Restaurant Buyer Annual Report – 2008

The 2008 business year was interesting to say the least. Buyer activity was fairly strong in the first quarter, but slowed considerably in the 2nd and 3rd quarter, followed by a merely stagnant 4th quarter which every business seems to be experiencing. Although slower than 2007, restaurant buyer activity overall was pretty good as we registered approximately 4,000 buyers which is similar to 2005. Median cash available and average cash available fell $19.1% and 11.5% respectively. We expect 2009 to show a better correction in the market as the first 2 quarters may skew the data. Over the last 5 years we have registered over 27,000 registered buyers with nearly $12 billion of cash available. Restaurant owners looking to sell need to anticipate what is going on and be prepared to have there restaurant on the market longer than usual. There are plenty of buyers out there, and it’s a matter of time and patience for transactions to be done.

Below find charts summarizing the buyer activity for the year:

2008_pricing_report

Written by Restaurants For Sale Online

The information in some of our articles has been provided by Restaurant Realty Company in collaboration with Restaurants For Sale Online. Restaurant Realty Company and Restaurants For Sale Online assumes no responsibility for decisions made by buyers, sellers or other parties to any transaction. Information has been provided based on experience and research. The results of various articles and studies reflect such information. Restaurant Realty Company and Restaurants For Sale Online assumes no responsibility for pricing or recommendation of pricing to any of our users. If you are interested in buying a business, Restaurants For Sale Online, LLC recommends you do your own due diligence to verify the source of any information provided to you by a seller and/or intermediary. If you are interested in selling your business, Restaurants For Sale Online recommends you contact an intermediary that specializes in transactions similar to the respective business.

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