0 Great Location For A Deli Bakery Of Pizza! Rent Only $1 300!! Olathe, KS 66062
This 1,400 square foot restaurant in Olathe, Kansas is available for purchase at $125,000. Built in 2021, the space boasts a recent, high-quality remodel costing $135,000, including a $35,000 hood system. The current monthly lease rate is $1,379, expiring July 31, 2024. The property is ideally suited for a variety of concepts, including delis, bakeries, pizzerias, ghost kitchens, catering businesses, sandwich cafes, or healthy grab-and-go options. The sale includes a comprehensive inventory of nearly new equipment, such as a Toast POS system, multiple reach-in coolers and freezers, fryers, a char broiler, flat top, steam tables, and an Alto-Shaam unit. The restaurant has six indoor seats and is located on a high-traffic street in a prime Olathe location with a loyal customer base within a five-mile radius. The seller is motivated and the business is currently operating with two employees. The current gross revenue is $100,000. This turnkey opportunity presents a significant advantage for entrepreneurs seeking a ready-to-operate restaurant with minimal start-up costs. The space's adaptability allows for easy customization to fit various culinary concepts. This is a rare opportunity to acquire a well-equipped, established restaurant in a desirable location at an attractive price point.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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