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- RE: Mediterranean Restaurant And Food Truck
- Contact: Andy Cavanaugh
Quick Facts
Asking Price: | $499,000 | |
Annual Revenue: | $621,240 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $249,116 | |
Total Debt: | Not Disclosed | |
FF&E: | $90,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 15 | |
Employees: | 6 | |
BBN Listing #: | 948845 | |
Broker Reference #: | KS3005-AC |
Business Overview:
Opportunity to acquire a well-established Mediterranean restaurant and food truck in the Tulsa area. Asking price: $499,000 (includes $15,000 inventory and $90,000 fixtures, furniture, and equipment). Established for over 15 years, the owner is selling due to retirement.
Market Position and Competitive Advantage
•Population Growth: Located in a rapidly growing area with a demographic that favors healthy dining options.
•Economic Development: The local economy is diversifying with significant growth in retail, healthcare, and technology sectors.
•Demand for Healthy Eating: Mediterranean cuisine aligns with health-conscious eating trends, attracting a dedicated customer base.
•Niche Market: Limited competition in the local Mediterranean cuisine market provides a strong position to capture more market share.
•Community Engagement: Known for its family-friendly atmosphere, the restaurant serves as a popular gathering spot for social events and community activities.
Growth Opportunities
1. Expanded Hours: Opening on Sundays and extending weekday hours to match local dining habits.
2. Alcohol Sales: Introducing wine and beer to enhance the dining experience and increase profit margins.
3. Dedicated Catering Manager: Boost catering operations to capture the high-margin event catering market.
4. Geographic Expansion: Potential to open additional locations in Midtown and Downtown areas.
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Property Features and Assets:
2,100 square feet / $2,231 per month lease.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Oklahoma businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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