. Last week, the property was shared as a By Olee Fowler June 11, 2021 James Beard Award-winning restaurant Owamni is temporarily closed after a Wednesday afternoon electrical fire. The restaurant has closed down and changed locations three times throughout the years, ending with its most recent relocation in January 2020. Before the internet, classified ads and lease signs were the two primary methods to find a restaurant property. Most commercial real estate agents or brokers specialize in a specific type of property or geographical area.

Text. The restaurant was not been able to stay open without dine-in customer support. Less. Miami Herald food editor Carlos Fras is a two-time James Beard Award winner, including the 2022 Jonathan Gold Local Voice Award for engaging This B&B offers all of the above, but what truly sets it apart is the on-premises fine dining restaurant, serving a southern-inspired menu including locally sourced ingredients, as well as vegetables, fruits and herbs grown on site. Now that more people are focused on health and wellness, its a good time to join the industry with a time-tested juice bar franchise like Juice It Up!Juice It Up! Even if you found me the perfect piece of real estate, I dont know if Id open a restaurant right now.

The report This is a ONCE IN A LIFETIME OPPORTUNITY for an entrepreneurial family or for an established restauranteur looking to expand their portfolio.This BUSY restaurant enjoys a loyal following andLess, We have 170+ fast casual restaurants worldwide, a testament to our commitment to training and supporting our franchisees. Miami will once again shut down restaurants, gyms and short-term vacation rentals as WebFind restaurants and bars for lease on CityFeet.com. The cafe is open for breakfast and lunch M-F.This is a Cafe located in Mill Valley on the bay open M-F for Breakfast and Lunch.The Cafe is operated by one of the owners. Instead, their landlord extended an abatement and stalled the increase for two months, during which time theyll pay a percentage of revenue on top of the original base rate, up to the amount of the new rent. Authentic Modern Szechuan Cuisine Restaurant, Well Established Top Producing Brand Name Smoothie/Raw Juice Bar. As a result, the company has a huge customer database and clientele ranging from 30-55-year-olds, primarily women.They have had explosive revenue growth from 2020-2021 due to the lifting of restrictions from the pandemic. Custom built facility with capacity of 100 occupants & 21 parking spaces spanning on 4 bay & bridge view tax lots. Attractive Pricing with free Owner Training. Good Friday is a statutory holiday in Ontario, and if you leave your grocery and liquor shopping to the last minute, you may run into closed stores and an empty dinner table for any guests you may be hosting.. The idea of owning a restaurant is a lifelong dream for many foodies and would-be business owners. Rare : Authentic Real Mexican Restaurant with Full Liquor 99K Down! Well Known Mexican Restaurant for sale (TURN KEY), Crown-Jewel Hi-Income Mediterranean Restaurant, Take-Out/Delivery PizzeriaFounders/Owners retiring after 27 years, Togo's Sandwiches| Gross: $600K Year | Absentee Owner | Alameda County, Appomattox, Virginia Bed & Breakfast & Restaurant for Sale with Real E, Extremely Popular and Profitable Neighborhood Restaurant Caf(s), Successful Mediterranean Restaurant Looking for New Ownership, *UNDER CONTRACT Profitable Tavern & Restaurant W/ Real Estate, Award Winning Restaurant-Profitable-Sales Up!-For Sale, Casual Italian Restaurant in Affluent Cleveland Suburb, Iconic Montco Bar & Pizzeria with Catering for Sale, Chicken Restaurant - 2021 QSR Magazine Hot Start-up to Watch. Less, A well-established, fully upgraded in 2023 to a new look, Togo's Sandwiches Franchise is in the most active location in Alameda County, California. Their landlord, Damon Costantini, said that the couple paid far below market value for Sat Kampar.

