Burger Shop in Busy Neighborhood Center

Burger shop in a popular and large neighborhood shopping center with several national chain anchor tenants, including Safeway, Starbucks, Exchange Bank, Dollar Tree & more. This burger shop occupies a great corner unit with wrap-around windows and is adjacent a bustling outside patio shared by multiple tenants. A qualified buyer can execute a new & different concept or a similar menu/brand. The restaurant is well-equipped and set-up to accommodate most concepts—there are some exclusions due to other restaurants in the center.

ADDITIONAL DETAILS:

- The shop is 1,400 square feet (approx.) with seating for 42 and seating for 20 on the outdoor patio

-Current rent is $6,377.83 plus $1,071 NNN (approx.) with current term ending Jan 2025 and + one 7-year option to renew. Qualified buyer to work with landlord on lease terms.

- Equipment includes: 13’-0 (approx) Type-1 hood exhaust hood, 2 deep fryers, a flat grill, char-broiler, a single door reach-in freezer, Two double door reach-in refrigerators, refrigerated prep station, and more.
- Founded in 2018, the shop operates 7 days a week 11:30am-8:00pm
-Ownership works full-time with 2 full-time employees and 10 part-time employees

-Inventory valued at $5,000 (approx) is not included in the purchase price.

-Seller’s current brand, menu and recipes are not included in the sale

-Premises is licensed with at Type-41 ABC Beer and Wine license.

PRICE INCLUDES: Furniture, fixtures and equipment, covenant not to compete training period, leasehold interest, goodwill and leasehold improvements. Tradename, brand, recipes and menu are not included. Some personal items/items owned by the landlord may also be excluded from the sale.

Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial and/or legal advisers with regards to this information.