Southlake Restaurant Conversion Opportunity - Asset Sale
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Financial Details
- Asking Price:
- $600,000
- Profit Metric:
- null
- Location:
- Southlake, TX, US
- Source:
- Date:
- September 16, 2025
Key Highlights
Fully furnished 2,700 sq ft restaurant building in Southlake, TX, ready for conversion.
Includes $879,667 in FF&E, signage, and leasehold improvements, plus drive-through and patio.
Asset sale opportunity with favorable lease terms and prime location.
Description
This listing presents a prime conversion opportunity in Southlake, Texas, featuring a fully furnished 2,700 sq ft freestanding restaurant building established in 2023. The space is ready for a new concept and includes a covered patio, drive-through, monument signage, and ample parking. Essential kitchen equipment like a Type II vent hood, walk-in cooler, and oven are present. The sale includes $879,667 worth of audio/visual, FF&E, signage, and leasehold improvements. The seller is requesting key money. Monthly rent is $17,656 ($13,986 base + $3,670 CAM), with a lease expiring November 30, 2032, and a 5-year option. This is an asset sale; the current business concept is not included.
Industry Information
- Industry Description:
- Restaurant Conversion Opportunity
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 2023
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $17,656 USD
- Lease Expiration:
- 2032
Assets & Inventory
- FF&E Value:
- $879,667 USD
- Includes FF&E:
- Yes
Broker Contact
- Name:
- Aaron Evans
- Company:
- Texas Restaurant Advisors
- Phone:
- 682-297-4379
Listing Details
- Listing ID:
- 437e0415-64b8-4f38-b5f3-0b87d00ccaf9
- Source Listing ID:
- 2405836
- Deal Status:
- For Sale
- Last Updated:
- September 16, 2025
- Currency:
- USD
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