Established Family Restaurant
Not Disclosed, IA Union County
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- RE: Established Family Restaurant
- Contact: Dennis Darnell
Quick Facts
| Asking Price: | $120,000 | |
| Annual Revenue: | $850,635 | |
| Net Profit: | $34 | |
| Cash Flow: | $105,344 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $30,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2004 | |
| Employees: | 27 | |
| BBN Listing #: | 162455381 | |
| Broker Reference #: | 2072634 |
Business Overview:
Here is your opportunity to get into the restaurant industry. Located in SW Iowa, this family style restaurant has been serving this area for nineteen years.
Absentee owned with manager on-site. 12 Full Time and 15 Part Time employees. Perfect business for an owner-operator.
3,200 square feet with full kitchen.
Real estate is for sale - asking $830,000. An appraisal was completed in 2019 = $830,000.
Business (only) asking - $120,000.
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Property Features and Assets:
3,200 square feet with full kitchen.
Market Competition and Expansion:
Located in a nice, clean community.
Reason for Selling:
Other Business Interest.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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