The Restaurant Deal That Refused to Die and the Restaurant Dream That Crossed an Ocean

Posted by Robin Gagnon on Jul 28, 2026, 5:18:36 PM

 

Every restaurant sale tells a story, and sometimes two closings from opposite ends of the country tell the same one. Two recent transactions from the We Sell Restaurants team, one in Gilbert, Arizona and one in Orlando, Florida, prove a truth the Restaurant Brokers see play out again and again: when an experienced operator is ready to step back, the right buyer is often someone stepping forward with a brand new vision.

 

In Gilbert, a former sandwich shop is being reborn as a coffee house under an expanding local brand. In Orlando, a franchise owner's exit opened the door for a couple bringing their café concept all the way from Spain. Different states, different concepts, different buyers, and yet the same fundamentals: motivated sellers, qualified buyers, and Certified Restaurant Brokers managing every step in between. Here is how both deals got done.

Deal One: A Which Wich Exit Becomes Buzzed Goat Coffee Co.'s Next Location in Gilbert, Arizona

By Mike Smith | We Sell Restaurants, WSR AZ Chandler

Gilbert sits in the heart of Arizona's East Valley, one of the fastest growing corridors in the country. Restaurant real estate here is in constant demand, and second generation restaurant spaces, meaning locations already built out for food service, are among the most sought after commercial properties in the market. When this listing came available, it offered exactly what a growing concept looks for: existing restaurant infrastructure, a strong trade area, and excellent visibility.

The Seller

Katie and Andy Kosecki were experienced Which Wich franchise owners operating multiple restaurant locations across Arizona. Their decision to sell the Gilbert location was not a reaction to a struggling business. It was part of a larger plan to close and consolidate their restaurant operations, a smart and common move for multi-unit operators refining their footprint. Seasoned owners regularly evaluate their portfolios and make strategic decisions about where to focus their time and capital. When they were ready to move, they turned to Mike Smith, Restaurant Broker for the WSR AZ Chandler territory, to find the right buyer.

The Buyer

Gabe Von Weimer is an experienced business owner and the owner of Buzzed Goat Coffee Co. Gabe saw an opportunity to expand the Buzzed Goat brand into Gilbert, and this location checked every box. The existing restaurant infrastructure meant a dramatically faster and less expensive path to opening than building from the ground up. The strong East Valley market brought the demographics and growth a coffee concept thrives on. And the site's visibility offered the kind of exposure that introduces a brand to new customers every single day.

The Deal

This was a challenging but rewarding transaction, and it stands as a case study in persistence. The listing spent approximately 510 days on the market. Along the way, it generated 4,006 online views, 1,101 buyer interactions, and 214 signed confidentiality agreements. Those numbers reflect the marketing power behind every We Sell Restaurants listing, but they also tell a story about patience. The listing went under contract four separate times with different buyers before the right match arrived.

When Gabe stepped forward, Mike Smith went to work clearing the path. A concept conversion adds a layer of complexity to any restaurant sale because the landlord must approve the new use. Mike helped secure landlord approval for the buyer's new concept and successfully guided both parties through lease assignment, escrow, and closing. The former Which Wich will now be converted into a new Buzzed Goat coffee shop and café, and the East Valley gains another location of a growing local brand.

Deal Two: A Franchise Owner's Exit Opens the Door for a Spanish Café Concept in Orlando, Florida

By Mel Barry-Ferioli | We Sell Restaurants, WSR FL Clermont

Orlando is one of the most dynamic restaurant markets in America, fueled by relentless population growth, a world class tourism economy, and a steady stream of entrepreneurs arriving from across the country and around the globe. Restaurant listings here draw attention from an exceptionally wide pool of buyers, and this transaction shows just how far that reach extends.

The Seller

The seller is a multi-unit franchise owner who had reached a familiar crossroads. He was burned out and wanted to downsize. There is no shame in that admission. Burnout is one of the most common and legitimate reasons restaurant owners decide to sell, and it frequently has nothing to do with how the business is performing. Recognizing it early and acting on it is the mark of a smart operator. He engaged Mel Barry-Ferioli, Restaurant Broker for the WSR FL Clermont territory, to find a qualified buyer and bring the transaction to a clean close.

The Buyer

The buyers are a couple from Spain with a story that spans two continents. They had previously lived in the United States for 10 years before moving back home to Spain. After two years abroad, they decided to return, and they are now pursuing their E2 Visa, the investor visa that allows entrepreneurs to live and work in the United States by acquiring and operating a business.

They are no strangers to the restaurant industry. The couple previously owned a café in Spain, and they are bringing that same concept to Orlando. Their credentials extend well beyond hospitality. They also own a commercial property investment company and bring strong backgrounds in marketing, business management, and investments. Few first time buyers in a new market arrive this prepared.

