Profitable American Restaurant
Not Disclosed, IA Not Disclosed
NE Iowa
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- RE: Profitable American Restaurant
- Contact: Jeremy Sacker
Quick Facts
| Asking Price: | $250,000 | |
| Annual Revenue: | $1,476,393 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $138,454 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $258,544 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2022 | |
| Employees: | 33 | |
| BBN Listing #: | 954490 | |
| Broker Reference #: | 5001-18565 |
Business Overview:
Note: The SDE assumes that buyer will manage the business day to day. The owner is currently 95% absentee.Â
Thriving Bar and Grill that is a local favorite. Known for its diverse menu, which features several regional favorites alongside unique dishes that keep customers coming back for more. With a spacious facility, larger than average, this establishment is not only a dining hotspot but also a lively social hub.
Key Features:
- Prime Location: Situated in a high-traffic strip mall, ensuring a steady flow of foot traffic.
- Diverse Menu: A wide range of dishes, including popular regional favorites and unique culinary creations.
- Spacious Facility: Larger than average, offering plenty of seating and a comfortable dining experience.
- Entertainment: Equipped with several TVs and games, making it the perfect venue for sports enthusiasts.
- Outstanding Reputation: A stellar Google review score of over 4.0 with more than 1,000 reviews.
- Exceptional Service: Quick service with an attentive and knowledgeable staff.
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Property Features and Assets:
Approximately 4,000 square feet, leased. Currently under the first term of a 5 year lease. Assignment available with landlord approval.
Assets = $258,544
Market Competition and Expansion:
American style restaurant with several competitors in the area, but they have distinguished themselves with regional favorites and as well as a diverse menu.
There is potential for growth through a marketing, including specials and events. The restaurant is already known for quality food and good portion size.
Reason for Selling:
Other business interests.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:
- View more Iowa businesses for sale
- View more Businesses For Sale in the same industry
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