There are multiple ways to obtain restaurant financing. When a restaurant is well established, has good books and records, and provable income, there are many sources of funding. Even when you are acquiring an asset sale (which does not have books and records) that you plan to open as your own new and improved concept, there are lending options. SBA loans have the backing of the Small Business Administration. While the SBA does not issue loans (a common misconception), they do guarantee loans that lower the risk for the bank. That makes lenders more willing to accept risk since the government is standing behind the deal and guaranteeing as much as 80 or 90 percent of their risk.
Franchises in particular are great candidates for an SBA loan to buy a restaurant, and the Restaurant Brokers have a number of lending resources that specialize in franchise resales. Another option for financing a restaurant purchase is seller or owner financing. This occurs when the restaurant or bar owner agrees to carry a note or personally finance a portion of the transaction. Instead of paying for the entire purchase price upfront, the seller allows for some amount (typically 25 to 50 percent) to be paid overtime. Sellers performing the function of the bank will still require that there be a purchase note and guarantees from the buyers.
Restaurant buyers often overlook their 401(k) as a source of capital, without realizing there are ways to use 401(k) funds without facing a large tax bill from Uncle Sam. For over 10 years, 401(k) rollover services, also known as Rollovers for Business Start-ups (ROBS), have helped entrepreneurs fund their dream of small business ownership. With ROBS, you can invest your existing retirement funds into a new business or franchise without taking a taxable distribution.
Crowdsourcing or crowdfunding is the new kid on the block when it comes to financing a restaurant purchase. It allows family, friends, customers, or anyone else to support your business in an online community-funding platform. Online lending is another new way of lending that is driven by the Internet. Just like relationship websites (eHarmony) or retail websites (Amazon), the Internet is a proven ground for bringing parties together. It's no wonder that lending platforms have sprung from this as well. Download our Quick Guide to Financing a Restaurant to learn the pros and cons of each category along with resources for each type of lending.
Restaurants for Sale with Financing
Listing Id:8743 Lease Term:Expires July 20.. Monthly Rent$4200, Sq.ft.1600,
Listing Id:8727 Lease Term:thru 1/31/28 Monthly Rent$10588, Sq.ft.4800,
Listing Id:8715 Lease Term:08/31/2027 Monthly Rent$9801.96, Sq.ft.2150,
Listing Id:8712 Lease Term:Has two Five-ye.. Monthly Rent$9450, Sq.ft.4250,
Listing Id:8711 Lease Term:expires March 2.. Monthly Rent$13900, Sq.ft.4300,
Listing Id:8703 Lease Term:Valid through O.. Monthly Rent$2983.00, Sq.ft.2000,
Listing Id:8693 Lease Term:Valid through O.. Monthly Rent$4410.07, Sq.ft.1778,
Listing Id:8690 Lease Term:remainder of 5 .. Monthly Rent$4500, Sq.ft.2500,
Listing Id:8687 Lease Term:Valid through S.. Monthly Rent$5365, Sq.ft.3000,
Listing Id:8686 Lease Term:Real Estate Inc.. Monthly Rent$Real Estate inc.. Sq.ft.Multiple ,
Listing Id:8685 Lease Term:1, 5 Monthly Rent$2900, Sq.ft.1800,
Listing Id:8684 Lease Term:Valid through A.. Monthly Rent$7115.24, Sq.ft.2211,
Listing Id:8682 Lease Term:5 years expires.. Monthly Rent$3700, Sq.ft.3350,
Listing Id:8681 Lease Term:Valid through 0.. Monthly Rent$4413.34, Sq.ft.1600,
Listing Id:8679 Lease Term:2, 5 Monthly Rent$3800 | 3900 Sq.ft.1600 | approx 1..
