Why Build Out when you can buy a location already in place? Used equipment for a restaurant fully equipped at the least is $35,000 to $45,000. That's before you locate every single piece of equipment you need (some from this supplier, some from that!). It doesn't include trucking all that equipment to the restaurant and then getting a qualified electrician, plumber, gas technician, engineer, and more to set it in place and make sure you don't blow up the shopping center. How much is that? Figure another $2500 - $5000 to be on the safe side. If something doesn't work, you have to get it repaired or pull it out and return it to the vendor.
You're now up to almost $50,000 and you don't have anything in the front of the house. What about those chairs, tables, tablecloths, dishes, flatware, bowls, serving plates...the list goes on. Figure another $3500 if you're buying used, carting it yourself, and buying at a good rate.
Now you're up to $53,500 and you haven't opened the doors. Now the fun begins. You need to get inspected by the state, get a food service permit, get a liquor license and wait on the city and or county to react on each of these. Are you having fun yet? You'll have another $1500 to $5000 in licensing and you haven't poured your first drink yet. You're up to $58,500.
Since you're waiting on the restaurant to open, you're paying rent or burning up free rent waiting out the 30 to 60 days it takes to get operational. That's another $5000 to $8000 in rent while you aren't doing any business.
Then you open the door and do your first dollar of business.
Compare that to buying a business that's fully equipped, operating with food service and alcohol permits in place, and most importantly, generating sales. You can inspect the equipment in working condition and negotiate to be sure everything's operational before you take over. Take advantage of these locations offered under $75,000.
Restaurants for Sale Under 75000
Here are the restaurants brokers' tips for making it happen and five options for buying a restaurant with no or low money down.
Listing Id:9958 Lease Term:3 year Monthly Rent$1917, Sq.ft.1350,
Listing Id:9956 Lease Term:Apr. 2025 + 1 y.. Monthly Rent$3000, Sq.ft.1340,
Listing Id:9955 Lease Term:through August .. Monthly Rent$4948, Sq.ft.1823,
Before making the leap, however, here is what it is important to know before buying a restaurant that is not making money today or an asset sale.
Listing Id:9942 Lease Term:Expires 2027 Monthly Rent$7000, Sq.ft.3500,
Listing Id:9934 Lease Term:expires October.. Monthly Rent$1200, Sq.ft.1500,
Listing Id:9929 Lease Term:1 Monthly Rent$2314.00, Sq.ft.1500,
Listing Id:9923 Lease Term:5 years Monthly Rent$3800, Sq.ft.1670,
Listing Id:9905 Lease Term:1 year remainin.. Monthly Rent$1200, Sq.ft.3000,
Listing Id:9890 Lease Term:5 Monthly Rent$1000, Sq.ft.960,
Listing Id:9876 Lease Term:TBD Monthly Rent$1261.64, Sq.ft.1200 SQ FT.,
Listing Id:9806 Lease Term:expires 8/31/20.. Monthly Rent$5000, Sq.ft.2000,
Listing Id:9805 Lease Term:10 years Monthly Rent$4375, Sq.ft.1298,
Listing Id:9804 Lease Term:NONE, Monthly Rent$5925.40, Sq.ft.3600,
Listing Id:9795 Lease Term:, 10 yrs Monthly Rent$3700, Sq.ft.1200,
Listing Id:9781 Lease Term:July 2026 Monthly Rent$4000.00, Sq.ft.2072,
Listing Id:9775 Lease Term:1, 5 Monthly Rent$5700, Sq.ft.1235,
Listing Id:9773 Lease Term:Terms Negotiabl.. Monthly Rent$3500, Sq.ft.3000,
Listing Id:9771 Lease Term:2, 5 Monthly Rent$4200 Sq.ft.2200
Listing Id:9748 Lease Term:1 Monthly Rent$2273, Sq.ft.1200,
Listing Id:9736 Lease Term:March 2025 Monthly Rent$2800, Sq.ft.2000,
Listing Id:9699 Lease Term:12/31/2027 Monthly Rent$3115, Sq.ft.1270,
Listing Id:9689 Lease Term:yes, 2 Monthly Rent$$7400, Sq.ft.1600,
Listing Id:9678 Lease Term:expires Nov 30,.. Monthly Rent$2783, Sq.ft.1200,
Listing Id:9668 Lease Term:Exprires August.. Monthly Rent$3700, Sq.ft.1600,
Listing Id:9649 Lease Term:Currently Month.. Monthly Rent$1400, Sq.ft.4000,
Listing Id:9597 Lease Term:July 2025 Monthly Rent$1765.14- Sq.ft.1100-
Listing Id:9587 Lease Term:expires May 202.. Monthly Rent$5490, Sq.ft.1200,
Listing Id:9578 Lease Term:n/a Monthly Rent$n/a, Sq.ft.144,
Listing Id:9563 Lease Term:5 years Monthly Rent$1100, Sq.ft.1400,
Listing Id:9521 Lease Term:Expires 2027 wi.. Monthly Rent$2000, Sq.ft.1546,
Listing Id:9518 Lease Term:5 Monthly Rent$5400, Sq.ft.1600,
Listing Id:9420 Lease Term:Expires 2027 Monthly Rent$6200, Sq.ft.1789,
Listing Id:9341 Lease Term:1 Monthly Rent$2314.00, Sq.ft.1500,
Listing Id:9311 Lease Term:Expires 2024 wi.. Monthly Rent$3200, Sq.ft.1200,
Listing Id:9303 Lease Term:May 30th 2027 Monthly Rent$3651- Sq.ft.1100--
Listing Id:9288 Lease Term:August 4 2023 +.. Monthly Rent$2500-, Sq.ft.2000-,
Listing Id:9246 Lease Term:7 years Monthly Rent$6571, Sq.ft.2111,
Listing Id:9245 Lease Term:1, 5 Monthly Rent$2774.00 Sq.ft.1900
Listing Id:9200 Lease Term:TBD Monthly Rent$TBD, Sq.ft.1250,
Listing Id:9190 Lease Term:expires January.. Monthly Rent$3977.97, Sq.ft.1000,
Listing Id:9189 Lease Term:March 2023 Monthly Rent$1698, Sq.ft.2000,
Listing Id:9182 Lease Term:Remainder of 5 .. Monthly Rent$950, Sq.ft.750,
Listing Id:9144 Lease Term:1 Monthly Rent$2273, Sq.ft.1200,
Listing Id:9143 Lease Term:To Be Negotiate.. Monthly Rent$2000, Sq.ft.2000,
Listing Id:9055 Lease Term:Valid through M.. Monthly Rent$8700, Sq.ft.2600,
Listing Id:8978 Lease Term:5 years Monthly Rent$6435, Sq.ft.650,
Listing Id:8955 Lease Term:Valid through D.. Monthly Rent$4094, Sq.ft.2000,
Listing Id:8925 Lease Term:Valid through D.. Monthly Rent$3460, Sq.ft.1900,
Listing Id:7679 Lease Term:expires August .. Monthly Rent$6896, Sq.ft.3000,
Listing Id:7430 Lease Term:New 5 year Leas.. Monthly Rent$New Lease, Sq.ft.1000,