2970 Southlake Blvd Southlake, TX 76092
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 2970 Southlake Blvd
- Property size
- 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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Southlake
- County
- Tarrant
- State
- Texas
- Longitude
- -97.1058
- Latitude
- 32.9385
