Buying a restaurant? Try seeking restaurants for sale with owner financing like the ones shown on this page. We Sell Restaurants works with several owners who are willing to be the "banker" in a deal for a new buyer. This is helpful when you have strong experience but weak credit or simply don't have a lot of cash on hand.
While there are multiple ways to obtain restaurant financing such as SBA guaranteed loans through traditional lenders or another financing, perhaps none is more beneficial to a buyer than owner financing. Owner (or seller) financing occurs when a restaurant or bar owner offers to carry a promissory note and to personally finance part of the purchase.
Rather than pay everything up front, in the case of owner financing, the seller allows for a large chunk of the payment (usually 25 to 50 percent) to be paid in installments over time. Because the seller is performing the function of a traditional lender, they will still require guarantees and a purchase note from the buyer.
Here are the main benefits of a restaurant for sale with owner financing:
1) The owner has "skin in the game" and will be motivated to help you succeed
2) The cost associated with owner financing is minimal versus bank lending which can be costly in terms of upfront fees
3) Seller financing terms can be negotiated easily between a restaurant buyer and seller versus standard terms set by banks
When it comes to buying a restaurant for sale, owner financing is usually advantageous for both sellers and buyers because it eliminates the costs of a bank intermediary. Although owner financing requires that the seller take on the default risk of the buyer, owners are often more willing to negotiate as owner financing can provide extra income to the seller in the form of interest and can move a property more quickly in a buyer’s market.
The restaurants for sale with owner financing offered here demonstrate the number of sellers willing to provide credit to borrowers with good experience that may not qualify with traditional lenders or have other reasons for seeking owner financing.
Restaurants for Sale with Owner Financing
Listing Id:8436 Lease Term:Expires April 2025 Monthly Rent$6000,Sq.ft.2500,
Listing Id:8412 Lease Term:Expires August 2022 Monthly Rent$7740,Sq.ft.3200,
Listing Id:8406 Lease Term:Expires February 14, 2029 Monthly Rent$4370,Sq.ft.1587,
Listing Id:8395 Lease Term:Monthly all locations Monthly Rent$2600,Sq.ft.n/a,
Listing Id:8387 Lease Term:Expires June 2023 | Expires July 31, 2028 Monthly Rent$8174,10100,Sq.ft.1650,2250,
Listing Id:8358 Lease Term:September 2024 Monthly Rent$6000,Sq.ft.5500,
Listing Id:8340 Lease Term:5 Monthly Rent$4000,Sq.ft.3200,
Listing Id:8336 Lease Term:5 years Monthly Rent$5300,Sq.ft.2000,
Listing Id:8330 Lease Term:, Monthly Rent$1500,Sq.ft.1200 ,
Listing Id:8286 Lease Term:Negotiable Monthly Rent$7064,Sq.ft.3600,
Listing Id:8278 Lease Term:5 Monthly Rent$3879.88-,Sq.ft.2094,
Listing Id:8275 Lease Term:Expires 2024 Monthly Rent$3800,Sq.ft.3800,
Listing Id:8274 Lease Term:Expires 2029 Monthly Rent$3300,Sq.ft.1150,
Listing Id:8273 Lease Term:Expires July 31, 2028 Monthly Rent$10100,Sq.ft.2250,
Listing Id:8272 Lease Term:Expires June 2023 Monthly Rent$8174,Sq.ft.1650,
Listing Id:8221 Lease Term:expires 2030 Monthly Rent$4000,Sq.ft.1200,
Listing Id:8204 Lease Term:Expires 6/30/2023 + 3 year option Monthly Rent$1380-Sq.ft.1000-
Listing Id:8198 Lease Term:, Monthly Rent$1937.50Sq.ft.1500
Listing Id:8127 Lease Term:5 Monthly Rent$4580,Sq.ft.1600,
Listing Id:8116 Lease Term:remainder of current term thru 2024 Monthly Rent$9277.59,Sq.ft.6109,
Listing Id:8023 Lease Term:expires 2023 with option Monthly Rent$3700,Sq.ft.1400,
Listing Id:7838 Lease Term:Expires March 31, 2023 Monthly Rent$10000,Sq.ft.3650,
Listing Id:7563 Lease Term:n/a includes real estate Monthly Rent$n/a,Sq.ft.2200 ,2200,
Listing Id:7367 Lease Term:Expires December 2026 Monthly Rent$7303,Sq.ft.6900,
Listing Id:7302 Lease Term:Remainder of 7 year lease Monthly Rent$11700,Sq.ft.4271,
Listing Id:7245 Lease Term:TBN Monthly Rent$NA-Sq.ft.5000-
Listing Id:6782 Lease Term:11 year term Monthly Rent$17793,Sq.ft.2121,
Listing Id:6697 Lease Term:1 year left plus 5 year option. Monthly Rent$6800Sq.ft.5800
Listing Id:6334 Lease Term:4 years left plus 5 year option & 6 years remaining Monthly Rent$13458Sq.ft.6600