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Busy Corner, High Net, Popular Edmond Restaurant
Location: United States -> Oklahoma -> Oklahoma County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Family owned restaurant located in well positioned strip center with great visibility and ample free parking. Strong demographics. Total population within 10 miles is 268,000 with median age of 36. Average HH income within 10 miles is $90,000. The space lease rate is $18 SF/yr. (NNN) and was built in 2017. Market is N. Edmond area and submarket OKC. This pizzeria ristorante is located in a vibrant growth area in Oklahoma County. It is the first time on the market. The sellers are motivated and looking for an operator to take their family business to next level. Approximately 2,847 SF. A full-service restaurant and pizzeria, they offer everything from pizzas, appetizers, salads, pasta, seafood, baked pasta dishes, chicken & veal entrees, desserts, soft drinks, wine/beer, and much more. High volume of both dine-in and carry-out. Reason For Sale? Out of state ventures.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,182,077
Cash Flow:   $327,479
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2020
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Number of Weeks Seller Will Offer Training: 3
Reason For Selling:  Other Ventures




Print Listing Id: 700397948


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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Oklahoma Businesses For Sale > Oklahoma Franchises For Sale > Oklahoma Business Brokers



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