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Iowa Business For Sale |
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| RESTAURANT - #5249 |
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| Attn: Roy Huffman |
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| Undisclosed, IA, USA |
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| Asking Price: |
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$5,500,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Restaurants, Fast Food, Deli |
| Reason for Selling: |
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Retirement. |
| Year Established: |
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1989 |
| # of Employees: |
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95FT 171PT |
| Yearly Revenues: |
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$9,158,257 |
| Yearly Cash Flow: |
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$982,891 |
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Business for Sale Overview:
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This is a multi – location, family dining, food and beverage business with locations statewide. There are 250 + employees. Each location has a separate management team. Additionally, a senior management team is in place, excluding the owners. The management team can remain for a new buyer and these key employees have the ability, knowledge and expertise to manage the entire operation. Senior management has been active in local and state organizations affiliated with their market. This business continues to be profitable and strong with excellent service, good vendor relations, and loyal customers.
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Property Features and Assets:
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Furniture, Fixtures and Equipment: $3,810,893 Included in asking price. Inventory: $70,000 Included in asking price. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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