. When I see her name on a listing, I know it’s genuine and that I can quickly reach out for more information."

➡Read also - 10 Things a Restaurant Broker Does to Get to Closing

➡️ Nature's Table, Clearwater, Florida Certified Restaurant Broker Don Mason from the We Sell Restaurants St. Petersburg team successfully managed the sale of Nature's Table to new owners Greta and Besmir Berboti. The Berbotis purchased the breakfast and lunch franchise in a large office complex and college campus to meet the requirements for their E-2 visa, a pathway to U.S. residency. 
 
E-2 visa transactions require specialized knowledge, and We Sell Restaurants' brokers are well-versed in the complexities of these deals. Greta and Besmir expressed their appreciation for Don's expertise, stating, "If you are looking for a professional and reliable agent who delivers positive results, we highly recommend Don. His passion for what he does and his broad experience in the food business made all the difference."

 

➡️ Whitcher Street Café, Marietta, Georgia In another successful sale, Certified Restaurant Broker Jeff Heidt facilitated the transfer of Whitcher Street Café, a beloved local spot in Marietta, Georgia. The café, with 30 seats, had been run by the sellers for nine years before they decided to retire. The new owner, Niki Ginel, found the perfect match for her dream of owning a small, community-focused café.

Jeff






 

 

Pictured: Certified Restaurant Broker® Jeff Heidt with buyers and sellers of The Whitcher Street Café

Conclusion: A Banner Month for Restaurant Sales

Overall, July 2024 was a landmark month for restaurant sales with We Sell Restaurants, and momentum is continuing as more deals head toward closing. If you’re considering selling your restaurant, now may be the perfect time. Reach out to a Certified Restaurant Broker to discuss your options and take advantage of the current market conditions.  Overall, it was an incredibly successful month for those buying a selling a restaurant with the firm and deals continue to push toward closing.

Sample of ⭐⭐⭐⭐⭐Google Reviews for the Month:

Capture-Aug-16-2024-04-31-05-9628-PM

Capture-Aug-16-2024-04-31-53-7425-PM

Screenshot (14)

Screenshot (15)

Download the Free Guide to Selling a Restaurant

Topics: Buying a Restaurant, Selling a Restaurant, Seller Stories

New call-to-action