Iconic Sports Bar/Grill | KReate

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Iconic Sports Bar/Grill

Des Moines,

Iowa

Financial Information

Annual Sales

$701,700 (2021)

Annual Net Profit

$35,300 (2021)

Recasted Cashflow:

$110,000 (2021)

Equipment Value

$35,000

Inventory Value

$10,000

Terms

Cash

Building & Property

Monthly Rental

$4,200

Lease Information

two five-year options

Square Footage

3,000

General Information

Years EST

20+

Required Liscense(s)

Sales tax, liquor license, food license

Employees

2 FT, 8 PT

Business Hours

3p-2a (M-F), 11a-2a (Sa-Su) –

Reason for Sale

Retirement

Notes

Purchase price = $250,000 + inventory

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$250000

Bar/Grill

Des Moines,

Iowa

Financial Information

Annual Sales

$701,700 (2021)

Annual Net Profit

$35,300 (2021)

Recasted Cashflow:

$110,000 (2021)

Equipment Value

$35,000

Inventory Value

$10,000

Terms

Cash

Building & Property

Monthly Rental

$4,200

Lease Information

two five-year options

Square Footage

3,000

General Information

Years EST

20+

Required Liscense(s)

Sales tax, liquor license, food license

Employees

2 FT, 8 PT

Business Hours

3p-2a (M-F), 11a-2a (Sa-Su) –

Reason for Sale

Retirement

Notes

Purchase price = $250,000 + inventory

$250000

© 2022 KReate. Designed by Nexus 6.
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