Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Listed by:

Transworld Business Advisors Oklahoma City

Professionally Managed Ethnic Restaurant Near Military Base For Sale

Lawton, Oklahoma, US
Asking Price:
$750,000 (USD) Inventory / Stock included
Sales Revenue:
$2,359,468 (USD)
Cash Flow:
$241,659 (USD)

This restaurant opportunity is a longstanding community brand known for its quality dining experience. Under current ownership since 1992, many of its employees are long-tenured and loyal.

Financial reports show predictable stability year-on-year on key metrics such as revenues, COGS, gross margin, and expenses. Discretionary earnings have improved in 2019 as a result of fine-tuning expenses and sales, and 2021 is on track for the same results despite the impact of the pandemic shutdown and operating hours being about 15% less than 2019.

The management structure of the restaurant is robust, with built-in redundancies at the level of each operating section in order to ensure seamless continuity. This management structure allows the owners to take time off, travel and be assured of good leadership in their absence.

The restaurant moved to its current 8000 sqft location in 2015, having built a dedicated facility designed to optimize workflows and fulfill the owner’s vision of a modern and comfortable facility catering to a wide range of clients, from families with young children to secluded areas for events and corporate gatherings. At the time of the move, most of the kitchen equipment was upgraded or updated.

This sale is listed for a total of $2,610,000 and is comprised of
$750,000 for the business and $1,860,000 for the real estate. The sale of the real estate is optional, a buyer possibly choosing a lease option.

Property Information

Real Estate:

Real Property Included

Location:

Road with high traffic providing high visibility.

Premises Details:

Standalone building, built-to-suit needs of current operation.

Business Operation

Expansion Potential:

Restaurant model can be franchised.

Competition / Market:

Limited competition in the segment of quality, dine-in ethnic experience.

Reasons for selling:

Retirement.

Trading hours:

Tue-Sun, 11-10pm.

Employees:
45
Years established:
First established in 1952, under current ownership since 1992 and dedicated, brand new facility since 2015.

Other Information

Support & training:

Two weeks transition support, with longer support negotiable as needed.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller financing of 10% as match to SBA loan.

Furniture / Fixtures value:
$690,000 (USD)
Inventory / Stock value:
$26,000 (USD) - included in the asking price

Listed by

Transworld Business Advisors Oklahoma City

Contact Transworld Business Advisors Oklahoma City

  1. This email address is already registered. Log in to continue.
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to Transworld Business Advisors Oklahoma City. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here