Profitable American Restaurant

Iowa

Asking Price:

$250,000

The total asking price of the business for sale

Cash Flow:

$138,454

Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets. "For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000

Gross Revenue:

$1,476,393

All annual business income (prio calendar year or trailing 12 months ) before any cost-of-sales or expenses have been deducted.

Inventory:

$21,051*

The value of the merchandise, raw materials, and finished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.

EBITDA:

N/A

Earnings Before Interest, Taxes, Depreciation and Amortization 

Rent:

N/A

FF&E:

$258,544

Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending in the type of business.

Established:

2022

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

Location:

Iowa

Real Estate:

Leased

Building SF:

4,000

Lease Expiration:

N/A

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.

Franchise:

N/A

Business Website:

N/A

Business Location

2287279

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms of Use before responding to any ad.

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