Established Restaurant Including Real Estate
Davenport, IA
| Asking Price: | $2,500,000 |
| Gross Revenue: | $1,500,000 |
| FF&E: | $200,000 |
| Established Year: | 2007 |
| Cash Flow: | $395,700 |
| Inventory: | $15,000 |
| Real Estate: | $2,050,000 |
Listing ID: 2280447Listing provided by BizBuySell
BUSINESS DESCRIPTION
Turn-key operation, Includes Real Estate
An established restaurant located in the Village of East Davenport. An American sports bar menu with pizza, burgers, pasta, salads, and twenty beers on tap. The restaurant is approximately 8000 soft with two private party rooms and a heated outdoor patio and a one bedroom apartment. The restaurant was completely renovated 3 years ago. Complete true turn-key operation. All equipment is owned, nothing leased.
Also includes surrounding real estate - two 1500 sqft commercial spaces and two apartments.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Davenport, IA
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
11,000
Employees
30
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Includes three commercial spaces, three apartments, and the restaurant business.
Competition
The largest full service restaurant in the area. The only sports bar in the area.
Growth & Expansion
New growth potential via new marketing and more local festivals. The business is located in a historic area which attracts many local and out-of-town visitors.
Financing
N/A
Support & Training
Three months on-site training and any support required to transition new owner.
Reason for Selling
Moving out of the area.
Franchise
This business is an established franchise
BUSINESS LOCATION
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