Top 10 Best Restaurants for Sale of December 2023

Posted by We Sell Restaurants on Jan 4, 2024 9:30:00 AM


With 2024 now underway, the restaurant real estate market is displaying an intriguing array of opportunities for aspiring and experienced restaurateurs alike. Last month's top 10 restaurant listings showcases a diverse blend of culinary ventures, from bustling urban locales to cozy neighborhood spots. Each listing presents its unique charm, whether it's a multi-unit franchise in the heart of Orlando or a quaint café in Deerfield Beach. In this roundup, we delve into the specifics of these top picks, revealing trends in location, type, size, and price, offering insights into the current state of the restaurant market as we step into 2024.

The list of Top 10 Best Restaurants for Sale is based on real buyer traffic to these listings. We Sell Restaurants ranks the restaurants for sale by how many buyers acknowledged confidentiality on each listing. Check out the table below to see which restaurants caught the most attention at the close of 2023:

Listing ID:10303 Restaurant Broker Mid Florida Team    
4-Unit Package Restaurant Franchise For Sale W/ over $3.5 Million in Sales
Lease: Expires 2027 | Expires 2029 | Expires 2031 | Expires 2030
Monthly Rent: $3906,6477,6014,7248,
Inside Sq. Ft. 1200,1500,1700,1601,
Outside Sq. Ft. SMALL
Mid Florida Team
(352) 932-2990

Leading the pack is the listing with its impressive $3.5 million in sales and four franchised units. Its varied lease expirations and reasonable monthly rents for the size of the spaces make it a lucrative investment, especially in the thriving Orlando market.

Listing ID:10563 Restaurant Broker Ken Eisenband    
Pizzeria and Italian Restaurant for Sale in Delray Beach, Fl - Assets Only
Lease: Expires September 30, 2025
Monthly Rent: $5145,
Inside Sq. Ft. 1900,
Outside Sq. Ft. MEDIUM
City:Delray Beach
Ken Eisenband
(561) 350-3365

The pizzeria and Italian restaurant in Delray Beach stands out for its specialized cuisine and modest price of $75,000. With a medium-sized outdoor area and an interior of 1900 sq. ft., this establishment offers a cozy dining experience in a popular tourist destination.

Listing ID:10532 Restaurant Broker Dave Duce    
Huge 2nd gen Restaurant for Sale in N Austin, 3800 sq ft with 24 ft hood!
Lease: through March 2024
Monthly Rent: $10864,
Inside Sq. Ft. 3817,
Outside Sq. Ft. NO
City:Round Rock
Dave Duce
(512) 773-5272

This large, 2nd generation restaurant in North Austin is notable for its vast 3800 sq. ft. space and a 24 ft hood, ideal for high-volume cooking. Priced at $120,000 with a lease through March 2024, it's a great opportunity for a sizable operation.

Listing ID:10559 Restaurant Broker Ken Eisenband    
Restaurant for Sale Pembroke Pines, FL - Location and Build-Out is the Best
Lease: Expires May 1, 2028
Monthly Rent: $8647,
Inside Sq. Ft. 1954,
Outside Sq. Ft. NO
City:Pembroke Pines
Ken Eisenband
(561) 350-3365

Located in Pembroke Pines, this restaurant is highlighted for its excellent location and build-out, priced at $125,000. With an inside space of 1954 sq. ft. and a lease expiring in 2028, it's a promising venue for long-term growth.

Listing ID:10347 Restaurant Broker Dave Duce    
Price drop! Drive Thru! 2nd Generation Restaurant for Sale Fully Equipped!
Lease: through May 2025
Monthly Rent: $3850-
Inside Sq. Ft. 1600-
Outside Sq. Ft. MEDIUM
Dave Duce
(512) 773-5272

This Austin-based 2nd generation restaurant with a drive-thru offers a significant opportunity at $80,000. The medium outdoor space and a comfortable inside area of 1600 sq. ft., combined with a lease through May 2025, make it an attractive investment.

Listing ID:10503 Restaurant Broker Brittney Gates    
Large Restaurant for Sale in Palm Coast with Outdoor Stage and Bar!
Lease: 2026
Monthly Rent: $6500.00,
Inside Sq. Ft. 5000,
Outside Sq. Ft. LARGE
Brittney Gates
(386) 338-8348

The large restaurant in Palm Coast, featuring an outdoor stage and bar, is an exceptional deal at $55,000. Its extensive 5000 sq. ft. interior and large outdoor area, along with a lease until 2026, present a unique opportunity for an entertainment-focused dining experience.

Listing ID:10527 Restaurant Broker Jeff and Kim Heidt    
Popular Mexican Restaurant and Bar for Sale in Cobb County. Keep or Convert
Lease: Expires 2/1/2025
Monthly Rent: $18000-
Inside Sq. Ft. 1500-
Outside Sq. Ft. MEDIUM
Jeff and Kim Heidt
(770) 366-4063

This popular Mexican restaurant and bar in Cobb County, priced at $99,000, offers flexibility to keep or convert the concept. Its moderate size of 1500 sq. ft. and medium outdoor area, coupled with a lease expiring in 2025, make it a versatile option in a suburban setting.

Listing ID:10537 Restaurant Broker Jeff and Kim Heidt    
Hookah Lounge and Bar for Sale in Cobb Country
Lease: June 30, 2024
Monthly Rent: $1895-
Inside Sq. Ft. 1200-
Outside Sq. Ft. NO
Jeff and Kim Heidt
(770) 366-4063

The hookah lounge and bar in Cobb County, priced at $65,000, made the list for its unique concept and affordable rent. With an inside space of 1200 sq. ft. and a lease until June 2024, it's a niche opportunity in a strong market.

Listing ID:10473 Restaurant Broker Justin Scotto    
Restaurant for Sale Ready For New Owner In Crazy Busy Shopping Center!!
Lease: 1 Year
Monthly Rent: $4676.10,
Inside Sq. Ft. 1436,
Outside Sq. Ft. NO
Justin Scotto
(704) 609-4460

This restaurant, located in a busy shopping center in Charlotte and priced at $49,000, is an ideal entry-level investment. The one-year lease and manageable size of 1436 sq. ft. make it suitable for a dynamic, high-traffic operation.

Listing ID:9429 Restaurant Broker Ken Eisenband    
Deerfield Beach Café, Lunch and Breakfast Restaurant for Sale Earns $166K
Lease: Expires September 30, 2028
Monthly Rent: $3500-,
Inside Sq. Ft. 1000-,
Outside Sq. Ft. NO
City:Deerfield Beach
Ken Eisenband
(561) 350-3365

The café in Deerfield Beach, known for its lunch and breakfast offerings and earning $166K, is a standout at $150,000. Its compact size of 1000 sq. ft. and lease expiration in 2028 make it an attractive opportunity for buyers looking in this market. 

The December 2023 roundup of the top 10 restaurants for sale offers a glimpse into the dynamic landscape of the restaurant market. The prevalence of listings in Florida highlights the region's robust and thriving dining scene for buyers and sellers alike. Moreover, the diversity in types of restaurants available - ranging from franchise opportunities to unique eateries like pizzerias and hookah lounges - caters to a wide array of culinary passions. The variability in size and price of these establishments opens doors for both new entrants and seasoned players in the restaurant industry.

For those inspired to explore these opportunities further, browse all restaurants for sale near you to explore a wealth of options online today.

Wondering what your restaurant might be worth in 2024? Schedule your FREE restaurant evaluation call here.

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Topics: Buying a Restaurant, Restaurants for Sale, Selling a Restaurant

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