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Established Family Restaurant

Southern Iowa,  

Iowa

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KR Listing Logo

Financial Information

Annual Sales

$850,635 (2021), $670,202 (2020)

Annual Net Profit

$34,613 (2021), $38,917 (2020)

Recasted Cashflow:

$105,344 (2021), $104,805

Equipment Value

$30,000

Inventory Value

$8,000

Terms

Cash

Building & Property

Monthly Rental

$N/A Owns the real estate

Lease Information

N/A Owns the real estate

Square Footage

3,200

General Information

Years EST

19 years

Required Liscense(s)

Sales tax, Food license

Employees

12 FT, 15 PT

Business Hours

6a-10p seven days  –

Reason for Sale

Other Business Interest

Notes

Real estate is for sale – asking $830,000. 2019 Appraisal = $880,000 Business (only) asking price = $120,000

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$120000

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Restaurant

Southern Iowa, 

Iowa

KR Listing Logo black

Financial Information

Annual Sales

$850,635 (2021), $670,202 (2020)

Annual Net Profit

$34,613 (2021), $38,917 (2020)

Recasted Cashflow:

$105,344 (2021), $104,805

Equipment Value

$30,000

Inventory Value

$8,000

Terms

Cash

Building & Property

Monthly Rental

$N/A Owns the real estate

Lease Information

N/A Owns the real estate

Square Footage

3,200

General Information

Years EST

19 years

Required Liscense(s)

Sales tax, Food license

Employees

12 FT, 15 PT

Business Hours

6a-10p seven days – 

Reason for Sale

Other Business Interest

Notes

Real estate is for sale – asking $830,000. 2019 Appraisal = $880,000 Business (only) asking price = $120,000

$120000

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KR Business Brokers, Inc. 6600 University Ave. Des Moines, IA 50324
515.224.0101

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Confidentiality Agreement.

In connection with a possible acquisition (the “Proposed Transaction”) by you, KReate and subsidiaries (KR) will furnish to you information regarding the business, financial condition, operations and prospects of the Company (the “Proprietary Information”). In consideration of obtaining the Proprietary Information, you hereby agree as follows:

  • All Proprietary Information furnished by us or the Company to you will be deemed confidential.
    The term Proprietary Information does not include any information, which is, or becomes,
    generally available to the public or is already in your possession.
  • Unless KR otherwise agrees in writing, you will not disclose or reveal any Proprietary Information
    for five years from the date hereof to any persons or entities other than your employees or your
    representatives actively and directly participating in the evaluation of the Information for any
    purpose other than in connection with the Proposed Transaction.
  • Although you understand that KR and the Company have included in the Proprietary Information
    certain information that KR considers to be relevant for the purpose of your investigation of
    proposed Transaction, KR does not make any representation or warranty as to its accuracy or
    completeness.
  • If you determine that you do not wish to pursue the Proposed Transaction, you will promptly advise
    us of this fact and will deliver to us all the Proprietary Information furnished to you without
    retaining copies, summaries, analyses or extracts thereof. In any event, KR would expect all
    information to be returned to us within ten days of receiving it, unless agreed to otherwise.

If you are in agreement with the foregoing, please complete this on-line form and mark the ‘I understand and agree to the NDA…’ box