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K T's Smokehouse business with Property 8329 N Council Ave

4,960 SF 100% Leased Retail Building Blanchard, OK 73010 £1,833,560 (£370/SF) 14.78% Net Initial Yield

Executive Summary

Turn-Key restaurant opportunity that offers excellent exposure and a great location in a beautiful community. This well-established, full-service family restaurant consisting of 4,960 +/- SF, which serves lunch and dinner Five days a week, has enjoyed many years of success and has an established clientele.
The restaurant is fully equipped with a large kitchen. Seats 100+/-. All equipment is included in the purchase of this business and goodwill. Included with this sale are the tables and a fully equipped kitchen. Confidential listing; please call for details.
This is a hard-to-find opportunity for a restaurant, and it is the only available restaurant site of its kind in a high-income and densely populated market. Plenty of parking. A Money Maker. Sale includes Sellers recipes.
If interested, please get in touch with us for more financial details.

Attachments

BBQ Restaurant

Property Facts

Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,960 SF
Year Built
2015
Price
£1,833,560
Price Per SF
£370
Net Initial Yield
14.78%
NOI
£271,048
Percent Leased
100%
Number of Floors
1
Building FAR
0.02
Lot Size
5.86 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00003109N04W101500
Land Assessment
£5,690
Improvements Assessment
£34,146
Total Assessment
£39,836
  • Listing ID: 34275398

  • Date on Market: 23/12/2024

  • Last Updated:

  • Address: 8329 N Council Ave, Blanchard, OK 73010

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