Restaurant For Sale - NEW
Location:
Central Iowa
Type:
Financial Information:
Purchase Price:
$525,000
RE included in purchase price
Annual Sales:
$468,665 (2019), $470,255 (2018)
Annual Net Profit:
$25,713 (2019), $23,675 (2018)
Recasted Cashflow:
$81,642 (2019), $80,624 (2018)
Equipment Value:
$55,000
Inventory Value:
$15,000
Terms:
Cash
Building and Property:
Monthly Rental:
n/a
Lease Information:
Square Footage:
2,300
General Information:
Years Established:
16 year(s)
Required License(s):
Sales Tax Permit, Food License, Liquor
Employees:
3 FT, 20 PT
Business Hours:
5p-9p (Tu-Th), 5p-10p (Fr.& Sa)
Reason for Sale:
Retirement
Additional Comments:
Real estate includes three parcels.