Opportunity to acquire a well-established Mediterranean restaurant and food truck in the Tulsa area. Asking price: $499,000 (includes $15,000 in inventory and $90,000 in 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.