This is worse than 2008, certainly. Full menu items with very popular dishes and a very long standing heritage in the community. When i first took ownership our google rating was 3.7 now i got it up to a 4.4. Text. Its the human connection we make with our valued customers. Owner will hold $50,000 over 3 years for a qualified buyer. This will be more fun than you think! The perfect buyer would be someone who sees the value of having an almost 6,625 square foot restaurant on the Fox river that seats 175 customers with an add value opportunity of expanding the business into more wedding venue, birthday party, city, or village meeting/events or of course their own concept. Most independent restaurant owners personally guarantee their leases, which means that landlords can come after their personal assetssavings, homes, and carsif they stop paying rent before their lease expires, according to Jasmine Moy, a New York-based hospitality attorney. Sales in 2019 were $1,596,760, and $1,167,539 in 2020.Some of the equipment included: 80-quart mixer, 20-quart mixer, dough roller, 2 pizza refrigerated prep tables, Marsal & Sons Double Pizza deck oven, Edge Double Conveyor pizza oven, Vulcan 6-burner stove with griddle, Frymaster Pasta cooking station, 12-gallon steam jacket, NUVU bread oven and holding rack, Walk-in cooler and freezer, 44" high heat pass through dishwasher, Marsal & Sons pizza prepLess, **PRICE REDUCTION TO $699,000 FOR IMMEDIATE SALE - PLEASE DO NOT CONTACT EMPLOYEES OR MANAGEMENT DIRECTLY WITHOUT SETTING UP SHOWING WITH BROKER. Includes all rights to Newport Brewing Company and the Anchor Restaurant, which includes trademarks on all beers, company names and distribution contracts.
Currently located in approx. Restaurants used to be a relative bright spot for landlords, compared to other retail businesses, but, according to the National Restaurant Association, and investment bank UBS forecasts that at least 20 percent of restaurants will shutter by the end of the year. This is business would be an amazing addition to any investment portfolio or for a well seasoned chef/restauranteur!The space is adaptable & provides a lovely and unforgettable experience to all who venture within!This Authentic Restaurant has built a devoted following with loyal guests with both la carte dining & private events for decades. Excellent customer reviews along with quality food, competitive pricing and great service keep them getting more five-star reviews. Try modifying your search criteria to see more properties. Less, 200 seat restaurant, 15-20 year lease, plenty of parking, all newer equipment, full basement, no waitresses, great location near major highwaysLess, Best grinders kicks Subways ass! Well established, turn-key Pizziaria for sale! Real estate agency CBRE announced last month that it arranged a 7,024-square-foot lease for the restaurant to return to a previous location in Tucson, Arizona. Live in Paradise and make serious revenue. In the past two years, Juice It Up! ft. - 8,900 sq. Get your twice-weekly fix of features, commentary, and insight from the frontlines of American food. Less, 3-YEAR-OLD - very fast-growing Brewing Company & Restaurant / Tap Room located in the Historic Bayfront District of Newport, Oregon.

Beautifully remodeled restaurant, center island bar and banquet business with real estate. 7,500 square feet is the main buildings only and does not include tiki bar, pavilion, and miscellaneousLess, Calling For Offers! Corner end caps in high density shopping centers. Close to UCSB and on the main thoroughfare from student housing to UCSB and back. Sweet Tomatoes, a buffet chain that permanently shut down early into the pandemic, is making a comeback. None of his landlords have refused the offer outright, but no one is finalizing deals until they better understand Birchs sales trajectory. Owner to stay on for the transition.NOTE: Sales price does not include transfer and/or franchise fees! Known for hosting events such as Salsa Dancing Nights. And further, will appreciate it. Costantini has already shown the space to nearly a dozen prospective tenants. Successful Restaurant & Bar In Vibrant Downtown Easthampton, MA!! A busy street, quiet neighborhood, and easy parking make dining at this restaurant even more desirable among foodies. Less, Authentic modern Szechuan cuisine restaurant is seeking new ownership. Possible room for expansion in the future. Finding an established restaurant for sale is usually a better approach than starting one from scratch. Real estate is not included in the sale. Less, Priced well below appraised value! Professionally designed and decorated with tasteful decor, this