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RE:  NW Iowa Turn Key Restaurant Franchise Contact:  Kevin Lease

Quick Facts

Asking Price: $1,299,000
Annual Revenue: $2,495,213
Net Profit: Not Disclosed
Cash Flow: $465,729
Total Debt: Not Disclosed
FF&E: $209,128
Real Estate: Not Disclosed
Year Established: 2015
Employees: 45
BBN Listing #: 36474955
Broker Reference #: 5004-17214

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Business Overview:

The business is being offered as a turn-key opportunity, with all equipment and employees in place. All equipment, furniture, and franchise rights are included in the sale. The business currently leases approximately 4,500 square feet in a prime location with seating for almost 200. The restaurant includes 12 TV's, 14 beer taps, a walk in cooler, walk in freezer, and approximately 30 employees. This location was developed and is being offered by the franchisor. The franchisor has additional restaurant franchise locations for sale. Additional details and financials will be provided to qualified buyers upon execution of a confidentiality agreement.

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Property Features and Assets:

The business currently leases approximately 4.500 square feet in a prime location with seating for almost 200. The location is located downtown which offers access to both residents of the area and business people working in the area. Assets = $693,031

Market Competition and Expansion:

Direct and Indirect competition exists, but the business is well established with a strong following, great brand, and unique service/product offering. Business owner can look to grow the business by adding additional locations. The franchise currently has 3 additional locations that may be considered for sale that are located in Central and East Central Iowa.

Reason for Selling:

Looking to selling its current location.

Additional Details:

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

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