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New Bar and Grill

Eastern Iowa Mid Size Cit, Iowa

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $450,000 Inventory $4000* 
Gross Income Not Disclosed Real Estate $260,000* 
Cash Flow Not Disclosed Year Established 2007
FF&E $75,000* Employees 3

* included in the asking price

** not included in the asking price

Owner previously ran a family -style chain restaurant in this location for over ten years. The chain was losing its sparkle so he closed it in Septemebr of 2007 and reopened two months later as a neighborhood bar and grill with a motorcycle theme. This is very attractive, well lit, well decorated and ready to grow. There are overhead tv's and a game area near the bar . Great visibility and access to the main thoroughfare thru town.

Facilities: Newly remodeled 3283 sq.ft. bar and grill with 85 parking slots on site, seating capacity of 100. All equipment in good condition. Located on the major route through town with easy access and great visibility.

Competition: This is a modern neighborhood bar/grill with the typical competition withing one to two miles

Growth/Expansion: Needs an aggressive marketing program-BUT, a major industry very close by is undergoing a mega expansion that will place a lot of new employees right here.

Support/Training: Owner will train

Reason Selling: other business interests

AD # 374150

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