Profitable American Restaurant

Iowa

Asking Price:	$250,000
Gross Revenue:	$1,476,393
FF&E:	$258,544

Cash Flow:	$138,454
Inventory:	$21,051
Established Year:	2022

Listing ID: 2287279Listing provided by BizBuySell

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.

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.

DETAILED INFORMATION

Location

Iowa

Inventory

Not Included in asking price

Real Estate

Leased

Building SF

4,000

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

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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