For Sale
$30,000

1700 Cottonwood CrkHighland Village, TX 75077

Profitable Restaurant, Turn-Key Operation

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional quick-service restaurant franchise opportunity is located in Highland Village, Texas, at 1700 Cottonwood Creek, zip code 75077. The 1,652 square foot space is available for sale at $30,000, representing a significant discount compared to typical build-out costs ($162,500-$337,400). The restaurant operates under a triple-net (NNN) lease with a remaining term of 8.2 years (commencing February 1, 2023, and expiring February 1, 2033), including rent bumps. Monthly rent is $6,200, inclusive of CAMs. The franchise, ranked #1 in its category by Entrepreneur Magazine in 2024, boasts a menu featuring fresh ingredients like fish, salmon, shrimp, tofu, fruits, and vegetables, along with boba teas. Sales exceeded $430,000 with a semi-absentee owner, presenting a strong potential for increased revenue. The location benefits from a high-income demographic, with average household incomes exceeding $200,000 within a 3-mile radius. The franchise offers two weeks of training and requires limited cooking or frying, making it a manageable operation. Royalty fees are 6% of total sales, with a 1% marketing fee. The restaurant is situated in a shopping center providing ample shopping, dining, and entertainment options in an attractive outdoor setting. This turnkey operation presents a rare opportunity to acquire a thriving business at a significantly reduced price.

Highlights

  • Exceptional quick-service restaurant franchise for sale in Highland Village, TX (75077).
  • 1,652 SF space available for $30,000, significantly below build-out costs.
  • NNN lease with 8.2 years remaining (Feb 1, 2023 - Feb 1, 2033), $6,200/month rent including CAMs.
  • Top-ranked franchise (Entrepreneur Magazine 2024) with strong sales ($430,000+) and high growth potential.
  • Located in a high-income area ($200,000+ avg. household income within 3 miles) in a vibrant shopping center.

Property Details for 1700 Cottonwood Crk

Property type
Retail properties, Restaurants
Square Feet
1,652 SF

Location Insight

City
Highland Village
County
Denton
State
Texas
Latitude
33.0745902
Longitude
-97.0848903
1700 Cottonwood Crk, Highland Village, Texas

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1700 Cottonwood Crk
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