Worcester County, MA
$250,000
Worcester County, MA
$250,000
Memphis, TN
$200,000
Wilmington, NC
$415,000
Oakland County, MI
$225,000
Oakland County, MI
$225,000
Boca Raton, FL
$299,000
Montgomery County, OH
$385,000
San Diego County, CA
$1,200,000
REAL ESTATE INCLUDED
Saratoga County, NY
$3,400,000
Bergen County, NJ
$95,000
Orange County, CA
$175,000
Camden, NJ
$499,000
Arlington, TX
$140,000
Arlington, TX
$170,000
Diamond Bar, CA
$139,000
Smyrna, GA
$370,000
Randy Sokol
Sokol Realty License #20174004026
Serving Franklin County, OH
Randy Sokol - Restaurant Industry Advocate. Randy Sokol owns Sokol Realty and Sokol & Associates specializing in selling restaurants, bars, pizza shops, and all hospitality related businesses. Randy grew up working in his family’s chain restaurants, for over 40 years, eventually becoming the Owner and President. He has been buying and selling restaurants for over 15 years and during that time he has brokered over 150 hospitality business deals and over 50 liquor permit deals. In that time, he has been able to build up a wealth of knowledge and experience in what makes a good location and how to negotiate the best possible lease on behalf of his clients. He knows what is important on a lease to protect your business, because he’s been there. His goal is always to make sure that his clients are getting exactly what they need, whether buying or selling, from their space so they can focus on running their business. Randy is also a member of several civic organizations, and has served on numerous boards and committees in the Columbus area, including the Ohio Restaurant Association, Children's Hospital Development Board, National Federation of Independent Businesses (NFIB), and Food Truck Advisory Board for the city of Columbus. He has worked with City Council members to create laws that support businesses like yours. Being involved with these organizations, and city politics allow him to keep abreast of current trends in real estate, which helps him stay informed about changing needs for new businesses looking for locations in Columbus and beyond, as well as use his resources on his client’s behalf. If you're looking for someone who will be straight forward in their dealings with you, be responsive in a timely manner, and always have your best interests at heart, then call Randy Sokol today.
Frederick, MD
$395,000
Maineville, OH
$3,650,000
Elmira, NY
$120,000
Ithaca, NY
$150,000
Venice, CA
$600,000
Frisco, TX
$100,000
Grand Rapids, MI
$80,000
Cambridge, MA
$50,000
Omaha, NE
$1,395,000
Plano, TX
$80,000
Surprise, AZ
$389,000
Brooklyn, NY
$250,000
Brevard County, FL
$185,000
REAL ESTATE INCLUDED
Kentucky
$1,500,000
REAL ESTATE INCLUDED
Essex, MD
$679,000
Oakland County, MI
$225,000
Rehoboth Beach, DE
$150,000
Clarksburg, MD
$280,000
Washington, DC
$310,000
Sarasota County, FL
$239,000
Schuylkill County, PA
$300,000
REAL ESTATE INCLUDED
Cook County, IL
$1,900,000
Las Vegas, NV
$975,000
New York County, NY
$349,000
Tampa, FL
$225,000
Manassas, VA
$190,000
Los Angeles County, CA
$128,000
Park Ridge, IL
$50,000
Mark Gore
Mark Gore
Serving Marion County, IN
Mark Gore has spent his entire career in the food and beverage business in Central Indiana building, operating, buying, and selling over 40 taverns in that period. If you're selling your restaurant or bar, you can trust Mark to get the job done!
Gaithersburg, MD
$300,000
Raleigh, NC
$1,350,000
Queens, NY
$95,000
New Jersey
$289,000
Jacksonville, FL
$490,000
Peoria, IL
$165,000
Food and restaurant businesses are among the most common businesses that are bought and sold on BizBuySell. Whether you are a buyer or a seller, it is helpful to understand the market trends. To provide some context, we have analyzed restaurant for sale listings and aggregated financial data to help you compare and evaluate individual restaurant businesses.
Market Snapshot
Number of Businesses Analyzed | 7,188 |
Median Asking Price | $322,500 |
Median Reported Revenue | $794,905 |
Median Reported Earnings | $150,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Valuation Multiples
Range | Revenue | Earnings (SDE) |
Lower Quartile | 0.29 | 1.77 |
Median | 0.41 | 2.41 |
Upper Quartile | 0.61 | 3.19 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Restaurant Business Valuation Benchmarks
FAQs
How much does it cost to buy a restaurant?
The median asking price for restaurants analyzed is $322,500. However, prices can range significantly higher or lower depending on specific factors. The cost of buying a restaurant can vary widely based on location, size, type, and the financial health of the business.
How much do restaurant owners earn?
The median reported revenue and discretionary earnings for restaurant businesses listed for sale is $794,905 and $140,272, respectively. Earnings can vary greatly depending on the type of restaurant, location, management efficiency, and market demand.
How do I value a restaurant business?
Valuing a restaurant business involves analyzing several factors, including annual revenue, earnings, profit margins, location, brand reputation, and physical assets. Most business owners (and buyers) will look at earnings and revenue multiples to gauge the value of a restaurant business relative to its peers in the market.
Based on our most recent analysis, sellers are looking for a revenue multiple between 0.29 and 0.61, with the median at 0.41. Earnings multiples range from 1.77 to 3.19, with the median at 2.41. So, a typical restaurant business will be priced around 0.41 times its annual sales, and 2.41 times its owner's annual discretionary earnings.
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