Busy Corner, High Net, Popular Edmond Restaurant
www.GlobalBX.com
Listing ID:
700397948
Listing Title:
Busy Corner, High Net, Popular Edmond Restaurant
Quick Link:
http://www.globalbx.com/listing.asp?bId=397948
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
United States
State / Province:
Oklahoma
Area
City:
Oklahoma County
Asking Price Range:
$500K - $1.0M
Gross Revenues:
$1,182,077
Cash Flow:
$327,479
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2020
Number of Employees:
6 - 9
Business Description:
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.
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