New 2100+ SF Turnkey Restaurant for Sale in Downtown Boerne!
905 N. Main St, Boerne, Texas - $50,000
Restaurant Realty Group has been exclusively retained to offer for sale a fresh, new turnkey restaurant that is fully equipped and ready for business. In early 2018, this year, the owner leased the existing shell space and built-out a brand new restaurant (Thunderbolt Tacos). Unfortunately, the owner now has a personal issue that requires he shut down and sell the restaurant before he ever really gets to operate it. With over $500,000 recently invested in the finish out, this 2,100+ SF space is a great way to start a restaurant without all the expenses of starting from scratch.
The following current photographs represent the present condition of the space and property. As you can see, the space is very clean, very fresh and practically new. To view additional photos, click the icons below. Or, click the "Play" button in the upper left hand corner of the current photo to automatically cycle through all of them. (You may first need to click the current photo to see the "Play" button.)
The restaurant operates in a high-visibility end cap within a small shopping center located right on Main Street. If you are driving down Main St., it's hard to miss as it extends towards the street. In early 2018, just a few months ago, the entire space was finished out from a shell and the entire space remains in excellent/new condition. The restaurant has a large, covered patio and the shopping center has easy ingress and egress with plenty of parking. The space also provides excellent signage opportunities and there are many activity generators in downtown Boerne.
The interior is very open and can be easily converted to many other types of concepts. The interior space measures 2,116 SF and is currently configured with a dining room, order counter, restrooms and kitchen. The dining area provides seating for approximately 64 guests.
The 600 sf patio is highly visible to oncoming traffic and is completely covered, fenced in and well lit. As configured, the patio offers additional dining for approximately 30 guests. There's also two grease-traps (100 gal and 75 gal), a walk-in cooler in and a large vent hood system. The shopping center has plenty of private parking, a rarity in downtown Boerne.
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 2000 SF shell, tenants in the San Antonio area typically pay anywhere from $300,000 to $600,000 and up for a complete build out... making it much less expensive for independent and small chain operators to purchase an existing restaurant than to start from a shell.
This is an asset sale. It includes all furnishings, fixtures and equipment inside the space, including, but not limited to, all indoor and outdoor tables, chairs, booths, kitchen equipment, kitchen smallwares, kitchen utensils, refrigeration, alarm system, phone system, point of sale system, safe and many other valuable assets. (If you see it in the pictures, it's probably included.)
Please review the following equipment list. (We believe all items are in the premises but a complete inventory has not been done against this list.)
The current lease is very attractive with base lease of just $11 psf plus NNN's, currently at $5.00 psf (payments of $2,821.00 per month including NNNs). The owner is in about 14 months on a five-year lease with the option to extend the term another five years. The $11 psf base lease is well below market rates and the NNN's are low too. With the Landlord's consent, this great lease would be assigned to the buyer/tenant.
The restaurant is located at 905 N. Main St. in downtown Boerne, Texas and formerly operated as Thunderbolt Tacos. It's strategically located in a highly visible end-cap space in a small shopping center. The entire space is highly visible to traffic in both directions.
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The following demographic report provides valuable information and insights specific to 905 N. Main St. in downtown Boerne, Texas... 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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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 If you need immediate assistance, please feel free to call us directly. The Broker's contact information is as follows:
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.