Profitable Restaurant

Cedar Rapids, IA (Linn County)

Profitable Restaurant
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Asking Price: $105,000

Cash Flow: $40,000

Gross Revenue: $415,000

EBITDA: N/A

FF&E: N/A

Inventory: $10,000*

Established: 2008

*not included in asking price.

Profitable Restaurant

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Business Description

This is a bright, cheerful restaurant. Their savory menu items are sure to please customers with all different tastes. They serve light breakfast and lunch items. Quality coffee and pastries served hot and fresh starting at 7:00 a.m. The lunch menu includes premium items such as, delectable soups, sandwiches, salads and desserts.

The company has built an excellent reputation through continuously satisfying its customers for nearly a decade.

It is unique in that the great majority of its clientele are working people in downtown Cedar Rapids. Therefore, the owners have decided not to open for dinner hours nor on weekends. The stores hours are Monday through Friday 7:00AM – 4:00PM.

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Detailed Information

Inventory:
Not included in asking price
Facilities:
Excellent condition.
Growth & Expansion:
Some potential opportunities for growth include: • Increasing the number of wholesale accounts • Pursue more catering opportunities • Open the restaurant on weekends for special events (i.e. before/after events at the Paramount Theater) • Open additional locations
Support & Training:
Yes.
Reason for Selling:
Pursue other opportunities.
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Contact the Seller

(from currently available funds)
 
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Jeff Hennessey

Business Listed By:
Jeff Hennessey

The Jennessey Group, LLC

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