For Sale
$1,000,000

701 50Th StLubbock, TX 79404

Established Restaurant - Turnkey Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional opportunity presents the chance to acquire George's Restaurant, a well-established Lubbock eatery with a rich history. Located at 701 E 50th St, Lubbock, TX 79404, this 6,384 square foot restaurant sits on a 1.319-acre lot. The property has undergone recent renovations, resulting in a turnkey operation ready for immediate use. The sale includes both the real estate and the established business, offering a seamless transition for the new owner. However, the seller is open to leasing the property to a qualified tenant. This prime location boasts high visibility and convenient access to major highways, ensuring a strong customer base. The asking price for the entire package is $1,000,000. Seller financing options are available, making this an attractive investment for those looking to enter the thriving Lubbock restaurant market. This iconic restaurant presents a unique opportunity to own a piece of Lubbock history and capitalize on a well-established, profitable business. The property's size and location make it an ideal investment for both operators and investors seeking a stable and successful venture. Don't miss this chance to own or lease a beloved Lubbock landmark.

Highlights

  • Iconic Lubbock restaurant, George's, established eatery with loyal customer base.
  • Newly renovated, turnkey restaurant with high visibility on E 50th St, offering easy highway access.
  • Sale includes real estate and business; lease-back option available.
  • Seller financing available.
  • Prime location ideal for operators and investors.

Property Details for 701 50Th St

Property type
Retail properties, Restaurants
Square Feet
6,384 SF
Lot Size (sq. ft)
57,456 SF

Location Insight

City
Lubbock
County
Lubbock
State
Texas
Latitude
33.549213
Longitude
-101.828635
701 50Th St, Lubbock, Texas

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701 50Th St
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