7224 Glenview Drive
Fully operational, turnkey restaurant/bar and real estate in the heart of Richland Hills!
Marketing description
Exceptional opportunity to acquire a fully operational, turnkey restaurant and bar in the heart of Richland Hills. Located on highly traveled Glenview Drive near the intersection of TX-26 Grapevine Highway, this freestanding commercial property offers outstanding visibility, easy access, and ample on-site parking. Originally a residential property, the site has been successfully rezoned for commercial use and is currently operating as a popular African-Caribbean restaurant and bar. The sale includes the real estate, building, business, furniture, fixtures, equipment (FF&E), inventory, and improvements, providing a rare opportunity for an owner-operator or investor to step into an established operation from day one. Situated on approximately 0.39 acres, the property features indoor dining, bar area, outdoor seating, a family-friendly outdoor gathering space, storage areas, and additional rear parking. Strong value-add opportunity: continue the existing successful concept, reposition to a higher-performing franchise or regional brand, or convert to a sports bar, fast-casual concept, brewpub, or mixed-use food and beverage destination. The property’s zoning, location, and improvements significantly reduce time-to-market for new operators. Ample on-site parking supports high-volume service, private events, and peak-hour demand. Infrastructure is already in place for food service operations, minimizing startup costs and operational delays for new ownership. Opportunities of this caliber combining real estate ownership, established restaurant infrastructure, and a turnkey operating business on a high-visibility commercial corridor are rare in the Richland Hills market.
Investment highlights
7224 Glenview Dr presents investors with the opportunity to acquire a fully operational, income-producing restaurant asset generating approximately $177,418 in annual gross revenue and $52,000 in net operating income. The sale includes the real estate, established business operations, and all furniture, fixtures, and equipment (FF&E), creating a true turnkey investment with immediate cash flow potential. With annual operating expenses of approximately $67,000, strong visibility along a high-traffic corridor, ample on-site parking, and a strategic location surrounded by dense residential neighborhoods, the property offers both stable income and future upside through operational growth, expanded hours, catering, delivery services, or concept repositioning.
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