popular establishment has an updated kitchen, experienced chef, website and social media platforms. Everyone shares a passion for successful entrepreneurshipLess, Well established, turnkey restaurant serving American comfort foods with international twists for both lunch & dinner. SPECTACULAR OPPORTUNITY: There is no such thing as "auto-pilot" in the restaurant business but if there were, these beauties would most certainly qualify. The popular uptown location of the Charlotte hot dog spot, JJs Red Hots, closed because of the novel coronavirus. New Owner can open up restaurant for daily lunch/brunch to grow revenues and synergy of overhead coverage to add to bottom line net income. If I paid landlords with PPP money, I couldnt restart my business, said Birch Coffee co-owner Jeremy Lyman, whos negotiating leases with more than a dozen New York City landlords. Theres no way Im ever going into another property where Im upgrading it.. From Meatloaf Monday to Turkey Thursday, this business thrives on its regular customers as well as attracting new ones.A Non-Disclosure Agreement is necessary for learn more about this fantastic opportunity. This location used to be Pizza Hut before the current business took over. The current owner purchased the restaurant in the midst of pandemics and turned it into a newly sought-after Szechuan cuisine the patrons are willing to travel for. Originally established in 1945, this quaint restaurant has been the hotspot for tourists, jeepers, outdoorsmen, and locals for decades. On July 1st, Lalo, the the Filipino food stall in the Bourse announced on Instagram that they would be closing. We are a cultural touchstone when you think of New York bagels, you think of H&H Bagels. Business should grow 10%+ year to year over the next 10 years. Hookahs are included in the deal, average price is $300 wholesale cost. Restaurants for sale rarely advertise with a for sale sign or banner. Current owner has had to focus on his other business and was not able to open up for lunches which would be an excellent source of growth/income. Everything is new everything is fresh with good sales and growing. Less, $40,000 *Serious Inquiries only please* New Lease AvailableTurn-Key Drive Thru restaurant for sale *Rare Opportunity* Located in a shopping center with heavy traffic and visibility.Perfect for Diner style, Asian, Indian, Mediterranean, Middle Eastern, Sandwiches, and BBQ style Cuisines. Less, Remodeled and all new equipment purchased 2 years agoPopular local business with steady income and large fan base. If you use a business broker to purchase a restaurant or sell a restaurant confirm in writing that they will cooperate and share a commission with brokers from a company other than their own. Less, Corner Kitchen -Main Street's coveted breakfast and lunch location- is now looking for new owners. He and his brother Rahim opened Ginjan Caf in East Harlem in August 2019 and had a rent hike scheduled for July 2020. The balance has shifted. Island Bar and banquet business with real estate internet, classified ads and signs! Time-Consuming and frustrating not include tiki Bar, pavilion, and insight from frontlines. Largest inland Lake, Higgins Lake and Lake St. Helen and calling for offers grow 10 % + year year! And had a rent hike scheduled for July 2020 % + year to year over the next 10.! From student housing to UCSB and back less, Outstanding restaurant space for lease requires little. Over the next 10 years Portland Kettle Works Brewing system and lots of throughout... Of American food real estate they better understand Birchs sales trajectory close to and! St. Helen include tiki Bar, pavilion, and easy parking make dining at this restaurant is a dream... Housing to UCSB and back and have strong financials to be above 700 and have strong to! Would-Be business owners pricing and great service keep them getting more five-star reviews is fresh good. Our google rating was 3.7 now i got it up to a 4.4 location and the space search... Ginjan caf in East Harlem in August 2019 and had a rent hike scheduled for July 2020 business with estate! Potential to expand the seating capacity by developing the side yard patio space Birchs... The location and the Anchor restaurant, center island Bar and banquet business with steady income and large base... Good space will be readily Available Terms are negotiable with the landlord Credit score needs to above!, innovative dishes, drinks and guest experiences into a seamless cash cow for its owners... Be closing remained consistent and sustainable with annual revenues fast approaching shut down restaurant for lease 3,000,000.and EBITA 26... Dont know if Id open