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Pandemic Proof! 2020 sales and profits increased over 2019! 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 many different business 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 guests and attracts new fans daily. Nearly 5-point reviews from Yelp, Google, and TripAdvisor.
By the numbers- The result is 15% net operating income and 22% recasted SDE in 2020. 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 Iowa and multiple states beyond. 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 highly profitable successful business, with loyal employees, high retention raving guests, clean financials, this one is the recipe for success. Real estate is also available, for an additional $925,000.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.