Entrepreneurs invest many years building successful businesses. Selling your business, or buying an existing one, is a life-changing event. It is the mission of Truforte to help goal-oriented individuals realize their dreams. Our professionals have successfully handled hundreds of business sales throughout the USA for buyers and sellers. This provides valuable experience that better qualifies Truforte to help with the purchase or sale of your business entity. Business brokers are intermediaries who facilitate the sale of privately held businesses by working with both buyers and sellers. Confidentiality is critical to the successful transfer of a business. If it becomes known that a business is for sale, several things start happening and none of them are beneficial for either the seller or buyer of the business. Professional intermediaries are keenly aware of this and are experts at maintaining confidentiality. Truforte's professionals have decades of experience, handling the sale of hundreds of businesses in a wide range of size and industries.
Linn County, IA
Great opportunity to own your own well-established, successful restaurant. Ideal business for owner who values fresh & healthy eating while appreciating a high-energy environment that creates fun experiences. Enjoy food, people & fun? You can own this business for yourself but not by yourself as part of a system designed for success. This system involves an experienced team to assist in solutions to challenges, resources to support in training operations, purchasing, menu programs & marketing including advertising, Internet, social media & email database. This is a popular, healthy fast casual concept offers fresh, proprietary brand of menu items in an interactive, entertaining environment. The interior features high-energy dining rooms with vibrant, rich colors & trademark theme. The concept has grown, thanks to having development costs similar to sub sandwich franchises, but generating twice the revenue. The concept is simple compared with operations at most fast casual restaurants with a full-service experience but a fast casual price point & service model. The successful buyer may convert to an independent concept or seek to continue as a franchise with an organization named one of Top 50 Fast Casual restaurant brands in 2014 by FastCasual.com. Established in the late 1990’s with over 100 restaurant locations, this brand has consistently been listed on Entrepreneur Franchise 500 and recognized by major trade publications such as INC. Magazine, Nation’s Restaurant News, Restaurant Business Magazine & Food and Drink Magazine.
Thriving Businesses located in Burlington, Fort Dodge and Waterloo. Great locations, Great in store atmosphere, Great product! Huge social media following! Awesome opportunity for right buyer! Can package stores together or buy individually. PRICED TO SELL! 641.425.86176
Forest City, IA
Award-winning hotel. Ideal corporate retreat center, special use, or continued use as resort hotel and restaurant. $387 K gross sales. Summer 70% average occupancy rate. Winter 60% average occupancy rate. Priced below appraised value. Note: Google Map pointer, satellite and street view is incorrect (sorry, I have not been able to correct). We are located at the south end of town, and the map views are incorrect. Wooded acres could easily be developed into condos or other. Older but well-maintained. Built 1968/1970/1988. Updates. Main building containing 10 large suites, 3 smaller rooms, 2 staff apartments, and restaurant, is a beautiful A-Frame of rock and wood construction with two-story addition. 5 smaller standard rooms with decks in secondary lodging building. Large garage/storage building. $2 million replacement value on buildings. Beautiful land parcel overlooking public golf course. Property bordered by Winnebago Industries' WIT camp grounds, and, Tree Town Festival grounds attracting thousands of visitors each year. River with fishing and canoeing runs through the property, also paved hiking trails. Open year round. Winter cross-country skiing trails. Lies within city limits. FSBO Priced to sell at $1.2 million or best offer. Will consider trade for larger well-located investment property. Web pages: www.thelodgeforestcity.com Please contact by email rather than phone.
