Profitable American Restaurant

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Iowa

$250,000

Listing# :

2287279

Cash Flow :

$138,454

Gross Revenue :

$1,476,393

Status :

For-Sale

Discretionary Earnings :

$250,000

Business Type

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.

Business Description

Note: The SDE assumes that buyer will manage the business day to day. The owner is currently 95% absentee. 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.

Detailed Information

Real Estate:

Leased

Inventory:

$21,051*

FF&E:

$258,544

Building SF:

4,000

Employees:

33 Facilities:

Approximately 4,000 sq ft, leased. Currently under the first term of a 5 year lease. Assignment available with landlord approval.

Competition:

American style restaurant with several competitors in the area, but they have distinguished themselves with regional favorites and as well as a diverse menu.

Growth & Expansion:

There is potential for growth through a marketing, including specials and events. The restaurant is already known for quality food and good portion size.

Support & Training:

Will train for 1 week @ $0 cost.

Reason for Selling:

Other business interests.

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