FIRESALE! $299,999 Turn-Key Restaurant on Higuera St. BubbleGum Alley!
Share on Facebook 
Post to X 
Share on LinkedIn 
Share on Reddit Business Description
Fast Casual Franchise in the World Famous Bubble Gum Alley! PRICE CUT!
NOW REDUCED TO $299,999 FIRM!!!
Originally Listed for $650,000, Spent Over $650,000 to Build.
A rare opportunity to own a restaurant in the world famous Bubble Gum Alley in San Luis Obispo. Currently operating as a Absentee Owner Franchise Fast Casual Greek Street-food restaurant.
With 90+ Locations in operation. Founded 2014, Nick the Greek is a quick service, family-friendly restaurant that offers authentic Greek food suitable for everyone.
The menu features flavorful rotisserie meats, gyros, charbroiled skewers, zesty sauces, and the freshest of vegetables.
All New Construction, Paid +$655,000 for Nick The Greek
A 3rd (after hours) shift is popular with customers as we are one of few food options open late, in the heart of the SLO Bar Seen.
Fully staffed and locally managed all happy and willing to stay on.
Approved Parklet Permit and Plans Available.
All Escrow and Transfer Fees paid by Buyer.
Rent recently reduced to $9,612.00
Beer & Wine License Transferable
Originally Listed for $650,000, Spent Over $650,000 to Build.
A rare opportunity to own a restaurant in the world famous Bubble Gum Alley in San Luis Obispo. Currently operating as a Absentee Owner Franchise Fast Casual Greek Street-food restaurant.
With 90+ Locations in operation. Founded 2014, Nick the Greek is a quick service, family-friendly restaurant that offers authentic Greek food suitable for everyone.
The menu features flavorful rotisserie meats, gyros, charbroiled skewers, zesty sauces, and the freshest of vegetables.
All New Construction, Paid +$655,000 for Nick The Greek
A 3rd (after hours) shift is popular with customers as we are one of few food options open late, in the heart of the SLO Bar Seen.
Fully staffed and locally managed all happy and willing to stay on.
Approved Parklet Permit and Plans Available.
All Escrow and Transfer Fees paid by Buyer.
Rent recently reduced to $9,612.00
Beer & Wine License Transferable
About the Business
- Years in Operation
- 2
- Franchise
- This business is an established NICK THE GREEK franchise
- Facilities & Assets
- All signs, fixtures, and equipment included except noted leases.
All in good working condition at time of changeover
POS Brand and Version: Square
Remodel Requirements: None
Building Type: Historical / end cap
Max Capacity: 78 - Website
- https://www.nickthegreek.com/
- Market Outlook / Competition
- This is the only Greek restaurant in San Luis Obispo.
The brand has 90+ outlets and growing, so name recognition is a big factor. - Opportunities for Growth
- Potential to own more Nick The Greek locations with corporate approval.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,700
- Rent
- $9,612.00 per month
- Lease Expiration
- 7/22/2032
About the Sale
- Seller Motivation
- Sale would allow owner to be closer to his other Norcal Nick The Greek locations
- Transition Support
- 2 Week Training in San Jose, CA Nick The Greek Corporate HQ
Listing Info
- ID
- 2221045
- Listing Views
- 14930
Listing ID: 2221045 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleCalifornia Businesses for SaleCalifornia Food & Beverage Businesses for SaleCalifornia Restaurants Businesses for Sale
Similar Listings
$249,500Established Deli serving Breakfast & Lunch -Located in College TownSan Luis Obispo County, CA
