Business For Sale

Restaurant - Price Reduced - Motivated

Not Disclosed, IA

Central Iowa small town


Asking Price: Annual Revenue:
$205,000 $402,918

Food & Beverage: Restaurants, Fast Food, Deli


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

Quick Facts

Asking Price: $205,000
Annual Revenue: $402,918
Net Profit: $34,341
Cash Flow: $39,757
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: $165,000
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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