||Employees||6 full, 40 part
* Included in Asking Price
Here's your opportunity to own a business in one of the most in-demand segments of the restaurant category. The Seller has implemented proven systems used in managing businesses of different industries to run this one as a management business, dialing in seat to serve times, operational costs, a team philosophy and creating a culture that brings back loyal raving customers and attracts new fans daily. Nearly 5-point reviews from Yelp, Google, and TripAdvisor. By the numbers- The result is 15.8 % net operating income and 22.5% SDE in 2019. With a 20% down payment, a Buyer has a potential to earn up to an 80% cash on cash return on invested down payment. Read the last line again and let it sink in.
2020 sales are solid already. Great location that pulls people from all over Central Iowa. This business is solid, growing, and poised for expansion to other locations, or perfect for franchising. A great business for a single owner, or investor group to add onto an existing portfolio.
If you've wanted to own a successful business, with loyal employees, raving customers, clean financials and highly profitable, this one is the recipe for success. Contact Matthew Ashburn today- it won't last!
Required Licenses: Food, Alcohol, Liquor
|Growth Potential:||There is opportunity within the business to expand into additional revenue streams, be open 7 days, add additional locations, or franchise the concept.|
|Training/Support:||Seller will provide a negotiated training and transition period as part of the purchase to train Buyer on the implemented systems that make the business successful.|
|Seller Financing:||Seller will consider some financing for a qualified buyer|
|Sale Reason:||Retirement & Family Issues|
Seller Reference #ANKENIA001-N555
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