Tulsa Metro
State: Oklahoma
Ad ID: KS3005-AC
Financials
Gross Revenue: $621,240
Cash Flow: $249,116
Asking Price: $499,000
   
FF&E: $90,000
Included: Yes
Inventory: $15,000
Included: Yes
Summary Description

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.

General Information
Year Established: 15+
Franchise: No
Home based: No
Relocatable: No
Facilities
Square footage: 2,100
Base Monthly Rent: 2,231
Employees
Full Time: 3
Part Time: 3
Reason for Selling
Retirement
Contact information
Andy Cavanaugh
913-433-2310
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