Turn-key Mediterranean Bistro! Lots of Upside!

Oklahoma City, OK (Oklahoma County)

Turn-key Mediterranean Bistro!  Lots of Upside!
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Asking Price: Get Financing: $55,000

Cash Flow: $54,800

Gross Revenue: $227,000


FF&E: $40,000

Inventory: N/A

Lease Rate: N/A /SF

Established: 2008

Turn-key Mediterranean Bistro! Lots of Upside!

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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:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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.
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.
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Fred Phillips

Business Listed By:
Fred Phillips

Business Exchange Specialists, L.L.C.

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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.

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