Well-Established Italian Restaurant & Real Estate Opportunity | Ardmor
Business Description
TURNKEY BUSINESS + REAL ESTATE OPPORTUNITY! Rare opportunity to acquire a well-established Italian restaurant together with the real estate at 4 S. Commerce St. in Ardmore, Oklahoma. Operating successfully for approximately 12 years, this restaurant has built a loyal customer base and a strong reputation for quality food and a welcoming atmosphere.
The 2,436 SF restaurant sits on approximately 0.28 acres and was originally built in 1972. The property offers a comfortable dining environment with seating for approximately 40–60 guests, along with a fully equipped commercial kitchen and the furnishings, fixtures, and equipment needed for a turnkey transition.
The business is currently supported by a 7-person staff, with the owner maintaining a semi-absentee role and primarily providing oversight rather than working in the day-to-day operation. The current owner is offering the property and business for sale due to retirement, creating an opportunity for a new owner to step into an established operation.
Based on seller-provided and annualized operating figures, the business generates approximately $458,000 in annual revenue, with preliminary operating income of approximately $225,000 before certain expenses that remain to be verified. This provides an attractive foundation for an owner-operator or investor looking for an established business with real estate included.
The $750,000 asking price includes both the operating business and the real estate, providing an opportunity to acquire an established restaurant and the underlying property in one transaction.
With its established operating history, loyal clientele, turnkey setup, existing staff, and potential opportunities for catering, delivery, private events, expanded hours, or other revenue streams, this offering provides both an established foundation and room for future growth.
The 2,436 SF restaurant sits on approximately 0.28 acres and was originally built in 1972. The property offers a comfortable dining environment with seating for approximately 40–60 guests, along with a fully equipped commercial kitchen and the furnishings, fixtures, and equipment needed for a turnkey transition.
The business is currently supported by a 7-person staff, with the owner maintaining a semi-absentee role and primarily providing oversight rather than working in the day-to-day operation. The current owner is offering the property and business for sale due to retirement, creating an opportunity for a new owner to step into an established operation.
Based on seller-provided and annualized operating figures, the business generates approximately $458,000 in annual revenue, with preliminary operating income of approximately $225,000 before certain expenses that remain to be verified. This provides an attractive foundation for an owner-operator or investor looking for an established business with real estate included.
The $750,000 asking price includes both the operating business and the real estate, providing an opportunity to acquire an established restaurant and the underlying property in one transaction.
With its established operating history, loyal clientele, turnkey setup, existing staff, and potential opportunities for catering, delivery, private events, expanded hours, or other revenue streams, this offering provides both an established foundation and room for future growth.
About the Business
- Years in Operation
- 54
- Employees
- 7 (4 Full-time, 3 Contractors)
Cook, Pizza and Dishwasher on weekly contract pay. Wait staff are on payroll. - Facilities & Assets
- This sale includes a fully equipped commercial kitchen and the furnishings, fixtures, and equipment needed for a turnkey transition.
- Market Outlook / Competition
- Ardmore, Oklahoma offers a stable regional market for an established restaurant, supported by its location on the I-35 corridor between Oklahoma City and Dallas-Fort Worth. With approximately 25,000 residents, a diversified employment base, significant regional traffic, and approximately $136 million in accommodation and food-service sales, Ardmore supports a well-established dining market.
The property is located in downtown Ardmore, an area benefiting from ongoing revitalization and private-investment initiatives. The restaurant also benefits from an established customer base, existing staff, restaurant infrastructure, and a semi-absentee operating model.
The offering combines an operating Italian restaurant with approximately $458,000 in annual revenue, approximately $225,000 in preliminary operating income, and 2,436 SF of real estate, equipment, and furnishings. At $750,000, the asking price represents approximately 1.64x revenue and 3.33x preliminary operating income. - Opportunities for Growth
- Growth can be pursued through expanded catering, delivery and takeout, targeted local marketing, special events, private parties, and increased utilization of existing dining capacity.
Its downtown location and position within the I-35 corridor provide opportunities to capture additional local, regional, business, and traveling customers. An owner-operator could also increase revenue through extended hours, menu development, enhanced online ordering, promotional programs, and stronger digital and social-media marketing.
The existing staff, equipment, customer base, and restaurant infrastructure provide a foundation for expansion without the cost and risk of starting a new concept. The real estate ownership also provides flexibility for future improvements or operational changes.
With approximately $458,000 in current annual revenue, the business presents an opportunity to grow an established operation rather than build a restaurant from the ground up.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 2,436
About the Sale
- Seller Motivation
- Owner is Retiring
Listing Info
- ID
- 2549920
- Listing Views
Business Location
Listing ID: 2549920 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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