Established Family Restaurant
Not Disclosed, IA Union County
Asking Price:
$120,000
Annual Revenue:
$850,635
Request More Information Contact the Seller
- 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:
- View more Iowa businesses for sale
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