Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$430,000	Inventory
Gross Income	$580,000	Real Estate	Included in Price*
Cash Flow	$222,276	Year Established	2006
FF&E	Property All included*	Employees	6 to 7

* included in the asking price

** not included in the asking price

A high profit restaurant in an 10,000 population town on interstate highway 40 in Oklahoma is looking for a new owner. The restaurant was taken over by the owner two years ago. Owner had spent 300K to renovate it to an upscale restaurant to match the state musem. In return the 300 visitors per week musem generates a significant amount of customers. Plus the a hotel next to the restaurant makes large orders. Being the only Italian restaurant in town and in 100 miles, it attracts both repeating customers from in town and new visitors. Not mention the restaurant was ranked as the best restaurant in the south west part of Oklahoma. After about two years, owner is ready to retire. Owner welcome any qulified buyers to verify the income thru monitoring the business. The 430K price include both business and property. If you are interested in only the business, owner is asking 180K and a 3500/month rent. ******No owner finance.********* Pleae call Vivian Li at 972-522-9018 for more information. Email: vivian2008business@yahoo.com. (A Non-disclosure Agreement needs to be signed.)

Facilities: Owner spend more than 300,000 to renovate the restaurant. The 430K price include both the business, property, facility, equipment, parking and land.

Competition: The only Italian restaurant in an 100 miles. Right next to a stata musem and a hotel. The state musem brings about 50 customers per day. The only italian restaurant in a 10K population town on High ways 40. Good Reputation in Oklahoma and ranked the No 1 restaurant in the Southwest area of the state.

Growth/Expansion: Owner suggested to add up some parking for more peak time customers. Adding up delivery service will bring up 15% to 20 % of the sale.

Financing: No Owner Finance

Support/Training: Owner will honestly train the buyer.

Reason Selling: Good buisness, owner ready to retire