Family Restaurant in operation

Tulsa, OK (Tulsa County)

Family Restaurant in operation

Asking Price:$300,000

Cash Flow:N/A

Gross Revenue:$738,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:2016

Family Restaurant in operation

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Business Description

Operating Restaurant-Do not disturb employees! Excellent location visibility from intersection of 61st Street & Mingo close to Union middle & high school.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
3,800
Lease Expiration:
1/1/2020
Employees:
8
Facilities:
Turn-key a full service restaurant for sale. Complete remodel from floor to ceiling in 2015-2016 spending $375,000. FF&E and inventory included in price.
Competition:
Cross street from the Union Square Shopping Center. Closer to Union 6th-7th grade and high school near by. Other food establishments near by, however, this is the only family restaurant. Has good reviews. Nearby businesses: Taco Bell, Kupcakz Bakery, Quik Print, Outdoor Sports, Rocket Brothers coffee shop, Gnarley Dawg restaurant, Kang's Taekwon-Do.
Growth & Expansion:
Owner has several other restaurants. Started having health issues. Selling one other restaurant listing at other location as well. Needing a new energetic owner to operate its maximum potential. The restaurant has only been open since 2/1/2016. Gross income stated is a projected gross income based on sales from Feb. 2016 - June 2016.
Financing:
No
Support & Training:
Will train 2 weeks.
Reason for Selling:
Health

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Cathy Sung

Business Listed By:
Cathy Sung

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