Food & beverage businesses for sale
Restaurants, food production, regional brands, bakeries and beverage distributors across Spain, Italy and Japan. From single-location operators to multi-unit groups.
Market context
Post-COVID consolidation continues across F&B SMBs. Independent operators who survived without restructuring are now selling at realistic multiples. Production-side businesses (bakeries, regional CPG, beverages) carry strong succession dynamics with branded IP that travels well across borders.
Typical opportunities
Restaurant groups, food producers, regional CPG brands, bakeries, distribution businesses. €500k–15M revenue.
Who acquires here
Hospitality groups, food platforms, family offices, operators with F&B background.
Hot regions for food & beverage deals
Madrid, Barcelona, Valencia, Bilbao for restaurant groups; La Rioja, Andalucía, Galicia for production.
Milan and Rome for hospitality groups; Emilia-Romagna and Piemonte for food production.
Tokyo, Osaka, Kyoto for hospitality; regional prefectures for branded production (sake, miso, soy).
What these businesses typically sell for
Multi-unit operators command a premium; single-location restaurants often trade at fixtures-and-fittings plus 1× SDE.
From shortlist to closing
- 01Source & shortlist
Filter live deals by country, ticket size and operator profile. We surface the public listing plus a structured memo with the seller's public footprint, registry filings and press history.
- 02Initial outreach (NDA + LOI)
Most listings here are broker-mediated. After NDA, expect a teaser, then a CIM with audited accounts. A non-binding LOI follows once you confirm fit on price, financing and transition.
- 03Due diligence
Financial, tax, legal, commercial and operational DD over 6–10 weeks. For succession deals, retention of the founder for 6–24 months post-close is standard and often a deal-breaker if missing.
- 04SPA & closing
Local notary in ES/IT, judicial scrivener in JP. Expect earn-outs or vendor financing on 30–50% of succession deals where the seller wants tax deferral or a clean transition.
What to verify before you sign
Restaurant leases often require landlord consent for transfer; verify before LOI.
For production businesses, verify recipe ownership, exclusivity of suppliers and any private-label arrangements.
Sanitary inspections in ES (Sanidad), IT (ASL) and JP (HACCP) leave a public record — pull it before LOI.
Buying a food & beverage business
- How are these food & beverage businesses sourced?
- We aggregate listings from official SMB marketplaces in Spain (Bizalia, Negocius, Idealista), Italy (Cherry Acquisition, Bakeca Aziende) and Japan (Tranbi, Batonz, Smergers). Every result links back to the original public listing — we don't re-list, we surface.
- Are asking price and revenue available for every listing?
- When the source publishes them, yes — we extract asking price, revenue and EBITDA into the card. Many succession deals are listed without financials by design; for those we generate an investor memo on demand using the public footprint.
- Can I get alerted when new food & beverage deals appear?
- Yes. Members get weekly off-market alerts filtered to this category and country. The cache refreshes weekly across all sources.
- Do I need to be in Spain, Italy or Japan to acquire one of these businesses?
- No. Cross-border SMB acquisitions are well-established across all three countries. Spain and Italy welcome EU and non-EU buyers with no restrictions on share purchases. Japan allows 100% foreign ownership of SMBs; the practical bottleneck is local advisors and language, both of which we can introduce members to.
- What's the typical timeline from finding a food & beverage deal to closing?
- Three to nine months is normal for an off-market succession deal. Listings on official marketplaces tend to move faster (60–120 days) because the seller has already engaged a broker and prepared a teaser. Distressed and court-driven sales follow a fixed calendar set by the auction or insolvency procedure.