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.6
Turn key established, growing ice cream shop in a new construction building (c.2008) and back building for sale in destination, college town of Decorah, Iowa. All furnishings, decor collectibles, and existing inventory included. Please visit website for more information and a virtual tour.
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
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.
Sioux City, IA
One of Siouxland's finest restaurants. Offering Japanese/American/Chinese and Italian dishes. Great foot traffic in the Southern Hills Mall. Exterior signage and an outside entrance expose this business to thousands per day. All recipes, furniture, fixtures, equipment, and inventory. $1M+ a year in sales. Buyer must assume Tenant friendly lease with Landlord.
Cedar Rapids, IA
Great little small town bar. Incredibly clean. List Price includes the real estate.
Restaurant specializing in authentic Vietnamese cuisine. The original Vietnamese recipes are used daily to prepare the delicious meals served to the continually growing customer base. The unmistakable flavor and aroma of these home cooked foods appeals to diners from the “bold and adventurous” to those that “just want a healthy and delicious” meal.
Scott County, IA
Successful operators will be able to quickly size up this opportunity as beneficial in their portfolio, or not.
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 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.
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.
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.
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 $883,195 in 2015. It’s your choice to operate absentee and earn $108,354 annually or increase your profit by being an owner-operator and earn $160,928. 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 71% or 156% return on your down payment investment in year one as well as a net operating income of $44,746 or $97,320! Financial Overview List Price: $415,000 Gross Sales 2015: $883,195 2014: $851,044 2013: $845,344 2012: $819,306 Owner Profit/Cash Flow (if Owner-Operator) 2015: $160,928 2014: $135,469 Owner Profit/Cash Flow (if Absentee Owner) 2015: $108,354 2014: $88,088 Profit Margin: 18% Multiple: 3.4 – [Multiples are based between 1 and 5, with 3 being the average] Valuation: Cash Flow x Multiple = Price $160,928 x 3.4 = $547,155 Assets Included in Purchase: $432,154 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: $415,000 15% Buyer Down Payment: $62,250 15% Seller Financing: $62,250 70% Bank Loan: $290,500 Loan over collateralized by $141,654! Net Operating Income as Owner-Operator of $97,320 with a 156% Return on Down Payment Investment in Year One Net Operating Income as Absentee Owner of $44,746 with a 71% 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 restaurant that has been recently remodeled and sits at the center of the downtown business district. This prime location enjoys a robust regular customer base that creates a brisk lunch crowd and a steady dinner crowd. Many people consider the restaurant iconic and 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. The franchisor is willing to work with qualified buyers to keep this successful site in operation. A must see business in the food industry.
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.
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.
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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