The Best Business to Own in Central Iowa Right ...

Confidential, IA
Story County


Asking Price: Annual Revenue:
$1,428,000 $2,100,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: The Best Business to Own in Central Iowa Right ... Broker: Matthew Ashburn

Quick Facts

Asking Price: $1,428,000
Annual Revenue: $2,100,000
Net Profit: Not Disclosed
Cash Flow: $476,000
Total Debt: Not Disclosed
FF&E: $268,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 46
BBN Listing #: 101138602
Broker Reference #: ANKENIA001-N555

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Business Overview:

Here’s your opportunity to own a business in one of the most in-demand segments of the restaurant category. The Seller has implemented proven systems used in managing businesses of different industries to run this one as a management business, dialing in seat to serve times, operational costs, a team philosophy and creating a culture that brings back loyal raving customers and attracts new fans daily. Nearly 5-point reviews from Yelp, Google, and TripAdvisor. By the numbers- The result is 15.8 % net operating income and 22.5% SDE in 2019. With a 20% down payment, a Buyer has a potential to earn up to an 80% cash on cash return on invested down payment. Read the last line again and let it sink in. 2020 sales are solid already. Great location that pulls people from all over Central Iowa. This business is solid, growing, and poised for expansion to other locations, or perfect for franchising. A great business for a single owner, or investor group to add onto an existing portfolio. If you’ve wanted to own a successful business, with loyal employees, raving customers, clean financials and highly profitable, this one is the recipe for success. Contact Matthew Ashburn today- it won’t last!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement & Family Issues

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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