What defines an ethnic restaurant for sale? The most common definition of an ethnic restaurant is one that specializes in a type of cuisine common to a culture, nationality or ethnicity. Examples can include: Mediterranean Food, Japanese Food, Thai Food or Mexican which is influenced by geography. Others might refer to Cajun Food or Latin American Food which is not tied to a specific country but speaks to a broader concept typically associated with a collection of flavors and spices. Chowhound defines ethnic restaurants as, “Pertaining to or characteristic of a people, especially a group (ethnic group) sharing a common and distinctive culture, religion, language, or the like.” They go on to say, “If we apply this definition to the term ethnic food, we lump every single style of cooking from every single region of the world.” When the restaurant brokers offer ethnic restaurants for sale, they can include any of these examples and more.
The growth of ethnic restaurants for sale can be traced to the expansion of the American palate to include flavors and experiences far beyond a traditional dining experience. It used to be that only major urban cities would experience pockets of businesses that would be classified as ethnic restaurants for sale. That has changed with restaurants of all cultures and nationalities becoming mainstream. Many are offered in fast casual franchise versions.
The top ranked fast casual ethnic chains in the nation lean toward Mexican as the primary cuisine according to QSR Magazine. Taco Bell is number one, followed by Chipotle at number two, Qdoba Mexican Eats at number four and Del Taco at number five with Moe’s Southwest Grill at number six. The only non-Mexican cuisine to crack the top six was Panda Express with 1,790 locations nationwide.
Buyers reaching out to the restaurant brokers for ethnic restaurants for sale are often seeking brands that align with their cultural or religious preferences. Many, for example, avoid alcohol sales but appreciate fare appropriate drinks served together with the flavors associated with a given cuisine. For some individuals settling in the United States, it is comforting to serve flavors reminiscent of their “home country” flavors even if these flavors have been Americanized or watered down to meet a mainstream audience of customers.
It is not uncommon for those without any allegiance or knowledge of a given cuisine to seek out an ethnic restaurant for sale opportunity either for love of the flavor or simply because this category of foods is growing at a seemingly faster rate than other traditional concepts.
A recent article in QSR magazine says there are four phases for trends to take hold in the foodservice industry according to a firm called Dataessential. The company defines the phase for trend development as: inception, adoption, proliferation, and ubiquity. Dataessential says that the concepts flourish depending on the phase. In their words, “During the inception phase, operators who menu the trends are often fine-dining or independent operators. Casual dining restaurants pick up the trend as it moves to the adoption phase, and then there’s the proliferation stage, in which the trend has been validated for a mass audience and it is present at quick-service brands.”
With the growth in ethnic restaurants at the quick-service and fast casual junction, there are many flavors that are solidly now in the proliferation stage while new cuisines emerge each day in the earlier stages. Notable new entries emerging as ethnic concepts include: Peruvian, North African, and Nordic cuisines according to the article and Datassential’s research. They cite Mexicana and Italian as examples of trends firmly established across all segments while, “Thai, Indian, Korean, Vietnamese, and Spanish/Tapas have moved into the adoption phase.” From the count of ethnic restaurants for sale rising each year, we would agree with this assessment. For more ethnic restaurant for sale opportunities, you can visit our listings live at this link.
6439 Lease Term:
Expires February 2022 Monthly Rent:
6429 Lease Term:
5+5 Monthly Rent:
6419 Lease Term:
December 31, 2021 + Option to renew Monthly Rent:
6383 Lease Term:
Negotiable Monthly Rent:
6374 Lease Term:
Expires July 31, 2021 plus 5 year option Monthly Rent:
6368 Lease Term:
Expiration October 31, 2020 Monthly Rent:
6361 Lease Term:
Negotiable Monthly Rent:
6345 Lease Term:
Expires July 31, 2023 Option 5 years Monthly Rent:
6340 Lease Term:
2 Years left with 3 5 Year Options Monthly Rent:
6337 Lease Term:
5 years Monthly Rent:
6335 Lease Term:
June 30, 2020 I July 31, 2024 Monthly Rent:
$9273 I 8800 Sq.Ft.
1575 I 3500
6323 Lease Term:
5 year plus 5 -year option Monthly Rent:
6316 Lease Term:
Expires June 30, 2022 plus five year option Monthly Rent:
6311 Lease Term:
Expires 2021 plus 3 year option Monthly Rent:
6302 Lease Term:
5 year term Monthly Rent:
6282 Lease Term:
Expires December 31, 2022 Monthly Rent:
6278 Lease Term:
Five years plus options Monthly Rent:
6275 Lease Term:
To be negotiated Monthly Rent:
$To be negotiated Sq.Ft.
6272 Lease Term:
Remainder of 5 year lease expires May 2021. Can ask Landlord to Extend Monthly Rent:
6269 Lease Term:
October 31, 2013 plus 2 five year extensions Monthly Rent:
6259 Lease Term:
2 Years with Option Monthly Rent:
6258 Lease Term:
negotiable Monthly Rent:
sites range from 1500-3100 square feet
6256 Lease Term:
expires 2022 + 5 yr option Monthly Rent:
6231 Lease Term:
9 years left Monthly Rent:
6209 Lease Term:
expires October 31, 2023 Monthly Rent:
6202 Lease Term:
2 years remaining on initial term, with three 5 year options Monthly Rent:
6174 Lease Term:
Negotiable (Seller owns the property) Monthly Rent:
6148 Lease Term:
2 years left - Landlord will extend Monthly Rent:
$Flat 20% of Sales Sq.Ft.
6121 Lease Term:
10 year + 5 year option Monthly Rent:
6075 Lease Term:
5 year plus 5 -year option Monthly Rent:
6057 Lease Term:
expires 12/31/19 Monthly Rent:
6047 Lease Term:
October 31,2023 /June 30, 2020 I July 31, 2024 Monthly Rent:
$3545 I 9551 I 11435 Sq.Ft.
1700 I 1575 I 3500
6014 Lease Term:
Expires March 2019 plus five year option Monthly Rent:
5971 Lease Term:
Four Years Remaining + two 5-year options to renew Monthly Rent:
5916 Lease Term:
Expires in 2019 but Landlord will do new lease Monthly Rent:
5860 Lease Term:
Expires December 31, 2020 Monthly Rent:
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