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Business For Sale with Sublease Restaurant

Listing was updated on: 10/16/2019
Business For Sale with Sublease Restaurant Business For Sale with Sublease Restaurant Business For Sale with Sublease Restaurant Business For Sale with Sublease Restaurant Business For Sale with Sublease Restaurant Business For Sale with Sublease Restaurant Business For Sale with Sublease Restaurant Business For Sale with Sublease Restaurant

Property Overview

Price/Rent PSF $ 199,900.00
Asset Type Retail
Trade Type Sale & Lease
SQ. FT. Available 1,400
Spaces Show
Date Available 10/16/2019
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Description

Location
Located in a densely populated area. Within one mile of Boulevard Mall and University at Buffalo Main Campus. Just off the Youngman's Expressway and the NYS I-290.

Sale
Currently operating as a national franchise concept (Papa John's). Franchised business, equipment, goodwill, and lease hold improvements, All new equipment in 2016. Reduced royalty rate incentive over the next three years from Papa Johns. Only Papa John's Franchisee in Buffalo and Papa Johns is looking to develop more territory in the area. The property lease is pre-negotiated for the next ten years. Currently owned and managed by an absentee owner with great potential to increase sales with local ownership.


Lease
Currently operating as a national franchise concept (Papa John's). Franchaised business equipment, franchaise, goodwill, and lease hold improvements, All new equipment in 2016.

Location

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