Iowa Restaurant Franchise for Sale Earning $206,000 SBA 15% Down
Newton, Iowa
1Active Listings
$249KAvg Asking Price
4Sold
Philadelphia Restaurants for Sale
There are more than 12,000 restaurant and foodservice locations operating throughout the Philadelphia metropolitan area. These establishments employ more than 260,000 people across the region's foodservice and hospitality sector. Philadelphia-area restaurants are estimated to generate more than $15 billion annually in food and beverage sales. From neighborhood BYOBs and historic markets to award-winning fine dining concepts, breweries, and nationally recognized restaurants, dining plays a major role in the region's economy and culture.
Philadelphia restaurants for sale are something many buyers explore due to the region's large population, thriving tourism industry, and nationally recognized food scene. As one of the nation's largest metropolitan areas, Greater Philadelphia benefits from major industries including healthcare, education, financial services, biotechnology, pharmaceuticals, government, and professional services. From Center City and Rittenhouse Square to Fishtown, Old City, University City, South Philadelphia, King of Prussia, Cherry Hill, Wilmington, Media, and surrounding communities, restaurants serve both local residents and millions of annual visitors. The region's culinary reputation continues to grow, with national recognition for its diverse and innovative dining scene.
It's no wonder those buying a business flock to Philadelphia restaurants for sale offered by Restaurant Brokers. Restaurants are an influential part of the Greater Philadelphia economy. The region's rich culinary heritage, diverse neighborhoods, strong tourism market, thriving suburban commercial centers, and growing national profile create opportunities for restaurant owners across a wide variety of concepts, cuisines, and service styles.
Resources for Buying Philidelphia Restaurants for Sale
Buying a Philidelphia Restaurant for Sale is a team sport and you may need all kinds of help. Our Restaurant Broker© team has plenty of resources and aid for you. Here’s a starting point for the most common requests:
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Frequently Asked Questions
Frequently Asked Questions: Philidelphia Restaurants for Sale
What is the average price of a restaurant for sale in Philadelphia? Independent restaurants typically list between $50,000 and $500,000. Established restaurants, franchise locations, and high-volume concepts may sell for more than $1 million.
Can I buy a Philadelphia restaurant with an SBA loan? Yes. Many Philadelphia restaurant acquisitions qualify for SBA 7(a) financing. We Sell Restaurants can connect buyers with experienced restaurant lenders.
How long does it take to sell a restaurant in Philadelphia? Most sales close within 3 to 9 months. Clean financials, favorable lease terms, and qualified buyers help transactions move faster.
What is my Philadelphia restaurant worth? A Certified Restaurant Broker can provide an opinion of value that will include comparable pricing. He or she is a market specialist that can adjust for location, lease terms, equipment condition, sales trends, and profitability.
How do I sell my restaurant in Philadelphia? Start with a free valuation from a Certified Restaurant Broker. We handle confidential marketing, buyer qualification, negotiations, and transaction management.
What licenses do I need to take over a restaurant in Philadelphia? Generally a Philadelphia Food Establishment License, Certified Food Protection Manager certification, Pennsylvania sales tax registration, Certificate of Occupancy, and any applicable local permits. Additional licenses are required for alcohol sales.
Do I need a broker to buy or sell a restaurant in Philadelphia? Not legally, but a Certified Restaurant Broker helps maintain confidentiality, qualify buyers, manage due diligence, and guide the transaction from listing to closing.
