Busy Corner, High Net, Popular Edmond Restaurant

Oklahoma County, OK

Seller Financing Available

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Asking Price:$549,900
Gross Revenue:$1,300,000
Established Year:2021
Cash Flow:$220,000
Rent:$5,040/Month
BUSINESS DESCRIPTION

Trendy restaurant in great location!

Family owned restaurant located in well positioned strip center with great visibility and ample free parking. Strong demographics. Total population within 10 miles is 268,000 with median age of 36. Average HH income within 10 miles is $90,000. The space lease rate is $18 SF/yr. (NNN) and was built in 2017. Market is N. Edmond area and submarket OKC. This pizzeria ristorante is located in a vibrant growth area in Oklahoma County. It is the first time on the market. The sellers are motivated and looking for an operator to take their family business to next level. Approximately 2,847 SF. A full-service restaurant and pizzeria, they offer everything from pizzas, appetizers, salads, pasta, seafood, baked pasta dishes, chicken & veal entrees, desserts, soft drinks, wine/beer, and much more. High volume of both dine-in and carry-out. Reason For Sale? Out of state ventures.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,847
Employees
9
Facilities
Facilities: Well positioned strip center in Edmond, Great street visibility.
Support & Training
Number of Weeks Seller Will Offer Training: 3
Reason for Selling
Other Ventures
Home-Based
This business is Home-Based
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Jack
Rawdon
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Jack Rawdon