Locally-Owned Destination Restaurant

Des Moines, IA
Polk County

Neighborhood


Asking Price: Annual Revenue:
$130,000 $214,466

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Locally-Owned Destination Restaurant Broker: Dennis Henderson

Quick Facts

Asking Price: $130,000
Annual Revenue: $214,466
Net Profit: $54,242
Cash Flow: $54,242
Total Debt: Not Disclosed
FF&E: $5,160
Real Estate: Not Disclosed
Year Established: 2003
Employees: 9
BBN Listing #: 554235915
Broker Reference #: 2894

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Business Overview:

This locally-owned destination restaurant for sale in Des Moines, Iowa has been in business since 2003. The business enjoys a loyal following of customers who come to them for the authentic regional American cuisine they serve. The business prides itself in using only quality, authentic ingredients for their menu items. Located along a busy road in a popular neighborhood, it also gets great traffic from both visitors and area residents. The restaurant seats 49 diners and does a high volume of take-out orders.

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Property Features and Assets:

The 1,800 square foot restaurant is leased and the majority of the restaurant equipment is owned by the landlord and will stay with the business. Parking is readily available along the street in front or in a parking lot behind the building.

Market Competition and Expansion:

Although this business is already quite popular, growth could happen by building upon their excellent reputation for the authentic food. Expanding hours, adding alcohol and implementing a marketing campaign could increase revenues for the business.

Reason for Selling:

Pursuing other business interests.

Additional Details:

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

Documents:

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