Millstream Brau Haus Restaurant

Amana, IA
Iowa County

Tourist Area


Asking Price: Annual Revenue:
$600,000 $632,850

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Millstream Brau Haus Restaurant Broker: Dennis Henderson

Quick Facts

Asking Price: $600,000
Annual Revenue: $632,850
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $282,061
Real Estate: Not Disclosed
Year Established: 2016
Employees: 29
BBN Listing #: 673935915
Broker Reference #: 2935

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Business Overview:

Millstream Brau Haus restaurant is a German Bierhalle serving German-beer inspired food along with a large selection of craft beers. The Brau Haus provides a beer-inspired food venue alternative to the limited family style menus found in the other eating establishments in the Amana Colonies area. The Amana Colonies is on the U.S. National Register of Historic Places and is a popular tourist area in Eastern Iowa. It is made up of seven villages which were founded in 1856. Prior to 1932 the people of Amana lived a communal life. Tourists come to learn about what life was like for the colonists and to attend the many events held in the area.

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Property Features and Assets:

The building is 26,500 square feet with two stories and has a full basement and a loft area. There is a full kitchen, a bakery and cold/frozen vegetable and meat walk-in coolers. There is also a small, private apartment on the second floor that can be rented for additional income. There is ample parking available on the 1.680 acres.

Market Competition and Expansion:

A new owner could increase revenues by extending the Brau Haus hours to accommodate morning breakfast patrons as well as later in the evening to accommodate guests looking for some evening entertainment.

Reason for Selling:

Retirement

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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