| Asking Price |
$1,900,000 | Inventory |
$15,000** |
|---|---|---|---|
| Gross Income |
$1,700,000 | Real Estate |
|
| Cash Flow |
$266,000 | Year Established | 1198 |
| FF&E |
$200,000* | Employees | 18 |
* included in the asking price
** not included in the asking price
Owner changing career after 20 years. Well established, financially viable locations. Includes real estate, buildings, equipment, franchise. Attractively priced. Take possession before the busy season hits. Excellent management and staff in place.
Facilities: 10 year old DQ in growing Altoona. Building, equipment in excellent condition. Large lot, ample parking, drive-thru and inside dining. Other locations are Grinnell (same owners since 1988), and Toledo, not far from Meskwaki casino ( owned since 1996)
Competition: Located on the eastern edge of Altoona. Residential development nearby exploding. Most competitors on the west side, leaving the DQ as a more convenient option to locals Info on other two locations available.
Growth/Expansion: Modernization of the facilities in Altoona and Toledo required by IDQ. Seller will participate in expense to buyer.
Financing: Will consider lease/option with 3 or 5 yr balloon. Minimum down is 20%
Support/Training: Training at corporate headquarters required for new owner. Current owner will assist in training/transition period.
Reason Selling: Career Change

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