Trendy Restaurant & Bar in E. Iowa
A hidden gem in the heart of a downtown area in Eastern Iowa that is located near performance theatres, convention centers, and hotels. The Business offers a full bar and dine-in menu, 4 days a week.
The restaurant operates from 1,670 sq. ft. of leased space in a historic building in a prime downtown location with seating for 60 people. The property features a contemporary design and updated kitchen equipment.
Staffing: 1 Full-Time, 6 Part-Time
Competition: This business is in a prime downtown location.
Growth & Expansion: Additional operating hours would increase profits.
Next Steps
Qualified buyers who complete the NDA form will be provided detailed information about the opportunity via a Confidential Information Memorandum (CIM) 1.0, including:
- 2021-2024 Financials
- 2024 Balance Sheet
- Lease Agreement
- Equipment List / Building Improvements
- Social Media & Google Information
- Location Photos
- Next Steps
Financials (USD)
Asking Price $200,000
Cash Flow Not Disclosed
Sales $435,000
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? No
Willing to co-broke? Available On Request
Principals only? No
Franchise? No
Management will stay? Yes
Relocatable? No
Real Estate? No
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