Map
Listed price in listed location currency (USD).
$750,000

000

MLS® 2632647

Overview

Key Facts

Type Business
Levels Commercial Sale
Size 2436 sqft
Garage 
Taxes $2,308
Days Active 6
Lot Size 0.28 Acres
Approx. Age 1972
Avg. Price Per Sqft $307
MLS® Number 2632647

Property Address: 4 S Commerce St, Ardmore, OK, 73401-3925

Average square foot calculated using Size range provided by listing agent.

Description

TURNKEY BUSINESS + REAL ESTATE OPPORTUNITY! Rare opportunity to acquire a well-established Italian restaurant together with the real estate at 4 S. Commerce St. in Ardmore, Oklahoma. Operating successfully for approximately 12 years, this restaurant has built a loyal customer base and a strong reputation for quality food and a welcoming atmosphere. The 2, 436 SF restaurant sits on approximately 0.28 acres and was originally built in 1972. The property offers a comfortable dining environment with seating for approximately 40–60 guests, along with a fully equipped commercial kitchen and the furnishings, fixtures, and equipment needed for a turnkey transition. The business is currently supported by a 7-person staff, with the owner maintaining a semi-absentee role and primarily providing oversight rather than working in the day-to-day operation. The current owner is offering the property and business for sale due to retirement, creating an opportunity for a new owner to step into an established operation. Based on seller-provided and annualized operating figures, the business generates approximately $458, 000 in annual revenue, with preliminary operating income of approximately $225, 000 before certain expenses that remain to be verified. This provides an attractive foundation for an owner-operator or investor looking for an established business with real estate included. The $750, 000 asking price includes both the operating business and the real estate, providing an opportunity to acquire an established restaurant and the underlying property in one transaction. With its established operating history, loyal clientele, turnkey setup, existing staff, and potential opportunities for catering, delivery, private events, expanded hours, or other revenue streams, this offering provides both an established foundation and room for future growth.
MLS® Number2632647
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1972
Basement
Driveway
Garage Spaces
HeatCentral, Gas
A/CCentral Air

Extras

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