Full-Service Steakhouse
Oklahoma
| Gross Revenue: | $1,700,000 |
| Established Year: | 2001 |
| EBITDA: | $218,000 |
Listing ID: 2185698Listing provided by BizBuySell
BUSINESS DESCRIPTION
Founded in 2001, the Company is a full service restaurant located in Oklahoma. They are a family friendly steakhouse, that are known for their hors d’oeuvres, family history, best in class menu, and excellent customer service. Over the Company’s more than 20 year history, the Company has developed a strong brand in the local community through active involvement in community events and developing relationships with sports and education departments. In addition to the Company’s dine in experience, they offer catering options for group events. Owner/Operator 2024 estimated discretionary earnings total $293,000.
DETAILED INFORMATION
Location
Oklahoma
Inventory
Not Included in asking price
Employees
42
Competition
Superior Name and Reputation: The Company enjoys a long-standing reputation for the quality of its products and services, expertise, dependability, and superior customer support. The Company’s reputation in the industry is the result of conducting business with a philosophy that is supported by professionals, principals, values, and ethics. As a result, the majority of their business is from repeat business and referrals.
Growth & Expansion
Growth Opportunities: Opportunities exist for the Company to increase revenue and profit, including leveraging the Company’s proven reputation to pursue and penetrate new and existing markets. These opportunities are easily attainable given the appropriate investments in capital and human resources.
Support & Training
Management Will Remain through Transition: The officer is willing to remain through the transition period, and would entertain remaining with new management for a longer period of time on a consultancy basis, potentially as a minority shareholder. Additionally, all key employees will be available to remain with new ownership beyond the sale of the Company.
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