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PROFITABLE, FULLY STAFFED, AWARD-WINNING RESTAURANT
You don’t want to miss out on this one! A consistently profitable leader in the home-cooking segment, this Oklahoma restaurant is renowned for its delicious made-from-scratch menu, its clean, pleasant atmosphere, and experienced, knowledgeable staff. Current owner has been in the hospitality industry for over 40 years and is retiring from the restaurant business.
Highlights
Consistently strong revenue.
Well-established customer base.
Entire menu is made from scratch (allowing for greater margins).
Experienced and friendly staff.
Clean, pleasant atmosphere.
Listed By: John Sherrill (CBI)
Background information
Reference:
N156-JS
Reason selling:
Owner has other (non-restaurant) business interests that are demanding more of his time.
Finance
Sales:
$803,425
Profits:
$138,822
Profit type:
Discretionary Earnings
Operations
Employees:
Gm 4 years fulltime Kitchen manager 4 years fulltime Supervisor/server 4 years fulltime Kitchen supervisor/cook 4 years full time 2 cooks 4 years full time 3 dish person 1 year part-time 1 cook 4 years part-time 4 servers 4 years full time 4 servers 2 years part-time All employees would be likely to stay.
Equipment:
FFE: $38,170
Premises
Square footage:
6000
Rent and lease terms:
Leased, Real Estate not Included
Location:
Long established, high traffic 6,000 SF location fronting major East-West 4-lane in city center. Great visibility and signage, easy access, and ample parking.
Opportunities
Market:
A leader in the Country-style home cooking arena with few competitors in this market segment.
Price and terms
Price:
$265,000
Financing:
Not Available
Training:
Yes, training is available for a reasonable, negotiable period.