Popular Restaurant with Bar for Sale in Sioux City Iowa

Sioux City, IA (Woodbury County)

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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $1,250,000

EBITDA: N/A

FF&E: $100,000

Inventory: $25,000*

Established: 2011

*not included in asking price.

Popular Restaurant with Bar for Sale in Sioux City Iowa

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Business Description

A well known and respected Full-service restaurant and bar business is available in the most popular food and entertainment area of Sioux City, IA.(70% food/30%bar) Fully equipped and easy to continue on with current business. Business has no debt. Transferable licenses and ability to purchase our S-Corp for ease of take-over. Perfect opportunity for a Chef or General Manager's first restaurant. Take advantage of strong neighborhood demographics, traffic counts and spending demographics that this location has to offer. Current owner and staff have an excellent customer base built. Restaurant has repeatedly won awards for Best of the Best in town. Less than one block away, the new 150 room Courtyard by Marriott hotel connected to our Event Center, is scheduled to open in the fall of 2019.

Detailed Information

Location:
Sioux City, IA
Inventory:
Not included in asking price
Employees:
27
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Party room on site Catering license; outdoor service and Sunday service licences in effect. The business S-Corp may be included with the sale price- assume all licenses with the purchase.
Competition:
All other restaurants & pubs in this area are family owned and support one another.
Support & Training:
All recipes stay with the business;
Reason for Selling:
owner retiring
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Business Listed By:
Not Disclosed

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