Business For Sale

Million Dollar View of the Mississippi

Guttenberg, IA
Clayton County


Asking Price: Annual Revenue:
$344,000 Not Disclosed

Food & Beverage: Bars, Clubs, Nightspots


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RE: Million Dollar View of the Mississippi Broker: Jeff Olson
License #: B60076000

Quick Facts

Asking Price: $344,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 15
BBN Listing #: 890445254
Broker Reference #: Not Disclosed

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Business Overview:

NE Iowa's most scenic Waterfront Bar & Restaurant is located in the Beautiful & Scenic rolling hills and right on the banks of the good ol' Mississippi. The Riverview Café/"Dam" Bar is one of the Hottest locations for Boaters, Bikers, Tourists and "YES" even the Towns local residents. Large kitchen, Dining Room, Bar & Deck. Sales have increased every single year!

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Property Features and Assets:

This 3 story building has 3700 square feet on each level and is one of Guttenbergs main stays as far as HISTORIC and RICH in History. With windows across the entire East side for both the restaurant and bar you can't get a bad seat in the place as watching barges, boats, etc go up and down the river is quite the site to see. All equipment, furniture, etc stay with the sale of the property.

Market Competition and Expansion:

Solid advertising thru Newspapers, Facebook, Friends, etc have grown this business from just under $200,000 year 1 to over $600,000 year 5. There is potential to crack the $1,000,000.00 mark in the next couple of years as the REPUTATION is known throughout the Midwest.

Reason for Selling:

ONE OWNER RETIRING

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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