Profitable Long Established Family Style Restau...

Northern Iowa, IA


Asking Price: Annual Revenue:
$410,000 $1,231,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Long Established Family Style Restau... Broker: Matthew Ashburn

Quick Facts

Asking Price: $410,000
Annual Revenue: $1,231,000
Net Profit: Not Disclosed
Cash Flow: $146,000
Total Debt: Not Disclosed
FF&E: $32,000
Real Estate: Not Disclosed
Year Established: 1981
Employees: Not Disclosed
BBN Listing #: 818638602
Broker Reference #: ANKENIA001-N566

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Business Overview:

Long established, profitable, well run family style restaurant. This business has some of the best home cooked food you've tasted! Seller has seasoned employees and managers in place such that the business is self-sufficient and allows him time off to travel, visit family. Serves breakfast, lunch, and dinner; great location, popular community establishment that brings customers from all over as well as road travelers. Seller will provide full training and transition. Real estate is available to purchase, or Seller will consider leasing the property to a Buyer. Property is priced as $340,000. Due to the confidential nature of a business sale, the exact town location has not been included in the listing. Please contact Matthew Ashburn for more details, and learn about how you can become an owner of a solid business, that is fun to own, systems in place, and has potential for more growth!

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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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