University City - Fully equipped pizza shop for sublease - $3600
Sublease pizza shop within a shared retail unit in hot University City. On Market Street in Science Center area. Roughly 2,000 square foot space, constructed and opened in November 2016. Fully equipped kitchen is built as a mid-tier pizza shop serving pizza, cheesesteaks, wings, etc. Keep it as pizza or convert it to suit your concept.
There's also an upscale bagel/coffee concept sharing the same kitchen and seating area. Bagel shop will remain and share the kitchen. All you need to do are minor cosmetic changes to the register/front service counter and you're ready to go. If you're looking for a completed restaurant space in University City where availability is rare and expensive, this could be for you. Huge captiveaire system and Griddle, pizza oven, fryers, refrigeration, commercial dishwasher, cold tables, etc.
Very little up front cost to open. Asking $3,600 per month + share of CAM/utitilities/taxes/etc. Keep in mind, this includes your use of all the new equipment, seating, bathrooms, etc. You won't have to build out any of this. Space will NOT work for a sit down restaurant with table service. There is potential to add televisions/etc. Directly next to 17 acre plot that will be developed by Drexel over next 10 years as office/residential/mixed use. Another science center tower just built next door, and across the street from an active University of Pennsyvlania building with many offices and Penn student health. You will not be permitted to serve bagels/coffee or more than 10% of revenue from cold sandwiches.
You most likely need to see the space to understand how it will work, but it's a great opportunity for a current restaurant operator who can't afford the large upfront cost of a large buildout presently, but wants to be in University City.
Email me with questions or to see the space.
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