The Location to Expand Your Killer Restaurant Concept

Scott County, IA

Seller Financing Available
This is not the view from this location, but it's nearby.

Asking Price:$250,000

Cash Flow:$68,000

Gross Revenue:$630,000

EBITDA:N/A

FF&E:$200,000

Inventory:$30,000

Real Estate:$1,500,000*

Established:2009

*not included in asking price.

The Location to Expand Your Killer Restaurant Concept

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Business Description

Successful operators will be able to quickly size up this opportunity as beneficial in their portfolio, or not.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
5FTE,20PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Multi-floor dining, bar, banquet and kitchen layout. Will lease 3.5 stories for $12K per month to new owner, and make mutually agreeable lease hold improvements.
Competition:
Consistent, growing, and not fully marketed to, customers from the tourism, residential and office staff pools in the area.
Growth & Expansion:
Significant multi-use hospitality, dining, and housing development in immediate proximity. Thriving cultural and cuisine scene. Outdoor patio infrastructure in place, but not deployed.
Financing:
Lease hold improvements.
Reason for Selling:
Landlord, not operator.

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Todd McGreevy

Business Listed By:
Todd McGreevy

Marigold Resources

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