Hospitality firms top the ‘up for sale’ chart

DARTFORD, ENGLAND - SEPTEMBER 02: Shops, cafes and a pub on the High Stret on September 2, 2013 in Dartford, England. High Street campaigner Mary Portas is today facing questions from Members of Parliament on the communities and local government select committee. The traditional high street is under increasing pressure due to the recession and the rise of on-line shopping.  (Photo by Peter Macdiarmid/Getty Images)

By Ishaan Tugnait

There are more hospitality and catering firms up for sale than any other type of business, according to a new report identifying establishments seeking new ownership.  

The study, from BusinessesForSale.com, said that businesses from the hospitality and catering sectors were continuing to keep their “stronghold” in the sale marketplace.

Across all its listings, 6,996 were from the hospitality and catering sector, the highest two of which were restaurants in second place with 1,440 listings and pubs in third place with 1,357. The report details the top ten sectors of listed businesses for sale out of a monthly total of 30,722 listings.

Residential businesses retained the top spot with 2,519 listings. However, hospitality was the dominant sector overall as seven out of the 10 categories were hospitality-related in June.

The report also looked at demand for businesses by sector and of the 51,576 enquiries received by BusinessesForSale.com in June 2015, 12,263 were for catering and accommodation-based businesses — a 5:3 buyer to vendor ratio.

Marketing director, Rufus Bazley, said: “Food, drink and accommodation businesses are always well represented, they appeal to established and emerging entrepreneurs and family-based businesses as they generally perform well through economic peaks and troughs. And as demand is higher than supply most vendors sell quickly and achieve their asking price.”

Below are the figures which show the latest listings for businesses up for sale.

Category Total Listings (June 2015)

Residential 2519
Restaurants 1440
Pubs 1357
Convenience Stores 1150
Take Aways 1043
Guest Houses/Bed & Breakfast 960
General Retail 879
Café Bars 755
Fish & Chip Shops 731
Hotels 710

Category Total Listings (January 2015)

Residential 2211
Restaurants 1257
Pubs 1211
Convenience Stores 1005
Take Aways 913
Guest Houses/Bed & Breakfast 828
General Retail 735
Café bars 701
Coffee Shops 685
Bars 664

Category Total Enquiries (June 2015)

Residential 3448
Convenience Stores 2587
Misc. Restaurants 2063
Take Aways 1991
Coffee Shops 1919
Café Bars 1884
Pubs 1540
Guest Houses/Bed & Breakfast 1456
Sandwich Shops & Delivery 1410
E-Commerce 1407

Category Total enquiries (January 2015)

Residential 2537
Convenience Stores 1646
Coffee Shops 1614
Pubs 1505
Misc. Restaurants 1496
Café Bars 1493
Take Aways 1375
Bars 1074
Liquor Stores/Off Licences/Wine Merchants 1064
Guest Houses/Bed & Breakfast 1038

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