Profitable, Long Established Family Restaurant for sale

Iowa

Seller Financing Available

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Asking Price:$410,000
Gross Revenue:$1,231,000
FF&E:$32,000
Established Year:1999
Cash Flow:$146,000
Inventory:$12,000
Real Estate:$340,000
BUSINESS DESCRIPTION

Long established, profitable, well run family style restaurant. This business has some of the best home cooked food you've tasted! Seller has seasoned employees and managers in place such that the business is self-sufficient and allows him time off to travel, visit family. Serves breakfast, lunch, and dinner; great location, popular community establishment that brings customers from all over as well as road travelers. Seller will provide full training and transition.

Real estate is available to purchase, or Seller will consider leasing the property to a Buyer. Property is priced as $340,000.

Due to the confidential nature of a business sale, the exact town location has not been included in the listing. Please contact Matthew Ashburn for more details, and learn about how you can become an owner of a solid business, that is fun to own, systems in place, and has potential for more growth!


DETAILED INFORMATION
Location
Iowa
Inventory
Included in asking price
Real Estate
Owned
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Real estate available for lease or purchase
Financing
Seller or Third Party Financing available for a qualified buyer
Support & Training
Seller will negotiate a transition period
Reason for Selling
Retirement
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Roger
Hutson
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Roger Hutson