Home Cooking American Restaurant-Ex-Urban OKC

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Asking Price:
$395,000

Gross Revenue:
$970,000
Cash Flow:
$175,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,000
included in asking price

FF&E:
$100,000
included in asking price

Real Estate:
$250,000
not included in asking price

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Business Description

A wonderful full-service restaurant opportunity! FOUR DAYS WEEKLY ONLY. LUNCH AND DINNER ONLY. Wednesday-through Saturday. Closed Sunday-through-Tuesday. Many church congregations located nearby. Tremendous top-line revenue and bottom line profits.

About the Business

Location:
Oklahoma City, Oklahoma
Year Established:
1979
Number of Employees:
8
Real Estate:
Owned
Building Sq. Ft.:
1,400
Facilities:
Free-standing building with ample parking. Seats 84. 10 AM to 9 PM. Four days only.
Market Outlook/
Competition:
One-of-a-kind family style restaurant located just outside Oklahoma City. Growing community. Historically popular with locals and travelers alike.
Growth & Expansion:
Currently no breakfast being served. Not open Monday and Tuesday.
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About the Sale

Reason For Selling:
Owner's poor health prompts sale.
Training/Support:
The owner will provide two (2) weeks training and orientation as part of the purchase price.
Seller Financing:
$125,000 down payment; owner finance 7 years on the business.

Listing Info

ID:
1572813
Ad Detail Views:
1

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Business Listed by

Ken and Toni Ragsdale

Ragsdale & Associates, Inc.

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