Prime location restaurant - Turnkey & Ready for new owner

Tulsa, OK (Tulsa County) (Relocatable)

Prime location restaurant - Turnkey & Ready for new owner
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Asking Price: $270,000

Cash Flow: $122,364

Gross Revenue: $910,440

EBITDA: N/A

FF&E: $138,500

Inventory: $20,000*

Rent: $7,655 /Month

Established: 2005

*not included in asking price.

Prime location restaurant - Turnkey & Ready for new owner

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Business Description

Full-service restaurant that was built from the ground up in 2005. All equipment and the facility has state-of-the-art and top-of-the-line products with one of the BEST kitchens you will find! This well-known restaurant is in an exceptional location that is anchored by many major brands and also surrounded by densely populated residential areas. They have been accumulating a loyal customer base since day one and with their food quality and presentation along with a unique, strong menu and competitive price point, this has proven successful!

All customers whether new or regular form a well-mix of all generations of individuals and families from the nearby neighborhoods and afar.

Detailed Information

Location:
Tulsa, OK
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
6,200
Lease Expiration:
11/1/2020
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Several competitors are within the immediate market area which is unavoidable for this particular industry, but the strong products of this restaurant along with their strong relation with the community are a huge competitive advantage.
Growth & Expansion:
Proactive marketing is crucial to the further growth of this business as there are many untapped areas that has yet to be fully utilized to generate more cash flow and customer acquisition.
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P Michael Veltri

Business Listed By:
P Michael Veltri

Transworld Business Advisors of Tulsa

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