FOR SALE: 2,400 sf 2nd Gen Restaurant at The RIM in SATX!
Offered at $275,000
Restaurant Realty Group has been exclusively retained to offer for sale a fresh 2,400 sf restaurant with covered patio located at The RIM in San Antonio, one the city's top shopping destinations. The restaurant is in a high visibility location and is currently operating as a national pizza franchise. The build out is fresh and the interior lends itself well to many different concept types. The new owner of this business can take this concept and turn it around or re-concept the space as desired (with landlord approval). Rare opportunity to enter one of San Antonio's premier shopping destinations and/or get a great deal on a hot franchise concept!
Photographs
The following photographs represent the current condition of the restaurant space and the property inside.
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Furniture, Fixtures & Equipment (FF&E)
The cost of starting a restaurant from scratch is HUGE. Fundamentals like heating, air conditioning, vent hoods, plumbing, electrical, grease traps, sewage and fire suppressant systems cost far more than many people realize. For example, starting with a 2500 SF shell, tenants in the San Antonio area typically pay anywhere from $400,000 to $700,000, and up, for a complete build out... making it much less expensive for independent and small chain operators to purchase an existing restaurant operation than to start from a shell.
This sale includes all of the furniture, all of the fixtures, and all of the equipment inside of the space... including dining room tables and chairs, bar stools, booths, patio furniture, pizza ovens, walk-in refrigeration, grease trap, kitchen equipment, smallwares, audio system, POS system, security system, and much more.
Plans Equipment List.pdf
Lease Summary
Current lease structure is a base lease plus triple net expenses (taxes, insurance, and maintenance). The new owner of the restaurant will be assigned the current lease, with LL approval. Please contact us for a copy of the lease.
Commencement: 10/1/2014
Expiration: 10/1/2024
Size: 2,400 sf
Monthly Lease:
Current Lease with NNNs is approximately $ 8,077.00
The broker for the landlord is currently quoting $40/sf for shell space at The Forum.
Please contact us for a copy of the lease.
Location Information
The restaurant is located within The RIM shopping Center at 17503 Agora Pkwy, San Antonio, TX 78257, and is currently operated as Urban Bricks Pizza Co. It's strategically located in a high visibility space with abundant parking.
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Demographic Data
The following demographic report provides valuable information and insights specific to Urban Bricks Pizza Co. at The RIM in San Antonio broken down into the traditional one, three and five mile rings. The report is in-depth and interactive. Move the mouse over pictures and graphs for additional information. Please, take your time and study this information. If you have a current location, or locations, you wish us to compare in a report, please contact us and we will be happy to work with you.
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Financials
The seller is happy to provide financial information to potential buyers so that they may see sales, utilities, etc. Please contact us for more information.
Contact Information
If you are a qualified buyer with further interest in this business, please contact us. We'll be happy to help you with any questions, comments, concerns or requests that you have. If you would like to schedule a tour of the space, please propose two dates and times in the "Comment" box and we will do our best to accommodate you.
Broker Info
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DISCLAIMER: The above information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.
