2970 Southlake BlvdSouthlake, TX 76092

For Sale
$1,000,000
Established Hibachi & Sushi Restaurant; High Growth Potential

Overview

Added:
Dec 11, 2024
Days on market:
125
This thriving hibachi and sushi restaurant, located at 2970 E Southlake Blvd in Southlake, Texas (zip code 76092), presents a unique investment opportunity. Priced at $1,000,000, this turnkey business boasts 4,253 square feet in a single-story building within a retail center enjoying a 94% occupancy rate. The restaurant is known for its exceptional quality, interactive dining experience, and loyal customer base, offering a diverse menu of hibachi, sushi, and fresh seafood. The current lease has 4.5 years remaining, expiring May 31, 2029. All fixtures, furniture, and equipment (FF&E) are included in the sale. The current owner is retiring, providing a chance to acquire a well-established business with significant upside potential. The current owner pays an employee $120,000 annually, but a new owner could reduce labor costs significantly or manage the business independently for increased profitability. Two weeks of training will be provided to ensure a smooth transition. The experienced and dedicated staff, many of whom are long-term employees, are capable of operating independently, maintaining seamless business operations. This is an owner/user investment opportunity in a multi-tenancy building within a high-demand area of the Dallas-Fort Worth metroplex.

Highlights

  • $1,000,000 asking price for a well-established Hibachi and Sushi restaurant in Southlake, TX.
  • 4,253 square foot, single-story restaurant with a loyal customer base.
  • Turnkey operation with FF&E included, offering significant growth potential in a desirable DFW location.
  • 4.5 years remaining on the lease (expires May 31, 2029).
  • Owner/user investment opportunity with multi-tenant occupancy in a 94% occupied retail center.

Property Details for 2970 Southlake Blvd

Property type
Commercial real estate
Square Feet
4,253 SF
Stories
1

Location Insight

City
Southlake
County
Tarrant
State
Texas
Latitude
32.9385339
Longitude
-97.1057671
2970 Southlake Blvd, Southlake, Texas

FAQs

What type of property is this?
Commercial real estate - Established Hibachi & Sushi Restaurant; High Growth Potential
Where is the commercial real estate located?
The property is located at 2970 Southlake Blvd Southlake, TX.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: $1,000,000 asking price for a well-established Hibachi and Sushi restaurant in Southlake, TX.; 4,253 square foot, single-story restaurant with a loyal customer base.; Turnkey operation with FF&E included, offering significant growth potential in a desirable DFW location.
How can I contact the broker?
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2970 Southlake Blvd
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