Closed Newk’s Eatery for Lease–Freestanding Downtown Columbia SC-Steps from River & U of SC- $1.2M Buildout–No Purchase Required–Any Concept Works
Closed Newk’s Eatery for Lease–Freestanding Downtown Columbia SC-Steps from River & U of SC- $1.2M Buildout–No Purchase Required–Any Concept Works
Price: $150,000
Location: Richmond
Industry: American Restaurants
Listing ID: 2001
Closed Newk’s Eatery for Lease – Freestanding Downtown Columbia South Carolina Steps from River & U of SC- $1.2M Buildout – No Purchase Required – Any Concept Works
Newk’s Eatery National Franchise for sale.
Located at 707A Gervais St, Columbia, SC 29201.
“In your face” Downtown Columbia South Carolina Location.
Steps from River & University of South Carolina.
High Visibility.
$1,200,000 state of the art build-out.
Freestanding 4,760/sf.
Seating for 120 guests.
Outdoor covered patio seats 25.
$8,500 monthly, all in, rent.
A five-year lease with a five-year option to renew.
Established in 2016.
Keep or Convert to any Concept.
Due diligence is available.
Priced at $150,000 which includes all furniture, fixtures, equipment and $40,000 Aloha POS System or lease without all assets at $45,000. Both options include administration fees and $24,000 ( three months rent ) in Landlord Security Deposits necessary to close.
Gross Revenue: N/A
Cash flow: N/A
FFE Included: Yes
Terms and Conditions?:
Priced at $150,000 which includes all furniture, fixtures, equipment and $40,000 Aloha POS System or lease without all assets at $45,000. Both options include administration fees and $24,000 ( three months rent ) in Landlord Security Deposits necessary to close.
Reason For Sale:
Space for lease.
Training & Support:
No.
Year Established: 2016
Days & Hours of Operation: N/A
Owner Hours Per Week: N/A
Employees: N/A
Managers: N/A
Monthly Rent: $8,500
Type of Location: Freestanding Building
Facilities Information:
Steps from River & University of South Carolina. High Visibility. $1,200,000 state of the art build-out. Freestanding 4,760/sf. Seating for 120 guests. Outdoor covered patio seats 25. $8,500 monthly, all in, rent. A five-year lease with a five-year option to renew.
Owner Qualifications:
Ask business broker for details.
Competition:
Ask business broker for details.
Potential Growth:
Ask business broker for details.