Highly Profitable Central Iowa Restaurant, with...

Central Iowa, IA
Story County

Asking Price: Annual Revenue:
$1,400,000 $1,538,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Highly Profitable Central Iowa Restaurant, with... Broker: Matthew Ashburn

Quick Facts

Asking Price: $1,400,000
Annual Revenue: $1,538,000
Net Profit: Not Disclosed
Cash Flow: $314,861
Total Debt: Not Disclosed
FF&E: $268,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 46
BBN Listing #: 782338602
Broker Reference #: ANKENIA001-N555

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Business Overview:

Here’s your opportunity to own a business in one of the most in-demand segments of its category. The Seller has put systems in place to run it as a management business, dialing in seat to serve times, operational costs, a team philosophy and creating a culture that brings back loyal raving customers and attracts new fans daily. Nearly 5-point reviews from Yelp, Google, and TripAdvisor. The result is 20% net operating income in 2018. In 2019 year to date through September show a 37% year over year revenue increase, and a 42% operating profit increase. This business is solid, growing, and poised for expansion to other locations, or perfect for franchising. A great business for a single owner, or investor group to add onto an existing portfolio. If you’ve wanted to own a successful business, with loyal employees, raving customers, clean financials and highly profitable, this one is the recipe for success. Contact Matthew Ashburn today- it won’t last long!

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Reason for Selling:

Retirement & Family Issues

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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