Great Restaurant (Formerly Legacy Steakhouse)

Storm Lake, IA (Buena Vista County)

Seller Financing Available
Great Restaurant (Formerly Legacy Steakhouse)
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Asking Price: $75,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2008

Great Restaurant (Formerly Legacy Steakhouse)

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Business Description

Lease with Option to Buy (Very Flexible)

Formerly known as Legacy Steakhouse in Storm Lake, the building, approximately 5,200 square feet, is newly remodeled, warm, and inviting restaurant, with an adjacent 7,500 square feet parking lot (25-30 spaces). The Legacy is being offered as a complete turn-key operation, including furniture, fixtures and equipment. Fully-equipped commercial kitchen features a large walk-in cooler, multiple freezers, broiler, two separate cooking areas, stove, oven and much more. Restaurant seats over 200 guests. This building would be perfect for an owner/operator, or as an investment property. The building is located just off of Highway 7...nearly 5,000 VPD...and minutes from Kings Pointe Water Park and Buena Vista University. Great location, great opportunity!

This was a very established steak house and the most popular upscale dining in the city. In 2016 I sold the business due to health-related reasons, however, I am excited to see this restaurant reach it's potential once again.

Detailed Information

Location:
Storm Lake, IA
Financing:
For purchase of the business
Support & Training:
I am willing to work with the buyer and am very flexible on the type of ownership, we do not necessarily need to involve a bank.
Reason for Selling:
Already own another large business and do not have the time to handle both.
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Business Listed By:
Chris Iordanou

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