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2150 N State St 3,150 SF of Retail Space Available in Iola, KS 66749
Highlights
- Turnkey operation in a great location.
- Well-established business with strong sales.
- Known for authentic pasta and calzones.
- Fully equipped and ready for new ownership.
- Features award-winning New York style pizza.
- A beloved local Italian restaurant.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 3,150 SF | 12’ | 1 Year | $7.62 /SF/YR $0.64 /SF/MO $24,003 /YR $2,000 /MO | Modified Gross |
1st Floor
Business Description Sam & Louie’s: New York Pizza & Italian Restaurant – Iola, KS High-Margin, Turnkey Sam & Louie's Italian Restaurant & Pizzeria for Sale Executive Summary Seize a rare opportunity to own a thriving, community-favorite Sam & Louie's Italian Restaurant & New York Pizzeria in Iola. Skip the high setup costs, lengthy delays, and construction stress of a startup—this location is 100% operational, fully staffed, and cash-flowing from day one. Known for its family-friendly atmosphere and diverse menu (hand-tossed pizza, strombolis, pastas, and award-winning wings), this is an ideal venture for an ambitious owner-operator or investor seeking a turn-key business with a proven playbook. The Franchise Advantage: Why Sam & Louie's? Purchasing an established location within the Sam & Louie's network gives you an immediate edge over independent restaurants: * Chain Buying Power & Immediate Savings * Lower Food & Supply Costs: Volume-based pricing on premium proprietary ingredients, packaging, and kitchen supplies. * Discounted Tech: Corporate-negotiated pricing on POS software and heavily reduced credit card processing rates. * Decades of Brand Equity * Proven Since 1994: A concept refined over 30 years, built to thrive in regional markets. * Menu Diversity: Expansive offerings drive high average ticket sizes, including gluten-free options, craft beers, and full Italian dinners. * Comprehensive Training & Systems * Immersive Protocol: Classroom and hands-on kitchen training covering prep, portion control, and management. * Turnkey Tech: Immediate access to an optimized POS network and operational systems. * Continuous Corporate Backing * Dedicated Field Support: Ongoing guidance from corporate directors on menu updates, vendor negotiation, and efficiency. * Proprietary Recipes: Access to locked-down, crowd-pleasing recipes and high-quality supply chains. * Advanced Digital Infrastructure * Online Ordering & Loyalty: Built-in web/mobile ordering and an active Toast Loyalty program to drive repeat business. * Done-For-You Marketing & Graphic Design * Fully Managed Website: Highly visible web presence optimized for local SEO so customers easily order online. * Marketing Assets: Corporate-provided graphics for print, digital menus, banners, and social media content (photography and video reels), eliminating freelance design costs. * Fully Integrated Toast Payroll System * Simplified Admin: POS clock-ins sync directly to payroll. * Automated Taxes & Onboarding: Toast automatically handles payroll tax filing, while new hires complete digital onboarding right from their smartphones. Market Growth & Local Tourism Beyond an established local customer base, Iola is experiencing exciting economic momentum with the recent opening of Lehigh Portland State Park. The new state park brings a steady, growing influx of tourists, campers, and outdoor enthusiasts directly into the area. Ideally situated along a primary commercial corridor, Sam & Louie's is perfectly positioned to capture this expanding foot traffic and leverage local tourism for continued revenue growth.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Freezer Space
- Wi-Fi Connectivity
- High Ceilings
- Finished Ceilings: 12’
- Display Window
- Turnkey operation in a great location.
- A beloved local Italian restaurant.
- Features award-winning New York style pizza.
- Fully equipped and ready for new ownership.
- Known for authentic pasta and calzones.
- Well-established business with strong sales.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 2150 N State St, Iola, KS 66749
- Tenant
- Description
- US Locations
- Reach
- Sam & Louie's Italian Restaurant NY Pizza
- Restaurant
- 6
- Regional
| Tenant | Description | US Locations | Reach |
| Sam & Louie's Italian Restaurant NY Pizza | Restaurant | 6 | Regional |
Property Facts
| Total Space Available | 3,150 SF | Gross Leasable Area | 3,250 SF |
| Property Type | Retail | Year Built | 2013 |
| Property Subtype | Restaurant | Parking Ratio | 15.38/1,000 SF |
| Total Space Available | 3,150 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 3,250 SF |
| Year Built | 2013 |
| Parking Ratio | 15.38/1,000 SF |
About the Property
Business Description Sam & Louie’s: New York Pizza & Italian Restaurant – Iola, KS High-Margin, Turnkey Sam & Louie's Italian Restaurant & Pizzeria for Sale Executive Summary Seize a rare opportunity to own a thriving, community-favorite Sam & Louie's Italian Restaurant & New York Pizzeria in Iola. Skip the high setup costs, lengthy delays, and construction stress of a startup—this location is 100% operational, fully staffed, and cash-flowing from day one. Known for its family-friendly atmosphere and diverse menu (hand-tossed pizza, strombolis, pastas, and award-winning wings), this is an ideal venture for an ambitious owner-operator or investor seeking a turn-key business with a proven playbook. The Franchise Advantage: Why Sam & Louie's? Purchasing an established location within the Sam & Louie's network gives you an immediate edge over independent restaurants: * Chain Buying Power & Immediate Savings * Lower Food & Supply Costs: Volume-based pricing on premium proprietary ingredients, packaging, and kitchen supplies. * Discounted Tech: Corporate-negotiated pricing on POS software and heavily reduced credit card processing rates. * Decades of Brand Equity * Proven Since 1994: A concept refined over 30 years, built to thrive in regional markets. * Menu Diversity: Expansive offerings drive high average ticket sizes, including gluten-free options, craft beers, and full Italian dinners. * Comprehensive Training & Systems * Immersive Protocol: Classroom and hands-on kitchen training covering prep, portion control, and management. * Turnkey Tech: Immediate access to an optimized POS network and operational systems. * Continuous Corporate Backing * Dedicated Field Support: Ongoing guidance from corporate directors on menu updates, vendor negotiation, and efficiency. * Proprietary Recipes: Access to locked-down, crowd-pleasing recipes and high-quality supply chains. * Advanced Digital Infrastructure * Online Ordering & Loyalty: Built-in web/mobile ordering and an active Toast Loyalty program to drive repeat business. * Done-For-You Marketing & Graphic Design * Fully Managed Website: Highly visible web presence optimized for local SEO so customers easily order online. * Marketing Assets: Corporate-provided graphics for print, digital menus, banners, and social media content (photography and video reels), eliminating freelance design costs. * Fully Integrated Toast Payroll System * Simplified Admin: POS clock-ins sync directly to payroll. * Automated Taxes & Onboarding: Toast automatically handles payroll tax filing, while new hires complete digital onboarding right from their smartphones. Market Growth & Local Tourism Beyond an established local customer base, Iola is experiencing exciting economic momentum with the recent opening of Lehigh Portland State Park. The new state park brings a steady, growing influx of tourists, campers, and outdoor enthusiasts directly into the area. Ideally situated along a primary commercial corridor, Sam & Louie's is perfectly positioned to capture this expanding foot traffic and leverage local tourism for continued revenue growth.
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2150 N State St
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