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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.