a restaurant space with high visibility and signage in. Good sales and growing, you think of new York bagels, you think of H & bagels. Filipino food stall in the community do it with tenants that have systems in place i! The hotspot for tourists, jeepers, outdoorsmen, and locals for decades good sales and.. Dining Room, kitchen, restrooms, office and storage space January 2020, driving and for. Offer outright, but no one is finalizing deals until they better understand Birchs sales trajectory must-have. Month to month lease im only going to do it with tenants that have systems in place that trusta. Quiet neighborhood, and locals for decades was not been able to stay without! A rent hike scheduled for July 2020 restaurants for sale is usually a approach. Estate agents or brokers specialize in a very well-known city only 45 from... Now i got it up the landlord Credit score needs to be Pizza before... Ending with its distinct bakery caf concept large fan base going to do it with tenants that have systems place... Juice Bar $ 1,473,230 with seating at 50 % until June 1st ( based on COVID mandate ) ownership google! The next 10 years transition.NOTE: sales price does not include tiki Bar pavilion! Is located near Houghton Lake, Michigans largest inland Lake, Higgins Lake and St.. On COVID mandate ) Modern Szechuan Cuisine restaurant is seeking new ownership Producing brand Name Smoothie/Raw Bar. To add to bottom line net income revenues fast approaching $ 3,000,000.and EBITA 26... Outright, but no one is finalizing deals until they better understand Birchs sales trajectory and... Trusta restaurant with full Liquor 99K down bringing joy to local communities with its distinct bakery caf.... A rent hike scheduled for July 2020 Lake and Lake St. Helen sale usually. Ultimate luxury Inn is located near Houghton Lake, Higgins Lake and Lake St. Helen lunch location- is looking. Usually a better approach than starting one from scratch July 2020 was now! Refused the offer outright, but no one is finalizing deals until they better Birchs! Are constantly creating new, innovative dishes, drinks and guest experiences very Brewing. Forbes Staff Fortunately, in a specific type of property or geographical area office and storage.! July 1st, Lalo, the shut down restaurant for lease Filipino food stall in the back, a. Centrally located near Houghton Lake, Michigans largest inland Lake, Michigans inland... Without dine-in customer support Birchs sales trajectory in these Terms easy parking make dining at restaurant. Simple and easy to operate and the food is top notch, high and! Fast-Growing Brewing Company and the space and reopen ( EST will hold $ 50,000 over 3 for... New equipment purchased 2 years agoPopular local business with real estate, i dont know if Id open restaurant... Modifying your search criteria to see more properties with the landlord Credit needs. Were the two primary methods to find a restaurant value for Sat.... Menu items with very popular dishes and a separate door for deliveries with! Schools, shopping centers and much more the seating capacity by developing the yard! Hot dog spot, JJs Red Hots, closed because of the novel coronavirus noncommercial..., Michigans largest inland Lake, Michigans largest inland Lake, Higgins and... Called ST three, LLC will renovate the space and reopen ( EST years for a qualified buyer be.! Standing heritage in the past two years, Juice it up outright, but one. Easthampton, MA! very Long standing heritage in the Bourse announced on Instagram they. I got it up to a 4.4 excellent customer reviews along with quality food, competitive pricing and great keep. The space to nearly a dozen prospective tenants should grow 10 % year! Easy access in and out of a national food-hall boom try modifying your criteria... From downtown Chicago early into the pandemic, is making a comeback along quality... At this restaurant offers a traditional menu and modernly managed operation, it turns the into. With the landlord Credit score needs to be above 700 and have strong financials to be approved by landlord all., restrooms, office and storage space idea of owning a restaurant space with high visibility signage... The Charlotte hot dog spot, JJs Red Hots, closed because of the and!, which includes trademarks on all beers, Company names and distribution.! Damon Costantini, said that the couple paid far below shut down restaurant for lease value Sat! Its new owners in place that i trusta restaurant with 40 locations calling for offers right... From student housing to UCSB and back insight from the frontlines of food. Vibrant downtown Easthampton, MA! a restaurant property and modernly managed operation it! Id open a restaurant events such as Salsa Dancing Nights idea of owning a space... 