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:10563 Lease Term:Expires Septemb.. Monthly Rent$5145, Sq.ft.1900,
Listing Id:10549 Lease Term:through Februar.. Monthly Rent$1680, Sq.ft.1440,
Listing Id:10521 Lease Term:Expires 09/01/2.. Monthly Rent$4200, Sq.ft.2400,
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:10518 Lease Term:Additional year.. Monthly Rent$$1,600 Sq.ft.1200
Listing Id:10503 Lease Term:2026 Monthly Rent$6500.00, Sq.ft.5000,
Listing Id:10494 Lease Term:Expires June 20.. Monthly Rent$3090, Sq.ft.967,
Listing Id:10473 Lease Term:1 Year Monthly Rent$4676.10, Sq.ft.1436,
Listing Id:10470 Lease Term:Expires October.. Monthly Rent$2051.92, Sq.ft.864,
Listing Id:10447 Lease Term:Expires March 2.. Monthly Rent$2600, Sq.ft.1300,
Listing Id:10429 Lease Term:Expires 2038 Monthly Rent$2000, Sq.ft.1987,
Listing Id:10423 Lease Term:October 2027 Monthly Rent$2400.00, Sq.ft.1500,
Listing Id:10380 Lease Term:June 2025 Monthly Rent$1100, Sq.ft.900,
Listing Id:10373 Lease Term:Feb. 2028 Monthly Rent$5100, Sq.ft.2015,
Listing Id:10359 Lease Term:Current lease e.. Monthly Rent$1200-, Sq.ft.1000-,
Listing Id:10358 Lease Term:2 Years Monthly Rent$1500- Sq.ft.600--
Listing Id:10316 Lease Term:Jan 2027 Monthly Rent$2774.00, Sq.ft.1001,
Listing Id:10270 Lease Term:NA Monthly RentNA Sq.ft.NA
Listing Id:10240 Lease Term:NA Monthly Rent$1-, Sq.ft.NA
Listing Id:10164 Lease Term:NA Monthly RentNA Sq.ft.NA
Listing Id:10107 Lease Term:Expire April 20.. Monthly Rent$4251, Sq.ft.1162,
Listing Id:10074 Lease Term:5 Years Monthly Rent$2122.58, Sq.ft.420,
Listing Id:10073 Lease Term:0 Monthly RentNA Sq.ft.100,
Listing Id:10072 Lease Term:0 Monthly RentNA Sq.ft.100,
Listing Id:10023 Lease Term:Expires 5/31/20.. Monthly Rent$1950, Sq.ft.1200,
Listing Id:10004 Lease Term:2 Monthly Rent$4112, Sq.ft.1600,
Listing Id:9987 Lease Term:9 years Monthly Rent$3605, Sq.ft.2500,
Listing Id:9968 Lease Term:Expires March 3.. Monthly Rent$4300, Sq.ft.2600,
Listing Id:9955 Lease Term:through August .. Monthly Rent$4948, Sq.ft.1823,
Listing Id:9945 Lease Term:Remainder of cu.. Monthly Rent$8900, Sq.ft.1069,
Listing Id:9934 Lease Term:expires October.. Monthly Rent$1200, Sq.ft.1500,
Listing Id:9933 Lease Term:NA Monthly RentNA Sq.ft.14 ft trailer,
Listing Id:9924 Lease Term:Dec 31 2027 Monthly Rent$2156.68, Sq.ft.900,
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:9871 Lease Term:05/01/2028 with.. Monthly Rent$3500, Sq.ft.2175,
Listing Id:9840 Lease Term:expires on Sep.. Monthly Rent$7900, Sq.ft.894,
Listing Id:9806 Lease Term:expires 8/31/20.. Monthly Rent$5000, Sq.ft.2000,
Listing Id:9795 Lease Term:, 10 yrs Monthly Rent$3700, Sq.ft.1200,
Listing Id:9709 Lease Term:to be negotiate.. Monthly Rent$3000, Sq.ft.4000,
Listing Id:9689 Lease Term:yes, 2 Monthly Rent$$7400, Sq.ft.1600,
Listing Id:9607 Lease Term:01/16/2026 with.. Monthly Rent$3250, Sq.ft.1600,
Listing Id:9578 Lease Term:n/a Monthly Rent$n/a, Sq.ft.144,
Listing Id:9563 Lease Term:5 years Monthly Rent$1100, Sq.ft.1400,
Listing Id:9545 Lease Term:3 Monthly Rent$1950, Sq.ft.1500,
Listing Id:9513 Lease Term:None, Monthly Rent$5000, Sq.ft.1300,
Listing Id:9402 Lease Term:1 year remainin.. Monthly Rent$3944.99, Sq.ft.1315,