$1,700,000
( )
 $10,192 est/mo Sourced by Back At You

2204 S Park Highway , Broken Bow, OK 74728

Broken Bow, OK 74728

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Description

OWN AN ICON This property is in a popular tourist area and presents a lucrative opportunity for a turnkey restaurant business. With a seating capacity of over 100 and potential for expansion, The OAKS has been operating successfully for more than 25 years. The current owner is retiring, making this an ideal time to acquire the establishment. Housed in a spacious custom-built Satterwhite log cabin, the restaurant enjoys high visibility on A HEAVILY TRAFFICED FOUR LANE HIGHWAY WITH AN AVG DAILY TRAFFIC COUNT EXCEEDING 16,000. Popular with locals and tourists, The Oaks Steakhouse takes pride in its dedicated and long-serving employees, who consistently deliver exceptional servicefounded on October 27th, 1997, by L.D. "Bud" Gilbreath, a former McCurtain County sheriff, and his wife Laverne, the restaurant represents the Gilbreath family's reentry into the customer service industry after operating a grocery store. The choice of the restaurant's name is inspired by the majestic oak trees surrounding the site. As one of the pioneering dining establishments in the area, The Oaks Steakhouse has garnered the appreciation and unwavering support of the community. It is worth noting that Broken Bow, where the restaurant is located, has been ranked as the top small town to live in Oklahoma, fifth in the nation, and among the top 20 tourist destinations nationwide. This self-sustaining and profitable business opportunity comes with the option of partial financing. Interested parties must provide proof of their financial capabilities to purchase the property, upon which the relevant financial records will be shared.

Details

MLS#1119298
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1997
Days On Site223
Listing Provided ByKeller-Williams Platinum B.B. | Tammie Duck

Features

SQ Feet2,520
ZoningCommercial

Market Activity 74728

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Learn More About This Property

StateOK
CountyMcCurtain
CityBroken Bow
Zip Code74728
AreaMcCurtain
Listing VS Median (in 74728)
Price:
$1,700,000
low | high
Med:
$677,000
100% of Average
SqFt:
2,520
low | high
Med:
1,380
95.238095238095% of Average
$ / SqFt:
$675
low | high
Med:
$493
76.87924781399% of Average
On Site:
223
low | high
Med:
199
100% of Average
Sourced by Back At You
Listing Updated: January 10, 2025 at 11:51:19 AM PST
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