Newk's Eatery Franchise-Freestanding-Can Convert

Columbia, SC
Richland County

Downtown Columbia


Asking Price: Annual Revenue:
$225,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Newk's Eatery Franchise-Freestanding-Can Convert Broker: Steve Josovitz
License #: 164878

Quick Facts

Asking Price: $225,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 18
BBN Listing #: 972529193
Broker Reference #: 2001

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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 Works

Newk’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:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

Relevant Links:

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