Great location in strip mall near Walmart in Grimes, IA. Business has an established clientele that can be expanded with solid local marketing. Potential to grow through additional product offerings. Self-serve means low labor costs and higher margin. Strong local community support. Favorable lease in place with options.3
Price reduced. Owners willing to partially finance. Rare opportunity! Get ready for the race season! Established among sprint car race crowd. Sole American food, full service bar and restaurant in newly scaped downtown. Weekly in house catering for five organizations. Continuing high demand for catering in local area! High profit potential. New and transferable warrantied membrane roof, updated electrical and plumbing. Two on demand hot water tankless heater. The Fox Pub & Grille and the Lake Red Rock Cultural Center is contained in a converted 8,000 square feet masonic lodge building in Knoxville, IA, home of the largest sprintcar dirtrack in the world, which swells with visitors and fans during the April through September race season. Although the upstairs can be easily converted to living quarters or income producing apartments, currently the upstairs features a ballroom for weddings, parties, and other events, while the downstairs operates as a restaurant and bar, which is capable of catering. Only Alfresco dinning downtown. It is an established and absolute turn key restaurant and cultural center which has been operating for over 10 years and has been known for its avid support of veterans and military servicemen and women
*** AMERICAN ICON IN BREAKFAST *** $ For 54 years, the IHOP family restaurant chain has served our world famous pancakes and a wide variety of breakfast, lunch and dinner items that are loved by people of all ages — offering an affordable, everyday dining experience with warm and friendly service. $ As of 2015, there were 1,650 IHOP restaurants in 50 states and the District of Columbia, as well as in Bahrain, Canada, Dubai (UAE), Guatemala, Kuwait, Mexico, Puerto Rico, Saudi Arabia, The Philippines and the U.S. Virgin Islands. $ Under the licensed name IHOP at HOME® consumers can also enjoy a line of premium breakfast products available at leading retailers. IHOP restaurants are franchised and operated by Glendale, California-based International House of Pancakes, LLC and its affiliates. International House of Pancakes, LLC is a wholly-owned subsidiary of DineEquity, Inc. (NYSE: DIN). $ Owner Franchisee of 20 IHOPs finally decides to retire. . Portfolio includes 20 IHOP restaurant operations. It also includes 3 fee simple properties, where 3 of IHOPs are located and one IHOP real estate building with land-lease rights, housing one of 20 IHOP. . Please send in inquiry to receive an Nondisclosure and Confidentiality Agreement . Once NDA is filled and signed, more detailed information shall be shared. $ Owner has spent $728,482, $692,579, and $656,553 in Capital Expenditure of Remodelling during the year 2011, 2012 and 2013 respectively. . Cash Flow is after the remodeling has been expended. If you were to add the CapEx $, the cash flow is about Three Millions $3,000,000.
Iowa City, IA
This franchise has a fresh and contemporary alternative to traditional sandwiches. Sandwiches are prepared to guests’ exact specifications, toasted to perfection and delivered to guests for either in-house dining or take-out. In addition to sandwiches, guests can enjoy hand-dipped shakes, house chips and fresh, out-of-the-oven cookies. The business also offers reading stations, free Wi-Fi, and a very congenial atmosphere. This two-store package deal is an attractive offering, as it is available at a discount to new builds of the same operation. Both locations come with an established customer base, both walk-in and word-of-mouth referrals, high exposure and a trained staff, which insures a smooth transition in new ownership. Iowa City: The Iowa City location is in a quaint, prime location on historic Dubuque Street, and in the heart of downtown business and entertainment district. The University of Iowa campus has 30,000 students from which this store derives great volume and provides students with a very welcome place to dine and study. Also, volume averages over $600K in annual sales since opening 7 years ago. Within a 3-mile radius, there are over 4,500 businesses with a large daytime population, over 30,000 households with a medium home value of 200,000 and up. Coralville: The Coralville location is located next to the 2nd busiest shopping mall in Iowa. This store has enjoyed over 10% YOY sales growth in 2014 and 2015 sales growth is trending even higher. Within a 3-mile radius, there are over 2,000 businesses, with a daytime population of close to 30,000, and 22,000 households. The medium home value for this location is from 175,000 to 200.000. Catering has never been fully marketed or implemented at either of these locations, but there is a huge opportunity with the University and Hospitals to grow this business. New buyer will require approval from franchise corporate.
