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Available For Sale - Retail

1,870 SF | Show Pricing $

AVAILABILITY DETAILS

Size
1,870 SF
Price/SF
Show Pricing $
Listing ID
SA378153
Notes
Successful Sushi Restaurant on UIC Campus For Sale. This popular restaurant with $400K in annual gross sales has been serving the University Village community for over 15 years. This is a new owner's opportunity to expand the concept and increase revenue. Property includes all equipment needed for a sushi restaurant AND includes a full-service kitchen with built in hood, fire suppression system, black iron and walk-in cooler. The existing lease provides for exclusivity on UIC campus as the only Sushi and/or Thai restaurant. Incredible opportunity to expand the menu offering to include Thai, Izakaya, Ramen or anything else that can be prepared in the fully built out kitchen. Sale includes all FF&E and will require assumption of existing lease. Current rent is $4,754 per month all-in with 3.5 years remaining (including options) with 2.5% annual escalations. Owner has spent over $500K on buildout on this 1,870 square foot restaurant. Please do not disturb existing business. Showings only Tuesday to Thursday between 3:00 and 4:30 PM. No real estate included with this sale.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Mikus Kins, Be Commercial
BRE# 475.161490