Peterson Acquisitions assists businesses in selling or improving their operations to make them sell-able. Our process is well-proven and tightly controlled to protect the confidentiality of our sellers and buyers.
Polk County, IA
Little Caesar's is one of the largest and fastest the growing pizza carry-out chains in the world with restaurants on five continents. Restaurant experience is preferred. Franchisor requires a minimum of $250,000 net worth with $100,000 liquid.
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 is offered through Scott Stricker, Next Generation Realty. 6000 Grand Ave. Des Moines, IA 50312 515-224-9900
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
Premier small full-service hotel. Award-winning. $387 K annual gross sales. Ideal corporate retreat center, special use, or continued use as hotel and restaurant. 17 acres--2 eased to adjoining municiple golf course. Room for expansion. Summer 70% average occupancy rate. Winter 60% average occupancy rate. Priced below previously appraised value. Within city limits. Closest hotel to city center, Waldorf College and event grounds. Wooded acres could easily be developed for condos or other. Older but well-maintained building. Built 1968/1970/1988. Updates. Main building containing 12 large suites, 6 smaller rooms, 1 Jacuzzi suite, 3 bedroom manager's apartment, and restaurant, is a beautiful A-Frame of rock and wood construction with two-storied wings. 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. City utilities. All reasonable offers considered Web pages: www.thelodgeforestcity.com Please contact by email rather than phone.
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
*** 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.
** 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 beautiful Hotel and Restaurant is located on approx 2 acres near Lake Superior. This is a destination with excellent reviews and customers coming back again and again. Visitors are attracted to the area for camping, fishing, waterfall tours, wildlife viewing, skiing, snowmobiling, hiking, snow shoeing, cross country skiing, dog sledding, wildlife viewing, renting motor boats, fishing boats, pontoon boats, canoes, kayaks, street or mountain bikes, taking tours and hikes into the back country and more. The guest rooms are a charming country style plus rooms for the owners. This is a rare opportunity to own and operate a piece of Upper Michigan Beauty!
Historic turnkey business is ready for new owners and manager. Building has been renovated with many expensive updates, such as roof and a/c. Includes the secret recipe for homemade sauce and dough, in addition to the historic name. Two bedroom upper apartment perfect for owner or additional income. Please contact us for additional details!
This full-service diner and restaurant is a huge draw for locals and for folks from a 20-mile radius. Serving breakfast all day, daily lunch specials, and a buffet, their quality food has enabled a good cash flow and an excellent reputation. No competition as they’re the only diner in town! Come check out this great opportunity in Iowa today! This establishment includes $20,000 in equipment, fixtures and furnishings, and building and property valued at $32,000. Ask for portfolio #6001.
This restaurant and lounge was established in 1981 as a bar with limited food service. It has evolved since then into a full-service casual dining center with lounge support. They feature steaks, seafood, pastas, burgers, sandwiches, salads, kid's portions, appetizers and desserts, along with a large selection of soft drinks, beers, mixed drinks and wines. The main dining area and lounge has a capacity of 100 and the additional upper level that is a semi-private area is capable of seating 50 people. They boast an experience well-trained staff in a well-maintained facility. Located in Northwest Iowa.
Linn County, IA
This catering business comes with ongoing contracts, repeat clients and solid relationships with banquet facilities. Prepares meals for local aviation and sports teams along with a very busy wedding calendar and corporate dates. There is an existing chef. The owner is primarily involved in marketing, sales, customer service, and managing the employees. This is a great business if you have some food service experience and even better business if you have an existing food service business and want to expand your capacity, revenue and reach. The kitchen is fully equipped and can handle banquets over 1,000 people. A turn key operation for the right buyer.
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.
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.
Excellent location just off I-80 in one of Iowa’s strong cities. This restaurant is fully equipped and fully staffed with management in place. The business currently is operated by a semi-absent owner, but could be a great opportunity for someone that has always wanted to own and operate their own place. There are 4 motels within walking distance of the restaurant that brings in travelers and local citizens enjoy meeting their neighbors here as well. The building is 9,000 sq. ft. with three dining areas and total seating capacity of 265.
Obrien County, IA
1960’s steakhouse with seating for 211 includes a party room and patio. Featuring a Cordon Bleu trained cook recreating classic Americana cuisine in a retro themed ambiance, this restaurant is guaranteed to inspire throw-back memories of a bygone era in the rural Midwest. Located in a growing town that has several large businesses in O’Brien/Sioux Counties of Northwest Iowa, one hour from Sioux City and one hour from Sioux Falls, this steakhouse has a party room with bookings through the 2015 holidays. Offering not only dine in, party room, and patio seating during open hours Tuesday through Thursday, this steakhouse has successfully built on its reputation by investing in a popular catering service. Sales of more than $589,000 increased 10% from 2013 to 2014 with a profit margin of 25%. In the first year the Buyer can expect $88,835 after expenses and debts paid and 155% return on down payment. Capacity: 161 Dining area, 50+ party room, and patio Service Area: 1hr from Sioux City, 1hr from Sioux Falls Current Owner’s Responsibilities: Bookkeeping, Supervision, Dining Room Host and some Food Prep Employees: 1 FT Cook, 1 FT Server, and 25 PT Hours: Tuesday thru Saturday for lunch and dinner [Closed Sunday and Monday] Financial Overview Gross Sales 2015: $658,330 (Annualized) 2014: $589,552 2013: $531,791 Year over year growth of more than 10% Owner Profit/Cash Flow 2015: $206,463 (Annualized) 2014: $148,629 Profit Margin: 25% Assets Included in Purchase - Equipment: 4 burner custom 72”x48” griddle, 6 half booths, 7 full booths, touch screen POS, server pager system, and much more $153,936 - Vehicle: $4,500 (Catering Van) - Inventory: $11,000* *Amounts may vary Funding Example Purchase Price: $380,000 - 15% Buyer Down Payment: $57,000 - 20% Seller Financing: $76,000 - 65% Bank Loan: $247,000 In the first year the Buyer can expect: - NOI: $88,835 after expenses and debts paid - ROI: 155% return on down payment
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! Employees: 13 Employees – 1 General Manager, 4 Full Time Employees and 8 Part Time Employees Hours: Monday-Sunday 10:00 am – 10:00 pm 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 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 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
144-room Full Service Hotel. I-80 location with 26,000 VPD.
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.
Opened in the fall of 2010, this restaurant/brew pub is located in a renovated turn of the century 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 reviews range from 4 to 5 stars out of 5 stars. Seller would finance a portion of selling price.
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.
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 have a manager in place. This is a rare opportunity since most times a fast food franchise business would be over $300,000.
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