2970 Southlake BlvdSouthlake, TX 76092

Property Details for 2970 Southlake Blvd

Property size (Sq ft)

4,253 SF

Property type

Commercial real estate

Description

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.

Location Insight

City

Southlake

County

Tarrant

State

Texas

Latitude

32.9385

Longitude

-97.1058

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