** AMERICAN ICON IN BREAKFAST *** $ For 54 years, the IHOP family restaurant chain has served our world famous pancakes and a wide variety of breakfast, lunch and dinner items that are loved by people of all ages — offering an affordable, everyday dining experience with warm and friendly service. $ As of 2015, there were 1,650 IHOP restaurants in 50 states and the District of Columbia, as well as in Bahrain, Canada, Dubai (UAE), Guatemala, Kuwait, Mexico, Puerto Rico, Saudi Arabia, The Philippines and the U.S. Virgin Islands. $ Under the licensed name IHOP at HOME® consumers can also enjoy a line of premium breakfast products available at leading retailers. IHOP restaurants are franchised and operated by Glendale, California-based International House of Pancakes, LLC and its affiliates. International House of Pancakes, LLC is a wholly-owned subsidiary of DineEquity, Inc. (NYSE: DIN). $ Owner Franchisee of 20 IHOPs finally decides to retire. . Portfolio includes 20 IHOP restaurant operations. It also includes 2 fee simple properties, where 3 of IHOPs are located and one IHOP real estate building with land-lease rights, housing one of 20 IHOP. . Please send in inquiry to receive an Nondisclosure and Confidentiality Agreement . Once NDA is filled and signed, more detailed information shall be shared. $ Owner has spent $728,482, $692,579, and $656,553 in Capital Expenditure of Remodelling during the year 2011, 2012 and 2013 respectively. . Cash Flow is after the remodeling has been expended. If you were to add the CapEx $, the cash flow is about Three Millions $3,000,000.
This restaurant in Central Iowa has been family-owned for the past twenty-five years. Its reputation for good food and friendly service make it a staple for the loyal clientele. A seasoned staff and move-in ready facility make this restaurant prime for continued increases in revenues and benefits for a new owner. This family-style restaurant is a place where everybody knows your name!
West Des Moines, IA
Remotely operated, full staffed burger franchise in West Des Moines, Iowa with annual sales of $851,044 in 2014. It’s your choice to operate absentee and earn $88,088 annually or increase your profit by being an owner-operator and earn $130,268. One General Manager is responsible for day to day operations and oversees 4 full time employees and 8 part time employees. The current owner runs this business remotely and absentee by scheduling weekly conference calls and regular site visits every 30 to 45 days. The reason the owner is selling is due to living out of state and the want to not be an absentee owner any longer. This turnkey operation is fully equipped with all personnel resources as well as necessary supplier, contacts and an online ordering system. The Franchisor provides marketing and training support to allow for consistency and national ad campaigns. Earn either a 31% or 95% return on your down payment investment in year one as well as a net operating income of $20,649 or $62,829! Location and Service Area: West Des Moines, IA Employees: 13 Employees – 1 General Manager, 4 Full Time Employees and 8 Part Time Employees Hours: Monday-Sunday 10:00 am – 10:00 pm Growth Opportunities: Catering accounts in the area for both residential and corporate evens Current Owner’s Responsibilities: Remotely and absentee owned with weekly check-in phone calls and site visits every 30-45 days Financial Overview: Gross Sales 2015 Annualized: $838,806 2014: $851,044 2013: $845,344 2012: $819,306 Owner Profit/Cash Flow (if Owner-Operator) 2014: $130,268 Owner Profit/Cash Flow (if Absentee Owner) 2014: $88,088 Profit Margin: 15% Multiple: 3.4 – [Multiples are based between 1 and 5, with 3 being the average] Valuation: Cash Flow x Multiple = Price $130,268 x 3.4 = $442,911 Assets Included in Purchase: Equipment: $189,568 Intangible Assets: Custom website with online ordering capabilities Build-Out: $235,586 Inventory: ~$7,000 *amounts may vary Funding Example: Purchase Price: $440,000 15% Buyer Down Payment: $66,000 15% Seller Financing: $66,000 70% Bank Loan: $308,000 Loan over collateralized by $124,154! Net Operating Income as Owner-Operator of $62,829 with a 95% Return on Down Payment Investment in Year One Net Operating Income as Absentee Owner of $20,649 with a 31% Return on Down Payment Investment in Year One
This business for sale in Iowa is a well-run and extremely profitable restaurant in the western part of the state. The restaurant is regarded as the "go to place" for excellent food and drinks. Friendly and professional service has created a loyal customer base and consistent, year over year revenue growth. The restaurant is in an outstanding location adjacent to a high traffic retail center. Coupled with the seasoned staff and turn-key systems, this opportunity provides a new owner stability and cash flow from day one of ownership. Real estate offered through Scott Stricker, Next Generation Realty. 6000 Grand Ave. Des Moines, IA Office: 515.224.9900 Direct: 515.727.4300
This established franchise restaurant is located in a regional hub of SW Iowa for business, education, medicine, industry and shopping. This community continues to grow and is rated as one of the states fastest growing communities. This business has been recognized, accepted and is supported by the community.
