Business For Sale

High-Volume Steakhouse

Not Disclosed, OK
Oklahoma County


Asking Price: Annual Revenue:
$1,300,000 $2,653,929

Food & Beverage: Restaurants, Fast Food, Deli


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RE: High-Volume Steakhouse Broker: Aaron Brownlee
Owner Financing is Available!

Quick Facts

Asking Price: $1,300,000
Annual Revenue: $2,653,929
Net Profit: Not Disclosed
Cash Flow: $324,081
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1981
Employees: Not Disclosed
BBN Listing #: 52852298
Broker Reference #: 06471-87884

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Business Overview:

This high-volume steakhouse was originally established in the early 1980s. It has a well-known history of providing excellent customer service and top quality food in an open and inviting environment.

Serving around a quarter of a million patrons the finest food each year, this restaurant has developed a tremendous customer and referral base.The menu sets this establishment apart, offering products that nearby restaurants do not serve, which makes it appealing to all walks of life. This family style steakhouse is an attractive destination for a wonderful meal, excellent customer service and a collection of entrees, all at a fair price.

With a full staff in place, including management, this business is well positioned for a smooth ownership transition.

The sales price INCLUDES real estate with ample parking, all furniture, fixtures and equipment necessary to carry on the successful operation. Professionally prepared financials have proven a history of consistent revenue and profitability. Net earnings sufficiently cover debt service for real estate and business assets, with considerable owner compensation remaining.

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Property Features and Assets:

This high-volume steakhouse was originally established in the early 1980s. It has a well-known history of providing excellent customer service and top quality food in an open and inviting environment.

Market Competition and Expansion:

Serving around a quarter of a million patrons the finest food each year, this restaurant has developed a tremendous customer and referral base.The menu sets this establishment apart, offering products that nearby restaurants do not serve, which makes it appealing to all walks of life. This family style steakhouse is an attractive destination for a wonderful meal, excellent customer service and a collection of entrees, all at a fair price. With a full staff in place, including management, this business is well positioned for a smooth ownership transition. The sales price INCLUDES real estate with ample parking, all furniture, fixtures and equipment necessary to carry on the successful operation. Professionally prepared financials have proven a history of consistent revenue and profitability. Net earnings sufficiently cover debt service for real estate and business assets, with considerable owner compensation remaining.

Reason for Selling:

Retirement.

Additional Details:

  • The property is owned.
  • The owner is not 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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