Sell a Business!
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Iowa Business For Sale |
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| RESTAURANT : STEAKHOUSE |
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| Attn: Roy Huffman |
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| Des Moines, IA, USA |
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| Asking Price: |
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$275,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Restaurants, Fast Food, Deli |
| Reason for Selling: |
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Other interests |
| Year Established: |
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1952 |
| # of Employees: |
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3 Full Time, 16 Part Time |
| Yearly Revenues: |
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$585,987 |
| Yearly Cash Flow: |
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$53,883 |
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Business for Sale Overview:
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Restaurant: Steakhouse: This popular central Iowa restaurant and lounge has enjoyed a loyal customer base since 1952. They specialize in steaks, but offer a wide variety of entrees – fish, tenderloins, lasagna, ribs. Their tasty appetizers and fully stocked bar also provides an atmosphere that draws a professional clientele. This restaurant facilitates large parties for special occasions such as retirements, birthdays, graduations, and wedding receptions. One Friday night per month they offer karaoke. Occasionally, they also feature live music. Located near major metro area in Central Iowa.
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Property Features and Assets:
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Real Estate: $225,000 Included in asking price.
Furniture, Fixtures and Equipment: $223,483 Included in asking price.
Inventory: $7,500 Included in asking price. |
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Additional Details:
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- The property is owned.
- 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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