Business For Sale

Restaurant - Price Reduced - Motivated

Not Disclosed, IA

Central Iowa small town

Asking Price: Annual Revenue:
$175,000 $402,918

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Restaurant - Price Reduced - Motivated Broker: Kelly Lorenzen

Quick Facts

Asking Price: $175,000
Annual Revenue: $402,918
Net Profit: $34,341
Cash Flow: $39,757
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: $175,000
Year Established: 1960's
Employees: 8
BBN Listing #: 719753881
Broker Reference #: 8610RH

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Business Overview:

This restaurant is located in one of Central Iowa’s best known tourist destinations. Only a block from the John Wayne museum and a few miles from the covered bridges of Madison County.

This business has steady sales and consistent profits. Known for good food and a friendly staff, the locals and tourists enjoy returning to this restaurant time after time. The asset sale includes everything including equipment, inventory, and real estate. A buyer can purchase this restaurant for less than the cost to start up a new location and have cash flow on the first day.

This restaurant is located less than 50 miles from Des Moines.

The seller is willing to assist a new owner through a smooth transition.

Annual Revenue $400,000

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Property Features and Assets:

1,700+ Square feet stand-alone building sitting on .32 acres.

Market Competition and Expansion:

Market Opportunities • Extend Wednesday hours and open on Sunday. • Create extra traffic by holding special events. • Offer delivery service to town.

Reason for Selling:

Career change

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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