Turn-key Mediterranean Bistro! Lots of Upside!

Oklahoma City, OK (Oklahoma County)

Turn-key Mediterranean Bistro!  Lots of Upside!
Contact Seller

Asking Price: Get Financing: $55,000

Cash Flow: $54,800

Gross Revenue: $227,000

EBITDA: N/A

FF&E: $40,000

Inventory: N/A

Lease Rate: N/A /SF

Established: 2008

Turn-key Mediterranean Bistro! Lots of Upside!

Get Financing Save Print Share Valuation Report

Business Description

This is one of the cleanest and tidiest restaurants we have seen, and all it needs is a new owner to take over the fantastic reputation they have built. Considering the owner spent about $100,000 to build out the facility, and is also including equipment and furnishings valued at about $40,000, this is an incredible deal! And in addition to that, there are great opportunities for a new owner to build the business up! If you have been looking for a restaurant opportunity, you do not want to let this slip by.

Detailed Information

Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Beautiful facility with everything needed to succeed. Owner spent approximately $100,000 in build-out for restaurant and the place is very clean and tidy. Rent is only $2500 per month for approximately 2400 sq. ft. of space! Excellent high traffic area with great visibility.
Competition:
Limited competition
Growth & Expansion:
Several opportunities are available to increase revenues. Some include: Do modest advertising (owner does no advertising); Increase hours (owner reduced hours); Run specials; Add delivery (does not deliver or utilize 3rd party delivery options); Promote catering.
Support & Training:
Owner or manager/cook will discuss and implement training needs with buyer, if requested, to ensure a smooth transition!
Reason for Selling:
Absentee owner; Other personal interests.
Contact Seller

Contact the Seller

Contact Seller Loading

Fred Phillips

Business Listed By:
Fred Phillips

Business Exchange Specialists, L.L.C.

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.


Listing Statistics for Premium Members

Ad#:1449736 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


California Tortilla

Franchise Opportunity In OK
Capital Required: $378,400