Restaurant / Bar - Well kept and updated!

Edgewood, IA
Clayton County

Downtown Restaurant

Asking Price: Annual Revenue:
$249,000 $300,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Restaurant / Bar - Well kept and updated! Broker: Joe Sylvester
License #: B60076

Quick Facts

Asking Price: $249,000
Annual Revenue: $300,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: 10
BBN Listing #: 84945254
Broker Reference #: 141706

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Business Overview:

Very busy and well kept restaurant in Edgewood, Iowa. A must see for an entrepreneur! This property is a turn key opportunity for the right person. All of the restaurant and bar equipment is included in this sale. It also has 2 updated apartments upstairs 111 and 113 buildings. Both of these could be a great source of revenue or living quarters!

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Property Features and Assets:

Well kept and updated! Located on the main street in Edgewood Iowa and is a very popular restaurant for locals in the area! They run amazing specials for dinner, and are well loved in the area.

Market Competition and Expansion:

There are two other restaurants in Edgewood, a pizza place, and a local bar that serves bar food. Frannys is the only one who serves a Dinner style menu, and has comfortable sit down eating with a nice ambiance in this town.

Reason for Selling:

Changing careers.

Additional Details:

  • The property is owned.
  • The owner is not 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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