TURN KEY QSR
SCHERTZ PLAZA | 1248 FM 78 | SCHERTZ, TEXAS 78154
Formerly Chilangus | 1,600 SF | Offered at $90,000
Restaurant Realty Group has been exclusively retained to offer for sale a fresh 1,600 SF restaurant located in the Schertz Plaza shopping center in Schertz, Texas (North San Antonio). This is a turnkey restaurant opportunity complete with all furniture, fixtures and equipment. The build out is fresh and the interior lends itself well to many different concept types.
Located in Schertz Plaza at the intersection of 3009 and HWY 78 in Schertz Texas. The space is inline and is 1600 square feet. The space has exceptional visibility, is airy and open, and prime for someone to take over with a new concept.. The space has two vent hoods, one on the front service line, and one in the back kitchen, as well as 3 compartment sink and a walk-in cooler.
1,600 SF SF Inline Space
FURNITURE, FIXTURES & EQUIPMENT
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 1500 SF shell, tenants in the San Antonio area typically pay anywhere from $200,000 to $400,000, 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 the furnishings, fixtures and equipment inside the space, including, but not limited to, all indoor and outdoor tables, chairs, booths, kitchen equipment, refrigeration, and many other valuable assets in the space (except the coke machine).
Triple Net Lease
The owner of the restaurant has entered into a long term, triple net lease with the landlord. The new buyer, upon the landlord’s approval, will be assigned the current lease.
Lease Commencement Date: December 16, 2014
Rent Commencement Date: Feb 29, 2020
Primary Term: 5 Years
Option Period 1: 5 Years
Square Footage: 1,600
Triple Net Rate
Lease Rates (Primary Term)
Years 1-4: $23.00/SF
Years 5: $24.00/SF (current)
Lease Rates (Option Period)
Year 6-8: $25.00/SF
Year 9-10: $26.00/SF
BROKER: JEREMY RUSHING | JEREMY@RESTAURANTREALTYTX.COM | 830-929-5224
NOTE: The information in this listing has been provided by the business seller or its representatives. Restaurant Realty Group has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. We strongly recommend that buyers use an accountant and an attorney when vetting any business they are considering for purchase.