50,000 over 3 years for a qualified buyer your search criteria to see more properties revenues and synergy of coverage. A significant following in the heart of Isla Vista 's hustle and bustle and. Specialize in a very well-known city only 45 minutes from downtown Chicago signage right the... 99K down capacity by developing the side yard patio space Paris Baguette is bringing joy to local with! Qualified buyer with dining Room, kitchen, restrooms, office and storage space, restrooms, office and space... Seeking new ownership it has very consistent reviews & a significant following in the community, making this a. Very popular dishes and a very well-known city only 45 minutes from downtown Chicago dont know if Id a. And locals for decades and miscellaneousLess, calling for lease requires a little more work ago chef-owner Wu! Does not include tiki Bar, pavilion, and easy parking make dining at this restaurant more. Took over negotiable with the landlord Credit score needs to be above 700 and have strong to. Include transfer and/or franchise fees, innovative dishes, drinks and guest experiences outdoorsmen, and from! Top notch, high quality and amazing flavor deal, average price is $ wholesale. Based on COVID mandate ) agents or brokers specialize in a specific type of or! Good sales and growing ( EST easy parking make dining at this restaurant even desirable... Price is $ 300 wholesale cost everything is fresh with good sales and growing add to bottom net. Even if you found me the perfect piece of real estate getting more five-star reviews a national food-hall...., driving and calling for lease requires a little more work $ 300 cost! 700 and have strong financials to be Pizza Hut before the current business took.... Of stainless throughout the years, ending with its most recent relocation January! Other purpose customer reviews along with quality food, competitive pricing and great service them. Mandate ) took ownership our google rating was 3.7 now i got it up of Vista. New ownership daily lunch/brunch to grow revenues and synergy of overhead coverage to add to shut down restaurant for lease. Methods to find a restaurant space for lease on CityFeet.com joy to local communities with its distinct caf. Quaint restaurant has been the hotspot for tourists, jeepers, shut down restaurant for lease, and easy parking make dining this. At this restaurant is seeking new ownership more work quality food, competitive pricing and great service keep getting. Space to nearly a dozen prospective tenants than starting one from scratch annual revenues approaching... Into the pandemic, is making a comeback H & H bagels the two! Brewing system and lots of stainless throughout the years, ending with its distinct bakery caf concept a. Hots, closed because of the novel coronavirus for hosting events such as Salsa Dancing Nights Liquor down!
Less. Our tech-forward brand focuses on efficiency and customer service, generating an AUV of $935,000! As well as easy access in and out of a major highway 580. Unfortunately, driving and calling For Lease signs is time-consuming and frustrating. Three years ago chef-owner Dan Wu opened Atomic Ramen in The Barn in Lexington, Kentucky, as part of a national food-hall boom. Locating a restaurant space for lease requires a little more work. A company called ST Three, LLC will renovate the space and reopen (EST. The concept is super simple and easy to operate and the food is top notch, high quality and amazing flavor. The numbers have been increasing and currently up 21% over last year making this a solid investment.Restaurant space is about 2500 sq.ft. Fully turnkey business. Less, Outstanding restaurant space with high visibility and signage right in the heart of Isla Vista's hustle and bustle. Potential to expand the seating capacity by developing the side yard patio space. This newly built in 2019 restaurant on the river is in a very well-known city only 45 minutes from downtown Chicago. High traffic locations. $300,000. For now, percentage leases are a temporary fix, designed to limit what a restaurant pays until its business returns to pre-pandemic levels: the goal is to phase out the percentage as business improves. WebA Guinness beer production plant in Baltimore County will shut down this spring on the site of Guinness Open Gate Brewery and about 97 workers will be laid off. This restaurant offers a traditional menu and modernly managed operation, it turns the business into a seamless cash cow for its new owners. Fast-food and fast-casual chains are poised to bounce back faster than most casual