Richmond, CA
$299,000
Richmond, CA
$299,000
Sacramento County, CA
$900,000
Contra Costa County, CA
$220,000
Norco, CA
$699,000
San Diego County, CA
$1,200,000
Twentynine Palms, CA
$125,000
Santa Clara County, CA
$650,000
Los Angeles, CA
$179,000
Saratoga, CA
$375,888
California
$400,000
Contra Costa County, CA
$200,000
Whittier, CA
$225,000
Oceanside, CA
$695,000
San Francisco, CA
$149,000
San Francisco, CA
$99,800
Burbank, CA
$320,000
Aaron Pfeffer
First Choice Business Brokers LA
Serving Los Angeles County, CA
First Choice Business Brokers is one of the largest business sales organizations in the U.S., listing over $12 Billion in businesses for sale since our foundation in 1994. First Choice Business Brokers specializes in business sales across all industries with transaction sizes from approximately $50,000 to $50 million. First Choice Business Brokers assists business owners in selling their businesses by locating and matching them with a buyer and managing the entire sales process. Additionally, we also work with business buyers to find the right business that meets their purchase criteria. With several offices located throughout the U.S., we have sold thousands of businesses, of all types, confidentially and efficiently through our vast buyer networks.
Livermore, CA
$120,000
Riverside County, CA
$11,000,000
Thousand Oaks, CA
$125,000
Commerce, CA
$149,000
Oakland, CA
$3,300,000
San Diego County, CA
$1,500,000
Orange County, CA
$150,000
Union City, CA
$500,000
San Bernardino County, CA
$190,000
Los Angeles County, CA
$69,000
San Bernardino County, CA
$175,000
Hawthorne, CA
$90,000
Riverside, CA
$750,000
Modesto, CA
$175,000
Monterey, CA
$149,900
Mendocino County, CA
$300,000
Danville, CA
$160,000
Los Angeles County, CA
$350,000
San Diego, CA
$399,999
West Covina, CA
$160,000
Los Angeles County, CA
$199,000
San Clemente, CA
$549,000
Hollywood, CA
$119,000
Los Angeles, CA
$250,000
Gardena, CA
$75,000
San Francisco, CA
$139,000
Los Angeles, CA
$95,000
Los Angeles County, CA
$160,000
Young Kim
Hana Realty & Investment
Serving Los Angeles County, CA
With a decade of experience in business and commercial real estate transactions, I specialize in guiding clients through successful business acquisitions, investment property purchases, and owner-user opportunities across Southern California. I’ve personally worked with more than 500 restaurant operators and business owners, delivering tailored advisory and brokerage services to meet their goals. As a licensed Realtor® and experienced consultant with a background in finance, I understand the numbers, the market, and most importantly—what it takes to close deals. My focus is always on protecting my clients’ interests, maximizing value, and fighting for what’s fair in every negotiation. Whether you’re buying a high-performing restaurant, selling your business, or investing in a retail or mixed-use property, I bring hands-on knowledge and an aggressive approach to get the job done. Fluent in English and Korean, I also help bridge the gap for Korean-speaking business owners and investors navigating U.S. real estate and business markets.
Daly City, CA
$249,000
Downey, CA
$200,000
San Francisco, CA
$125,000
Sacramento County, CA
$525,000
Kern County, CA
$449,000
Santa Clara County, CA
$199,900
Food and restaurant businesses are among the most common businesses bought and sold on BizBuySell. Whether you are a buyer or a seller, it is helpful to have some context on the local market. To provide that context, we have analyzed restaurant for sale listings in California and aggregated financial data to help you compare and evaluate individual restaurant businesses.
Market Snapshot
Number of Businesses Analyzed |
1,825 |
Median Asking Price |
$282,000 |
Median Reported Revenue |
$660,000 |
Median Reported Earnings |
$120,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
California Restaurant Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.29 |
1.91 |
Median |
0.42 |
2.50 |
Upper Quartile |
0.60 |
3.33 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Restaurant Business Valuation Multiples and Financial Benchmarks
FAQs
How much does it cost to buy a restaurant in California?
The median asking price for restaurants in California is $282,000. However, prices can range significantly higher or lower depending on location, size, type, and the financial health of the business.
How much do restaurant owners earn?
The median reported discretionary earnings for restaurant businesses listed for sale in California is $120,000. Earnings can vary greatly depending on the type of restaurant, location, management efficiency, and market demand.
How are restaurants in California valued?
Most business owners (and buyers) will start by applying earnings and revenue multiples to the businesses reported financials. This way buyers and sellers can gauge the value of a restaurant business relative to its peers in the market.
Based on our most recent analysis of California restaurant business listings, revenue multiples range from 0.29 to 0.60, with the median at 0.42. Earnings multiples range from 1.91 to 3.33, with the median at 2.50. This means restaurants in California are valued, on average, around 0.42 times annual revenue, and/or 2.50 times annual owner earnings.
On average, businesses sell for about 80-90% of asking price, so valuation multiples based on active listings tend to be higher than closed sale multiples.
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