MergerPlace

Iconic Restaurant Diner

Oklahoma


  • Asking Price: $225,000
  • Gross Income: $493,005
  • Cash Flow: $55,304
  • Real Estate: Not Disclosed
  • Inventory: $13,364
  • FF&E: $54,084
  • Listing ID: #221786
  • Established: 1939
  • Employees: 6 FT / 4 PT

Business Description

This is your opportunity to take over a popular and well-known historic Diner in Oklahoma with a successful 50 plus year history. The restaurant has a friendly atmosphere with a unique menu served for breakfast, lunch and dinner. This restaurant has won many awards over the years and has a loyal following that extends beyond Oklahoma both regionally and nationally. This turnkey diner opportunity enjoys a great location and is considered by many to be an Oklahoma landmark. This restaurant is a destination for many Oklahoman's who love the food and friendly staff. The tradition of quality food, welcoming atmosphere, and plentiful portions has been a staple for many successful years. The Diner has a well-trained team in place, a strong reputation, and great customer reviews. This is your chance to own this historical business. This historical Diner draws people travel from all over the country to enjoy this restaurant which is widely considered to be a true slice of Americana.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Oklahoma

Company Information

Year Established: 1939
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6 FT / 4 PT

Financial Information

Asking Price: $225,000
Gross Revenue: $493,005
Cash Flow: $55,304
FF&E: $54,084
Inventory: $13,364
Seller Financing Available: No

Property Information

Facilities:

The restaurant space is approximately 2000 square and a seating capacity of over 50 customers with plenty of room for expansion. This is a landmark stand alone building and is highly accessible from a major highway. This is a turnkey operation is ready for either an experience or budding restaurateur to assume the ownership and continue the rich history of the business into the future. The landlord is willing sell the Real Estate (offered separately from the listed price of the business) for $200,000.00 or, if the Buyer prefers, the Seller is willing to provide a the lease for a qualified buyer.

Growth & expansion opportunities:

There is ample room to expand the Diner and gift shop. The landlord is ready to sell the real estate or provide a lease. This location has been in business for 50 plus years and continues to grow.

Competition:

There is competition, of course, but it is very limited. There is no competition for this Diner that serves their customers with the same unique menu items as well as the same experience.

Reason for selling:

The owner has decided it is time to retire and turn the reins over to a new and energetic restaurateur.

Support & Training:

Will train for 2 weeks @ no cost A Oklahoma food license is required to own and operate this business.

Contact Business Seller

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Business Listed By:

Geary Welch

Murphy Business Brokers