DEAL STRUCTURE (No Real Estate Included)
What’s for sale: Business build-out + equipment assets only
Asset purchase price: $150,000
Building: NOT for sale (lease only)
LEASE ECONOMICS
Base Rent: $20 / SF (cheapest in the area)
NNN: $10 / SF (cheapest in the area)
Total Base Rent and NNN: $30 / SF
Monthly Rent (Base + NNN): $9,000
Upfront Costs After Asset Purchase
Paid at or before lease assignment/approval:
Item Amount
Security Deposit (1 month rent) $ 9,000
Application Fee (to Listing Agent) $ 150 per application (each tenant)
Admin Fee (Listing Agent) $ 1,000
Total Upfront Lease/Admin Costs $ 10,150
TOTAL CASH REQUIRED TO TAKE OVER THE RESTAURANT BUSINESS
Category Amount
Business Assets Purchase $ 150,000
Deposit + Fees $ 10,150
Total Initial Cash Outlay $ 160,150
Ongoing Monthly Obligation
Monthly Rent (Base + NNN): $9,000
Paid directly to the Landlord
SUMMARY SNAPSHOT
Buy-in: $ 150,000 assets only
All-in to close: $ 160, 150
Monthly base rent and NNN $ 9,000
No ownership of real estate
Rent term 5 years and 5 years optional
The tenant must have good credit scores, other income or asset, and experience.