Great location and growing. Profile includes other company's owned by the owner and can also be part of the package if interested.
This restaurant is a business for sale in Iowa within a one hour drive of Des Moines. The restaurant's location is historically relevant to the area and a great deal of time and financial investment has created a magnificent combination of a modern, well equipped restaurant facility with historical charm. The restaurants seasoned staff and the systems that are in place provide a turn-key facility ready for continued growth in revenue and profits. Real estate offered through Scott Stricker, Next Generation Realty. 6000 Grand Avenue, Des Moines, IA 50312
This is a very successful pizza restaurant for sale in Eastern Iowa with reliable employees that have been with the business for several years. The business has been operating for well over 10 years and they serve a fast growing city providing dining, delivery, and carryout. Sales have been very consistent year after year and the seller will stay on and train the new owner and help with the transition. There is plenty of room for growth for an owner looking to expand and market the business. The seller does very little marketing. Please note, for confidentiality reasons we advertised this business under our office zip code and not the zip code to the restaurant. Contact Jason Hoff with Hoff Business Advisors for more information at 319-499-5300
Linn County, IA
Turnkey catering & event service in Eastern Iowa providing a wide range of catering options from intimate to large corporate events, weddings and social events. This business enjoys repeat clientele. It has developed a unique niche for recurring revenue, is the preferred caterer for venues and has access to a venue. The business has a fully-equipped commercial kitchen, service-ware, glassware, linens, & more serving box, bag, buffet or full service breakfast, lunch & dinner. The business serves client needs for holidays, special event catering, dinner parties, event planning & implementation, entertainment, periodic meal service or special gifts. Confidentiality nondisclosure agreement required.
144-room Full Service Hotel. I-80 location with 26,000 VPD.
Linn County, IA
Great opportunity to own your own successful pizzeria with great lunch volumes and emerging dinner revenue serving Chicago, New York & Detroit styles, salads, Italian sandwiches and a variety of beers on tap. This business boasts an excellent reputation. With increasing revenue and earnings, this business enjoys local customer traffic from a vigorous & growing area. It is one of few in the community designed with seasonal, outdoor dining. The limited menu, fast-casual aspects of the business model and recent design by an experienced restaurateur make this a very efficient operation. Thoughtfully planned with effective systems and processes in place for ease of operation, quick customer turn, minimal inventory overhead and very low food spoilage rate. This is a business intended to make money for the owner. Have Sundays off as a hands-on owner and most of the morning too. This business is not open Sunday. During the rest of the week, doors don’t open until 11 AM. Confidentiality nondisclosure agreement required.
This is an opportunity to purchase a very well established family restaurant with a strong local following. It is located near a busy highway in a progressive, picturesque north central Iowa town of over 1,600 people. This restaurant is best known for popular menu items featuring homemade tenderloins, onion rings, soups, broasted chicken and amazing cheeseburgers. At over 3,000 sq ft, the restaurant seats 84 inside and an additional 30 can be seated outside. Other assets include ample parking and an excellent staff. This is a turnkey business with tremendous growth opportunity, ideal for an owner operator. The owner is retiring and motivated to sell. He will consider seller financing to the right buyer, making this deal even more attractive to the first time owner/operator. Price is only $95,000 for the business with super cheap rent at only $500 per month or the building and property are available for purchase as well.
Linn County, IA
This is a true gem, a well established iconic restaurant that has a regular customer base that creates a brisk lunch crowd and steady through the dinner hour. Many people consider the restaurant a true tourist attraction and will make a special trip every time they visit the area. In addition to restaurant and carry out traffic there is a very healthy catering business that can even be expanded. This prime location is due for moderate updating and the landlord has agreed to update the interior along with renegotiating the lease. The franchisor may require some upgrades and is willing to work with qualified buyers on franchise transfer fees and on going percentage.
