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- RE: Urbandale Iowa Bar & Grill
- Contact: Kevin Lease
Quick Facts
Asking Price: | $179,400 | |
Annual Revenue: | $447,979 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $83,100 | |
Total Debt: | Not Disclosed | |
FF&E: | $121,510 | |
Real Estate: | Not Disclosed | |
Year Established: | 2000 | |
Employees: | 6 | |
BBN Listing #: | 938140 | |
Broker Reference #: | 5004-18195 |
Business Overview:
Established business in the area for nearly 20 years. The business is a well known and locally owned neighborhood grill/bar. They offer a full menu offering food (breakfast, lunch, dinner) as well as a full bar. They also have a game room that can be used by patrons and children of patrons during their dining experience. The business has an established name and strong customer base. Business has strong and longstanding employee base. Owner oversees and manages the day-to-day operations of the business. New owner can look to grow revenue and product/service mix and could consider relocation for additional visibility.
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Property Features and Assets:
Good location along major corridor. Area has a good mix of retail businesses. Car traffic is good and makes the location desirable. Area has plenty of parking to accommodate current customers and future growth.
Assets = $121,510
Market Competition and Expansion:
Direct and Indirect competition exists, but the business is well established with a strong following, great brand, and is located on a higher traffic corridor.
Business owner can look to grow the business through extended hours, additional services. Owner can also look to open additional locations.
Reason for Selling:
Personal and Family Reasons.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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