Successful 65 yr old treat biz

Not Disclosed, IA
Linn County

Suburb of metro area


Asking Price: Annual Revenue:
$140,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Successful 65 yr old treat biz Broker: Seller of Business

Quick Facts

Asking Price: $140,000
Annual Revenue: Not Disclosed
Net Profit: $119,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1952
Employees: Not Disclosed
BBN Listing #: 881558888
Broker Reference #: Not Disclosed

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Business Overview:

Great opportunity for investor or owner/operator with a top quality franchise restaurant in a high traffic area. It was remodeled in 2015 to add a drive thru. The building has inside seating for 33, 11-15 sets on the patio, and an inviting club seat area by a working fireplace. It is a treat only location, but was remodeled in such a way to make it easy to add burgers, etc, to really explode sales. Its location is convenient, between 2 high schools and close to a brand new Marriott hotel. Price includes inventory, equipment and marketing materials.
Land/building is separate but is an option to purchase as well as the business.

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Market Competition and Expansion:

Within 2 miles, there is very few competitors. We are the closest franchise to both high schools, which would be a tremendous asset should the new owner elect to change the menu to burgers.

Reason for Selling:

moving

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 a franchise resale opportunity.

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