Established/Turnkey Restaurant Profitable - Oxford

Oxford, MS
Lafayette County

Asking Price: Annual Revenue:
$125,000 $700,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Established/Turnkey Restaurant Profitable - Oxford Broker: Joel Miller
Owner Financing is Available!

Quick Facts

Asking Price: $125,000
Annual Revenue: $700,000
Net Profit: $70,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2007
Employees: 15
BBN Listing #: 733755184
Broker Reference #: Not Disclosed

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Business Overview:

Turnkey, upscale, profitable restaurant in Oxford. Approx. 5,600 square feet, on almost 2 acres of land. Has on-site apartment that can be used as living space or overnight rentals/accommodations. Business has liquor license, resort status that remains with the property. Gross revenues of $700,000/yr. Seating capacity of 100, as well as a small bar, and outdoor seating for an additional 20 seats, overlooking wooded area. Parking on-site for 50 cars. Great space for events, multiple rehearsal dinners and receptions held here. Established clientele, close proximity to Ole Miss, regular tourist population. Building construction in 1999, business opened in 2007, all equipment has been maintained and is in excellent condition. Prefer 5 yr lease (with additional 5 yr option), will also consider sale. Possible financing option, owner will also assist with transition.

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Reason for Selling:

changing careers

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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