Listing Id:8678 Lease Term:2.5 years + (2).. Monthly Rent$10800, Sq.ft.4200,
Listing Id:8677 Lease Term:Valid through 2.. Monthly Rent$3900, Sq.ft.1850 ,
Listing Id:8676 Lease Term:Valid through 2.. Monthly Rent$3800, Sq.ft.1600,
Listing Id:8673 Lease Term:Multiple Leases.. Monthly Rent$7473.00,7373.52.. Sq.ft.2400,2400,1800,
Listing Id:8667 Lease Term:Expires 10/31/2.. Monthly Rent$3616.00, Sq.ft.9700,
Listing Id:8666 Lease Term:Valid until Mar.. Monthly Rent$6413.07, Sq.ft.3600,
Listing Id:8661 Lease Term:5yr and 10yr Monthly Rent$4509,7826, Sq.ft.1005,1300,
Listing Id:8660 Lease Term:10 year lease Monthly Rent$3084.28, Sq.ft.907,
Listing Id:8656 Lease Term:Expires 2029 Monthly Rent$3300, Sq.ft.1150,
Listing Id:8649 Lease Term:expires 4/1/202.. Monthly Rent$5426, Sq.ft.1856,
Listing Id:8643 Lease Term:5 Monthly Rent$7000,8000, Sq.ft.2500,2500,
Listing Id:8642 Lease Term:All leases Vali.. Monthly Rent$7198.88 ,3047,2.. Sq.ft.2714,1842,1600,..
Listing Id:8641 Lease Term:Valid through 9.. Monthly Rent$7198.88 ,3047,2.. Sq.ft.2714 ,1842,1600..
Listing Id:8640 Lease Term:Valid through A.. Monthly Rent$3800.02, Sq.ft.2000,
Listing Id:8639 Lease Term:Valid until May.. Monthly Rent$3873.71, Sq.ft.1465,
Listing Id:8634 Lease Term:Expires 2025 wi.. Monthly Rent$6200-, Sq.ft.2350-,
Listing Id:8632 Lease Term:Expires 2026 wi.. Monthly Rent$2658, Sq.ft.1900,
Listing Id:8630 Lease Term:Valid through A.. Monthly Rent$1030.00, Sq.ft.780,
Listing Id:8629 Lease Term:Remainder of 10.. Monthly Rent$3450.91, Sq.ft.1900,
Listing Id:8627 Lease Term:10 Monthly Rent$4700, Sq.ft.1975,
Listing Id:8625 Lease Term:Valid until Oct.. Monthly Rent$6811.39, Sq.ft.2741,
Listing Id:8621 Lease Term:Lease valid thr.. Monthly Rent$9823, Sq.ft.4000,
Listing Id:8619 Lease Term:3 years + 2-5yr.. Monthly Rent$12000, Sq.ft.6000,
Listing Id:8614 Lease Term:10 Monthly Rent$3669.17,2525,55.. Sq.ft.1190,1500,1638,
Listing Id:8613 Lease Term:10 Monthly Rent$8431,3944.99,50.. Sq.ft.1300,1315,1600,..
Listing Id:8611 Lease Term:Up for renewal .. Monthly Rent$3183, Sq.ft.1500,
Listing Id:8601 Lease Term:Up for renewal .. Monthly Rent$1000,2480, Sq.ft.2100,2080,
Listing Id:8600 Lease Term:Expires 2022 & .. Monthly Rent$7121,7139.67, Sq.ft.2200,2300,
Listing Id:8598 Lease Term:expires June 20.. Monthly Rent$2500,4421, Sq.ft.850,1200,
Listing Id:8597 Lease Term:Expires 2022 wi.. Monthly Rent$7121, Sq.ft.2200,
Listing Id:8596 Lease Term:Expires August .. Monthly Rent$7139.67-, Sq.ft.2300 -,
Listing Id:8591 Lease Term:Current seller .. Monthly Rent$2600, Sq.ft.1200,
Listing Id:8586 Lease Term:Up for renewal .. Monthly Rent$4460.36, Sq.ft.1400,
Listing Id:8582 Lease Term:5 Monthly Rent$6400, Sq.ft.3178,
Listing Id:8580 Lease Term:5 years Monthly Rent$4300, Sq.ft.1540,