Hi Paul,

Lee is absolutely correct - it all depends on a variety of factors. I will tell you, however, that I discourage my registered buyers from getting into the food service industry unless they've worked in the industry before. It's a tough nut to crack - even for "paint by the numbers" franchises - I really don't consider it just a business but a lifestyle - buyers should be ready to dedicate almost every waking hour to a restaurant. If it's their cup of tea (if you'll excuse the pun) - it can be a grand adventure. If not, it can be an albatross. Just my two cents.

Thanks!
Julie A. Barnes, CPA
President, SBX, Inc.
http://www.SmallBusinessExchange.net
http://www.AustinBusinessesForSaleBlog.com

Web reference: www.SmallBusinessExchange.net

it depends on various factors: a bargain always sells fast, this is for any business or item.
apart from that the main points: is it a desirable location? is the business in desirable condition, price, proifitability, equipment? is there financing available? will the seller carry any paper? how much advertisement in being done on the business? is it being promoted? is it fairly priced? how does it compare with other similar businesses?