Small branded C-store on large parcel offering 4 gas products including off-road diesel under large lighted canopy. Business includes regionally known cafe and complementary business. Limited competition in the area, strong gallon sales and good inside margins. Open 6am-10pm 7 days a week.
Great cash flowing family owned restaurant for sale in suburb of Des Moines Iowa. This business name is known throughout central Iowa for serving grandmothers recipes while mixing in today’s more trendy dishes. This is a turnkey operation for the right buyer with a beautifully designed seating area and quality kitchen equipment. The current owner is ready to retire, but will stay on to help with a smooth transition. • Easy access to several major roads. • 7,500 sq. ft. • Current sales $1,400,000 • Asking Price $220,000
Opened in the fall of 2010, this restaurant / brew pub is located in a renovated brick building. This building was named by Main Street Iowa as the best adapted re-use of a historic building in the state. It has quickly become a favorite dining spot in the community. The food is unique, excellent and presented well by a pleasant staff and an excellent chef.
Two "turn-key" franchise quick service restaurants For Sale. They can be purchased as a "package" as well as sold individually. Both locations have unique and successful communities including strong commerce, school systems and colleges. The seller has continued to reinvest into the businesses to continue on this franchise's good name. Both locations are centrally located (within their communities) and have excellent "curb" appeal. One location is a stand alone prototype building and the other is an "in-line down town" location - both locations have a drive-thru. The offering price listed above is a total price for both businesses.
Des Moines, IA
Well established Des Moines bar for sale, serving the south side for 18 years. Seats over 250 and features a large bar, separate pool room, video games, DJ and Karaoke area, kitchen and patio. Full of large TV’s to watch your favorite team play, whether it’s college or the pros. Favorite gathering place on Sundays for the NFL ticket. Friendly staff to serve you your favorite beverage and food, including homemade pizza. Plenty of room for pool and dart leagues. This south side Des Moines bar for sale is completely turnkey, all furniture, fixtures and equipment included! Seller will fully train and enter into a no compete contract. Seller financing available to qualified buyer! Great opportunity to own a cash business. Open Monday through Sunday 3 p.m. to 2 a.m. Seven part-time employees in place. Owner has other business interests and is motivated to sell. Call now and make an offer, this will not last long!
A family owned restaurant in a growing Central Iowa Community. This restaurant is well known and offers a variety of menu items. Open lunch and dinner but closed on Sundays. Great opportunity for owner/operator to continue and grow the business.
**Motivated Seller** Own this fully remodeled 2,900 sq ft turn-key restaurant and bar located right on the town square! Daily lunch specials, sandwiches, sides, entrees, burgers, and great pizza are all available or bring in your own recipes to expand the offering. Restaurant features new gourmet kitchen and seating for 56; The Bar seats 37 and offers ice cold microbrews and a full selection of cocktails. Sale includes 4,700 total sq ft historic building scheduled for major façade renovations, restaurant and bar operations, furniture, fixtures, equipment, and inventory. Build a great business with a captive audience and limited competition in Montezuma Iowa! Call Matt Ashburn today at 515-964-5431.
Well established Taco John's business for sale in Davenport, IA. Taco John's is a strong franchise in the fast food market. This location has had consistent sales for several years. A new owner could run the business themselves or hire management to take over. This is a rare opportunity to get into a fast food franchise for under $300,000. A new franchise will cost anywhere from $300,000 to over $1,000,000.
Polk County, IA
**New Price - Motivated Seller! Earn 6 figures! Location, location location. . . . this one has it and MORE! Great opportunity to own one of the fastest growing pizzeria? in the metro. The franchisor has years of experience in the pizza business and offers training and support to the new owner. The Seller simply followed the systems and its shows in the bottom line numbers. This business is about employee management, marketing and quality control. Sellers are relocating out of state to expand the brand in a multi-unit location. Clean numbers, profitable, fun to own and Seller financing! If you have considered getting into your own business, don't miss this opportunity. Call Matt Ashburn right now at 515-964-5431 to get the details.
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