Busy Corner, High Net, Popular Edmond Restaurant

Listing Number: 6953-999296

Description

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.

Listing Details

• Price: $559,000
• Down Payment: $275,000
• Sellers Discretionary Earnings: $327,479
• Total Sales: $1,182,077
• Location: Oklahoma County, Oklahoma


• Inventory: $0
• FF&E: $0
• Employees: 9
• Year Established: 2021
• Reason for Selling: Other Ventures
• Category: Restaurants