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Top 10 Best Restaurants for Sale in March 2023

Written by Robin Gagnon | Apr 4, 2023 9:30:43 PM

 

The numbers are in! Browse the latest list of Top 10 Best Restaurants for Sale online today. We Sell Restaurants took stock of the number of calls, clicks, and signed confidentiality agreements on our restaurant for sale listings during the moth of March. The restaurants with highest level of engagement earned a place on this month's top 10 list. 

 

Trends from the Top 10 List of Best Restaurants for Sale

Based on the list of Best Restaurants for Sale, here were details that stood out to us:

Pizza is Still Popular - Three of the top 10 restaurants for sale were pizza concepts, showing us that buyer interest in this classic concept has not slowed down. In fact, pizza concepts have made the top 10 list every month so far in 2023!

Florida is on Fire - Four of the top 10 restaurants for sale were restaurants located in Florida markets. taking over nearly half of the list, it is clear that there is a large audience of buyers in Florida, or looking to move to Florida to start their business. 

Price Ranges Fluctuated - Restaurants that made the top 10 list were split even on price range with half listed under $100k and the other listed over $100k. There were no clear signs to a specific price range that buyers gave the most time to, although restaurants for sale in the top 10 did not exceed a listing price of $599,000.

Take a look at the most popular restaurant for sale listings of March 2023:

Listing ID:9564 Restaurant Broker Chris Gordon    
Profitable Sports Bar For Sale in Denver - Game On
Lease: 5 years expires 2027
Monthly Rent: $3700,
Inside Sq. Ft. 3350,
Outside Sq. Ft.
Price:$225,000
City:Denver
Chris Gordon
(303) 594-4247

The most popular restaurant for sale on We Sell Restaurants Restaurant for Sale marketplace in March 2023 was this Profitable Sports Bar in Denver, CO. 

Listing ID:9682 Restaurant Broker Ken Eisenband    
Restaurant for Sale in Downtown Boca Raton, FL–Pick-up, Delivery, Catering
Lease: Expires April 2023
Monthly Rent: $3558.31,
Inside Sq. Ft. 1000,
Outside Sq. Ft. 100
Price:$125,000
City:Boca Raton
Ken Eisenband
(561) 350-3365

Advertised as perfect for a pizzeria, this unique opportunity in a great location caught buyer attention throughout the month. 

Listing ID:9587 Restaurant Broker Dave Duce    
Fully equipped and permitted 2nd generation Restaurant for Sale in Austin
Lease: expires May 2026
Monthly Rent: $5490,
Inside Sq. Ft. 1200,
Outside Sq. Ft. 400
Price:$70,000
City:Austin
Dave Duce
(512) 773-5272

Buyers looking for low-cost opportunities to bring their concept to a second-generation space likely took interest in this listing in Austin, TX. 

Listing ID:9705 Restaurant Broker Chris Gordon    
Prime Location Restaurant Space for Lease Landlord Seeks Pizza or Ice Cream
Lease: New Lease Negotiable
Monthly Rent: $XX,
Inside Sq. Ft. 758,1152,
Outside Sq. Ft. 0
Price:$15,000
City:Denver
Chris Gordon
(303) 594-4247

A huge price reduction on this Colorado listing may have helped attract enough buyers last month to give it a space on our top 10 list this month. 

Listing ID:9698 Restaurant Broker Eric Gagnon    
Sports Bar for Sale Earning Owner/Operator Six-Figures! Full Liquor License
Lease: Expires 2024 with one five-year option remaning
Monthly Rent: $8305,
Inside Sq. Ft. 5126,
Outside Sq. Ft.
Price:$275,000
City:Houston
Eric Gagnon
(404) 800-6700

Liquor licenses can be tricky to understand and difficult to obtain depending on your state's liquor license laws. It's always a plus when you want to own a bar and can buy a bar for sale with a liquor license already in place!

Listing ID:9703 Restaurant Broker Mel Ferioli    
Bring your own concept to this Orlando, Florida Restaurant for Sale
Lease: To be Negotiated
Monthly Rent: $4000,
Inside Sq. Ft. 1500,
Outside Sq. Ft.
Price:$85,000
City:Orlando
Mel Ferioli
(407) 832-6265

Another restaurant listing with a low-cost investment and high-potential opportunity to bring a new restaurant concept life makes the list! 

Listing ID:9441 Restaurant Broker Don Mason    
Well Established Breakfast and Lunch Restaurant for Sale in St Pete Florida
Lease: 1, 5yrs
Monthly Rent: $1171,
Inside Sq. Ft. 1100,
Outside Sq. Ft.
Price:$79,900
City:St Petersburg
Don Mason
(727) 470-8423

This restaurant is priced to sell and receiving plenty of attention from buyers.

Listing ID:9665 Restaurant Broker Ken Eisenband    
Restaurant for Sale on Las Olas Boulevard – Fort Lauderdale, Florida
Lease: Expires March 1, 2030
Monthly Rent: $10013,
Inside Sq. Ft. 1771,
Outside Sq. Ft. 1586
Price:$599,000
City:Fort Lauderdale
Ken Eisenband
(561) 350-3365

With the name of one of the most popular streets in all of Ft. Lauderdale in the headlines, it's no wonder that buyers clicked to learn more about this restaurant opportunity.

Listing ID:9104 Restaurant Broker Ken Eisenband    
Restaurant for Sale in Fort Lauderdale - Great Location and Lease in Place
Lease: May 31, 2030
Monthly Rent: $2750-
Inside Sq. Ft. 1200-
Outside Sq. Ft. 100
Price:$105,000
City:Fort Lauderdale
Ken Eisenband
(561) 350-3365

Buyers are still interested in this Fort Lauderdale listing, likely for its attractive lease and opportunity to bring your own concept!

Listing ID:9684 Restaurant Broker Chris Gordon    
Fully Equipped Independent Pizza Restaurant for Sale Priced to Sell!
Lease: Ends Oct 21, 2023
Monthly Rent: $3940,
Inside Sq. Ft. 1300,
Outside Sq. Ft.
Price:$79,000
City:Aurora
Chris Gordon
(303) 594-4247

Closing out the top 10 list of best restaurants for sale is another pizza restaurant! Low-cost, classic concept, and prime location.

We Sell Restaurants is your go-to resource whether you are buying a restaurant or selling a restaurant on the market today. Check back on our blog weekly for news and answers to questions that buyers and sellers have in the industry today.