Lease Assignment Former Bakery

Vienna, VA
300 sq ft retail, 700 sq ft kitchen
Asking Price:$10,000
Established Year:2022
ASSET SALES DESCRIPTION

*Requirements to apply for this space:
-You must already have an existing food business or concept
-Must have strong personal or business financials
-Must sign a personal guarantee*

Lease assignment for a bakery in Vienna VA! To apply for this space you must already be in business. The existing business is not for sale, just passing on the lease. Landlord will require personal guarantee, financial application, and need to see income statement and tax return for your business/personal. If you don't have strong financials, the landlord will not accept your application.

Rent = $5,450 ($4,210 base rent + CAM). No percentage rent. 3% annual increase.

1,090 square feet in total

8 years left on lease + a 5 year option

Carry-out only. There is no indoor seating, great for carry-out and delivery concepts

Included is a type 2 hood, two has ovens, 2 hand sinks, one 3-compartment sink, new water heater (2024), new HVAC (2022)

Type 2 hood which can be converted into a type 1 hood by installing a suppression system

$4,087.50 security deposit payable upon lease assignment execution


DETAILED INFORMATION
Location
Vienna, VA
Facilities
The space is divided into 300 square feet of retail and 700 square feet of kitchen
Support & Training
If needed
Reason for Selling
Business is relocating
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Johnny Nguyen
Johnny Nguyen