Investment Highlights
Heavy day time and night traffic
Near Richardson city hall
Near Pappadeaux Seafood Kitchen
Prime Location
Near Alamo Drafthouse Cinema
North West corner of 635 George Bush freeway and 75 Central Expressway
Executive Summary
TAC Brokerage is proudly presenting this triple net lease single tenant free standing restaurant building for sale at $ 2,490,000. Cap rate is 6.5%. Asian Buffet formally known as Jumbo Supper Buffet has been the tenant since 2010. Nearly 10 years at the same location. This building was remodeled in 2018 with new roof, new HVAC, new flooring, new entrance and new plumbing. 3/1/2018 to 2/28/2024 @ $ 18 / sqft = $ 12,7503/1/2024 to 2/28/2028 @ $ 19 / sqft = $ 13,500$ 13,500 x 12 = $ 162,000 NOINestled in a prime location, 75 freeway and Spring Valley Rd crossing, this exceptional single-tenant restaurant presents a golden opportunity for seasoned restaurateurs or ambitious entrepreneurs to acquire a thriving culinary haven. Boasting a stylish and inviting ambiance, this establishment has successfully established itself as a culinary destination of choice.Key Features: Prime Location: 75 Central Express Freeway exit on Spring Valley Rd in Richardson, TX. Situated in a bustling area with high foot traffic, ensuring maximum visibility and accessibility for patrons. Turnkey Operation: The restaurant comes fully equipped and operational. Excellent businesses. From state-of-the-art kitchen facilities to meticulously designed dining areas, everything is in place for continued success. Unique Culinary Concept: Stand out from the crowd with a distinctive culinary approach that has earned a loyal customer base. Whether it's a signature dish, a themed atmosphere, or a specialized menu, this restaurant has a unique identity that sets it apart by providing international dishes from Asia. We have sushi, main hot dishes, fruit and salad, desert / ice cream. It is an All you can eat buffet concept. Stylish Interior: The interior design is both aesthetically pleasing and functional. Guests enjoy a comfortable and visually appealing space, creating an unforgettable dining experience. Proven Track Record: A history of consistent profitability and positive customer reviews attest to the restaurant's popularity and enduring success. Diverse Revenue Streams: Beyond regular dining services, explore additional revenue streams such as catering, private events, or partnerships to maximize income potential. Liquor License: The sale includes a valuable liquor license, allowing for an expanded beverage menu and enhancing the overall dining experience. Established Brand: Benefit from an already established brand presence in the local community, making marketing efforts more effective and reducing the time required to build brand recognition.Don't miss the chance to own this turnkey single-tenant restaurant. It's not just a business; it's a culinary experience waiting to be continued and elevated. Contact us to schedule a viewing and explore the endless possibilities that come with this remarkable opportunity.