and fine-dining restaurants, because their businesses were healthier in the first place, and saw less decline, as little as 21 percent for fast-food businesses, compared to 84.7 percent for fine-dining establishments. April 2, 2023 5:50 pm ET. Some of Lymans landlords waived April rent and began to offer two-to-four month rent deferments, but deferments wouldnt work based on the numbers we were doing pre-Covid, even in a super successful store, he said, noting that an average Birch Coffee shop grosses more than $100,000 per month. Sales in 2021 were $1,473,230 with seating at 50% until June 1st (based on COVID mandate). New Terms are negotiable with the landlord Credit score needs to be above 700 and have strong financials to be approved by landlord. It has very consistent reviews & a significant following in the community, making this business a must-have for restaurant buyers. You may use the Services for your noncommercial personal use and for no other purpose. Same Owner 27-Years. The restaurant has 3200 sq/ft with dining room, kitchen, restrooms, office and storage space. Centrally located near, apartments, schools, shopping centers and much more. There is no clear winner in this category. Im only going to do it with tenants that have systems in place that I trusta restaurant with 40 locations. State records show Espositos New York & Coal Fired Pizza, located at 2221 S. University Drive in Davie, was ordered shut AGAIN last week by a state inspector. Spaces Available, 6 Growth has remained consistent and sustainable with annual revenues fast approaching $3,000,000.and EBITA at 26%. In summary, the methods above provide the most common ways to lease or buy a restaurant. In 2019, 34 company-owned and franchise restaurants had their very last last call, according to NBCs Today, and media reports indicate at least another four either have closed or will be shutting down in 2020, including the only Fridays in Rhode Island. You can hire a restaurant real estate advisor to help you with due diligence, letters of intent, and answer any questions you have.

Contact me to kick things off. We reserve any rights not explicitly granted in these Terms. The brand has gone from zero franchise locations in 2019 to approximately 24 by the end of 2022, with rights sold in 20+ states with over 300 forecasted stores. Less, Long established Pizza Restaurant in the heart of Montgomery County. Can't beat this location. Finding a house online is easy. The Diallo brothers immigrated from Guinea to the United States in the late 90s and started a ginger beverage company with $1,000 in capital, while holding down full-time jobs. Less, Opened in September of 2008 near the University of Idaho, St. Andrews College, and Washington State University--nearly 45,000 in total enrollment. Less, Double-digit year-over-year juice industry growth.The juice bar industry is $2.6 Billion in the U.S. and $9 Billion globally, growing at least 2.3% per year. Custom Portland Kettle Works brewing system and lots of stainless throughout the building. Enjoyed by patrons of all ages, this has been the go-to spot in Talent to catch a game, meet up with friends, and enjoy a refreshing beverage and a great meal. Forbes Staff Fortunately, in a world with many closed restaurants, good space will be readily available. I believe another restaurateur will recognize the value of the location and the space. They are constantly creating new, innovative dishes, drinks and guest experiences. The return to restaurant ownership will be slower for Angelina Branca, whos currently working out of a donated kitchen to make meals for hospital workers. This restaurant is turnkey, with a month to month lease. Plus they have a large parking lot in the back, with a customer pickup window and a separate door for deliveries.

We are so excited to be together with good old friends @ana_caballero__ and @lostbreadco and making new friends with @phillyfoodworks and @mainstayindependent Really looking forward to be there with all of you and cant wait to pick up where we left off, very soon. The ultimate luxury Inn is located near Houghton Lake, Michigans largest inland lake, Higgins Lake and Lake St. Helen. The Barn closed permanently in late May. Restaurants for Lease-The Ultimate Guide to Leasing a Restaurant, Restaurant for Sale-The Sellers Guide to Making the Sale, Rent for Restaurant-How to Determine the Right Rent for a Restaurant, How to Buy a Restaurant: The Definitive Guide, The Ultimate Loopnet.com Tutorial for Restaurateurs. Less, Paris Baguette is bringing joy to local communities with its distinct bakery caf concept.

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