The Deal

Mel Barry-Ferioli matched a seller ready to simplify with buyers who knew exactly what they wanted. The restaurant fit what the couple was looking for in their concept, and they really liked the location. With a motivated seller on one side and experienced, well capitalized buyers on the other, the transaction closed smoothly. The result: a satisfied seller who achieved his goal of downsizing, and buyers so pleased with the process that they left a Google review for their broker.

The Common Threads

These two deals closed nearly 2,000 miles apart, but they share the same DNA.

In both cases, the seller was an experienced multi-unit operator making a portfolio decision rather than reacting to a problem with the business. That distinction matters enormously to buyers. Purchasing from a seasoned operator means stepping into a location that has been run with professional systems and discipline.

In both cases, the buyer arrived with real experience and a concept of their own. In Gilbert, that meant converting a sandwich shop into the next location of an expanding coffee brand. In Orlando, it meant bringing a proven Spanish café concept to Central Florida. Neither buyer needed the restaurant to stay what it was. They needed the location, the infrastructure, and the opportunity.

And in both cases, a Certified Restaurant Broker managed the moving pieces. In Gilbert, that meant securing landlord approval for a concept change, navigating four previous contracts, and shepherding lease assignment, escrow, and closing across a 510 day marketing period. In Orlando, it meant matching an international buyer's concept and visa journey with the right listing at the right time.

Second generation restaurant spaces do not need to sell to the same concept. They need to sell to the right buyer. These closings show that the right buyer might be an expanding local brand, or an international couple with a dream, and the Restaurant Brokers know how to find them either way.

What These Deals Teach Buyers and Sellers

For sellers, the lesson is that your exit story matters less than your preparation. Whether you are consolidating a portfolio or simply burned out and ready to downsize, buyers respond to well run businesses represented by professionals. Both of these sellers achieved their goals because they engaged a Certified Restaurant Broker who could qualify buyers, protect confidentiality, and keep the transaction moving.

For buyers, the lesson is to look past the sign on the door. The Gilbert buyer did not want a sandwich shop, and he did not buy one. He bought infrastructure, visibility, and a market. The Orlando buyers did not need a turnkey version of their dream café. They needed the right location to build it. The best opportunities often wear a different name than the business you plan to run.

Thinking about selling your restaurant, or searching for the right one to buy? The Restaurant Brokers are ready to help. Call 404-800-6700 or visit WeSellRestaurants.com to get started.

Frequently Asked Questions

Can a buyer purchase a restaurant and convert it to a different concept?

Yes. Second generation restaurant spaces are sold for conversion all the time. In Gilbert, a former Which Wich is becoming a Buzzed Goat Coffee Co. location. The key is securing landlord approval for the new use, a step the Restaurant Broker managed as part of the transaction.

What is a second generation restaurant space and why do buyers want one?

A second generation restaurant space is a location previously built out for food service, typically including hoods, grease traps, plumbing, and other costly infrastructure. Buying one can save an operator months of construction time and six figures in build-out costs compared to starting from an empty shell, which is why these spaces are in high demand.

Does a long time on the market mean something is wrong with a restaurant listing?

Not at all. Some transactions simply take longer to find the perfect match. The Gilbert listing generated over 4,000 online views and 214 signed confidentiality agreements and went under contract four times before closing with a buyer expanding a growing brand. Persistence, not panic, gets deals done.

Can international buyers purchase a restaurant in the United States?

Yes. Many international buyers purchase restaurants while pursuing an E2 Visa, which allows investors to live and work in the United States by acquiring and operating a business. The Orlando buyers are doing exactly that as they return from Spain with a proven café concept.

Is a seller's burnout a red flag for buyers?

No. Burnout is one of the most common reasons restaurant owners sell and often has nothing to do with the performance of the business. A motivated seller who wants to downsize can be the ideal counterpart for a clean, efficient transaction.

Why do multi-unit operators sell individual locations?

Experienced operators regularly refine their portfolios, consolidating operations, redirecting capital, or simplifying their day to day focus. These are strategic decisions, not distress signals, and they create exceptional opportunities for buyers to acquire professionally run locations.

How does a Restaurant Broker help in transactions like these?

A Certified Restaurant Broker qualifies buyers, protects seller confidentiality, secures landlord approval when a concept is changing, negotiates the lease assignment, and manages escrow through closing. Whether the buyer is a local brand expanding into a new market or an international couple navigating a visa process, the Restaurant Brokers guide the deal from first conversation to final signature.

Listing #22290 was represented by Mike Smith, We Sell Restaurants, WSR AZ Chandler.

Listing #26901 was represented by Mel Barry-Ferioli, We Sell Restaurants, WSR FL Clermont.

 

Topics: Seller Stories

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