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Business Overview:
Closed Newk’s Eatery for Lease – Freestanding Downtown Columbia South Carolina Steps from River & University of SC- $1.2M Build-out – Buy for $225,000 – Any Concept WorksNewk’s Eatery National Franchise for sale.Located at 707A Gervais St, Columbia, SC 29201.“In your face” Downtown Columbia South Carolina Location.Steps from River & University of South Carolina.High Visibility.$1,200,000 state of the art build-out.Freestanding 3,200/sf.Seating for 120 guests.Outdoor covered patio seats 25.$8,500 monthly, all in, rent.A five-year lease with a five-year option to renew.Established in 2016.Keep or Convert to any Concept.General Manager, Kitchen Manager, Catering Manager, Shift Supervisor and Staff of 14 makes for a seamless transition.Due diligence is available.No Franchise transfer fees required.
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Property Features and Assets:
Steps from River & University of South Carolina. High Visibility. $1,200,000 state of the art build-out. Freestanding 3,200/sf. Seating for 120 guests. Outdoor covered patio seats 25. $8,500 monthly, all in, rent. A five-year lease with a five-year option to renew.
Market Competition and Expansion:
Keep or Convert to any Concept.
Reason for Selling:
Other interests.
Additional Details:
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