976 Coronado BlvdUniversal City, TX 78148

For Sale
$350,000

Established Thai restaurant, high cap rate, turnkey operation.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional opportunity presents the chance to acquire Noy's Bistro, a well-established Thai restaurant located at 976 Coronado Blvd, Universal City, TX 78148. Boasting a prime corner location in the Coronado Square shopping center, this 4,200 square foot restaurant has served the community since 2011, building a loyal clientele, including a significant base from nearby Randolph Air Force Base. The restaurant features seating for 100 guests and includes all furniture and equipment (excluding a leased dishwasher). A 2019 Ford F-150 truck with approximately 19,000 miles is also included in the sale. The business benefits from a strong online presence, reflected in its 4.6-star ratings across Yelp and Google. The current lease is a Triple Net (NNN) agreement with a 5-year term expiring September 30, 2026, and an option to renew. The sale includes a comprehensive security system, advanced POS software, and QuickBooks-managed payroll. The attractive asking price of $350,000 offers an impressive 18% capitalization rate. The current owners, a retired military veteran and his wife, are willing to provide training to ensure a smooth transition. The sale also includes authentic Thai artwork and décor, adding to the unique ambiance of this successful business. This is a turnkey operation ready for a new owner to step in and continue its legacy of success.

Highlights

  • Established Thai restaurant for sale in prime Universal City location.
  • 4,200 SF restaurant with seating for 100, including all furniture, equipment (excluding leased dishwasher), and a 2019 Ford F-150 truck (19,000 miles).
  • Strong online presence with 4.6-star Yelp and Google ratings.
  • Triple Net (NNN) lease with 5-year term expiring September 30, 2026, and renewal option.
  • Includes security system, POS software, QuickBooks payroll, and authentic Thai décor. Seller financing may be available.
  • Asking price: $350,000, offering an 18% capitalization rate. Seller offering training.

Property Details for 976 Coronado Blvd

Property type
Investment properties, Other commercial real estate
Square Feet
4,200 SF
Class
A

Location Insight

City
Universal City
County
Bexar
State
Texas
Latitude
29.557437326665
Longitude
-98.315005122358
976 Coronado Blvd, Universal City, Texas

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976 Coronado Blvd
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