Mediterranean Restaurant and Food Truck
| Asking Price: | $499,000 |
| Gross Revenue: | $621,240 |
| Rent: | $2,231/Month |
| Cash Flow: | $249,116 |
| Inventory: | $15,000 |
| FF&E: | $90,000 |
Opportunity to acquire a well-established Mediterranean restaurant and food truck in the Tulsa area. Asking price: $499,000 (includes $15,000 inventory and $90,000 fixtures, furniture, and equipment). Established for over 15 years, the owner is selling due to retirement.
Market Position and Competitive Advantage
•Population Growth: Located in a rapidly growing area with a demographic that favors healthy dining options.
•Economic Development: The local economy is diversifying with significant growth in retail, healthcare, and technology sectors.
•Demand for Healthy Eating: Mediterranean cuisine aligns with health-conscious eating trends, attracting a dedicated customer base.
•Niche Market: Limited competition in the local Mediterranean cuisine market provides a strong position to capture more market share.
•Community Engagement: Known for its family-friendly atmosphere, the restaurant serves as a popular gathering spot for social events and community activities.
Growth Opportunities
1. Expanded Hours: Opening on Sundays and extending weekday hours to match local dining habits.
2. Alcohol Sales: Introducing wine and beer to enhance the dining experience and increase profit margins.
3. Dedicated Catering Manager: Boost catering operations to capture the high-margin event catering market.
4. Geographic Expansion: Potential to open additional locations in Midtown and Downtown areas.
