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Restaurant - #5249

Undisclosed, Iowa

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $5,500,000 Inventory $70,000* 
Gross Income $9,158,257 Real Estate  
Cash Flow $982,861 Year Established 1989
FF&E $3,810,893* Employees 266

* included in the asking price

** not included in the asking price

RESTAURANT: This is a multi location, family dining, food and beverage business with locations statewide. There are 250 + employees. Each location has a separate management team. Additionally, a senior management team is in place, excluding the owners. The management team can remain for a new buyer and these key employees have the ability, knowledge and expertise to manage the entire operation. Senior management has been active in local and state organizations affiliated with their market. This business continues to be profitable and strong with excellent service, good vendor relations, and loyal customers.

Financing: No

Support/Training: Owner will prticipate with buyer for 30 days. Seller will be available by cell phone for 90 days.

Reason Selling: Retirement

AD # 358527

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