Trendy Restaurant In Popular Area - Price Reduced

Oklahoma City, OK (Oklahoma County)

Seller Financing Available
Trendy Restaurant In Popular Area - Price Reduced

Asking Price:$170,000

Cash Flow:$44,000

Gross Revenue:$550,000





Trendy Restaurant In Popular Area - Price Reduced

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Business Description

Open less than a year, this hot, new upscale restaurant in a very popular district is drawing rave reviews and quickly being recognized as a top dining experience. Known for authentic menu items using only the best ingredients and a wine list that perfectly matches the cuisine.

Interior is tastefully decorated in an understated elegance modeled to resemble the restaurants the owner visited in Italy. Over $80,000 was spent on the build-out.

The 1300 sf restaurant seats 58 inside and at the bar. There is an excellent opportunity to expand the capacity by adding seating for approximately 40 more on the sidewalk patio.

A complete range of kitchen equipment, restaurant furniture and small wares was purchase new last summer for the opening and is included in the asking price.

Currently only open for dinner, more growth opportunity exist by opening for lunch capitalizing on the strong demand in the area.

Detailed Information

Included in asking price
4 FT, 8 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Great location in a popular area. Beautiful build-out. All equipment is new when opened last year.
Growth & Expansion:
The restaurant is currently only open in the evenings. The new owner could open for lunch and take advantage of strong demand in the area.
Support & Training:
The owner will provide adequate training to insure a smooth transition.
Reason for Selling:
owner is relocating out of state

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Rick Parker

Business Listed By:
Rick Parker

Sunbelt Of Oklahoma City

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