Property summary
This established Japanese steakhouse in Amarillo, Texas, presents a lucrative investment opportunity. Boasting 3,500 square feet and seating for 80 guests, this 2020-built restaurant enjoys a prime location with easy I-40 access, minimizing competition. The asking price is $115,000 for this asset sale, which includes all equipment and furnishings. The fully equipped kitchen features state-of-the-art appliances, including multiple stovetops, fryers, a flat-top grill, ample prep space, and extensive refrigeration. Front-of-house assets include a sushi bar, multiple freezers, TVs, and a complete dining setup. The lease, currently at $5,200 per month (including CAMS, taxes, and insurance), expires October 31, 2025, with negotiation potential for a 5-year extension. The restaurant has generated $720,000 in gross revenue and benefits from a 4-star Google rating with over 300 reviews. Four weeks of owner training are included, and the current front-of-house and back-of-house managers are available to stay on. This is a rare chance to acquire a profitable, well-regarded restaurant with significant growth potential. All cooking equipment, smallwares, dishes, silverware, and furniture are included in the sale. The business is not a franchise.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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