08 Oct Restaurants QUICK CHECK (2013)
Bagels 30% of annual sales (Not as much interest today)
Bars 50% of annual sales (Very much in demand)
Bar & Grill (50% liquor) 40% of annual sales (Very popular)
Barbecue 30% of annual sales (Limited pool of buyers)
Bistros 30% of annual sales (Typically chef owned)
Brew Pubs 40% of annual sales (A lot of interest in craft beer)
Billiard Parlors 40% of annual sales (Limited pool of buyers)
Cajun 30% of annual sales (Not big in New England)
Catering Businesses 30% to 40% of annual sales (Seller may have to stay)
Caribbean 30% of annual sales
Chicken 30% of annual sales
Chinese 30% of annual sales (Of reported sales)
Coffee Houses 30% of annual sales (Higher ingredient cost)
Continental 30% of annual sales (Heavy/rich menues not in vogue today)
Delis 30% to 40% of annual sales (Higher value if only5/6 days)
Diners 30% of annual sales (Competing with coffee shops)
Fine Dining 30% of annual sales (Good will lost when owner/chef leaves)
Gourmet Shops 20% of annual sales (+ cost of inventory which can be expensive)
Hamburgers 30% to 40% of annual sales (Very popular today)
Ice Cream 30% to 40% of annual sales (Higher volume in warmer climate)
Irish 40% of annual sales (If higher liquor sales)
Italian 30% of annual sales (Value down today)
Mexican 30% of annual sales
Night Clubs 20% of annual sales (High risk rate lowers value)
Pancake Houses 30% of annual sales
Pizza (if delivery) 30% of annual sales
Pizza (if no delivery) 40% of annual sales
Sandwiches 40% of annual sales (Not expensive to operate)
Seafood 30% of annual sales (Very high food costs)
Sports Bars 40% of annual sales (Beverage sales over 40%)
Steakhouses 30% of annual sales (Very high food costs)
Source: Business Brokerage Press and the Boston Restaurant Group, September 2013