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Wow! May has been such a busy month that the restaurant brokers are late in publishing the Top Ten restaurants for sale in April. Thanks to those of you that reminded us that you love this post and want to understand what's happening in the marketplace of restaurants for sale. The top ten restaurants for sale last month by the Restaurant Brokers set new records for activity, signed confidentiality agreements and contact to our agents and franchisees. We measure all activity by the number of times someone contacts us to look at the restaurant for sale or restaurant for lease listings on our website. We are definitely seeing a strong uptick in the marketplace led by some incredible lending resources funding SBA deals that are moving to the closing table quickly. Florida led the search. Our most popular listing for April was this part of a 15-location chain in South Florida that has serving delicious pizzas in the area for over 50 years. What makes this listing interesting is the fact there are no royalties! This great restaurant comes with a fully equipped commercial kitchen and restaurant furniture.
The next most popular listing is this BBQ restaurant in a great neighborhood of Kennesaw. This BBQ restaurant has an amazingly low rent of only $1,000 per month for a 2000 square feet space. All the BBQ equipment is already in place to get the new owner started. Priced to sell at $99,000 this one is a great deal!
The third most popular listing last month was this Cinnabon franchise bakery. This six figure earner went on the market, achieved multiple offers and sold in less than 30 days! Operating in more than 55 countries, the Cinnabon brand has been serving delicious goodies for more than 25 years. This low effort concept with excellent training was perfect for those seeking an E-2 Visa.
Number four on this list is another franchise restaurant for sale - Philly Connection. This store is listed by restaurant broker John Sparks for $75,000 with all the equipment and owner financing!
Restaurant Broker and We Sell Restaurants franchisee, Ken Eisenband had incredible activity on his Pita restaurant in Ft Lauderdale. That's his second entry on the top ten for the month. This Pita restaurant serves up favorite Mediterranean meals like hummus, shawarma, gyros and many more. This is a great deal for any owner looking for a location that focus ones Middle Eastern cuisine.
Ranked number six, this Bar and Grill for sale in the Metro Atlanta market has it ALL! If you are looking for an outstanding, profitable bar/restaurant with six figure earnings, at a very reasonable price, this is the unit for you! Pre-approved for SBA lending, fully equipped and highly profitable... No wonder this location is attracting a lot of attention from our buyers.
Another bar and grill is next on our list. This one is a newly established location. Spacious location that sits on 3,000 SF with outside covered patio space. This is a top destinations for guests to watch their favorite sports, enjoy the pool tables, hookahs, signature cocktails, DJ music and food in a fantastic atmosphere!
Looking for a turnkey business consistent growth and profits? This restaurant is perfect for you. Price to sell with financing available - don't miss out on this one.
Lastly, one more sports bar on our top 10 list... This is a "Cheers" type neighborhood sports bar and grill. This oe is located in a nice neighborhood of Dunwoody and offered at the steal price of $129,000.
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The list of the top ten continues to grow in the number of contacts, signed confidentiality agreement and calls to our restaurant brokers for assistance. While first quarter transactions hit a record 22% increase over last year, the industry is still pacing at around 6% growth. For more information about selling your restaurant, contact the restaurant broker today!
