Beloved Landmark Tavern

Asking Price$196,161

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$10,000
Included in asking price
FF&E$47,000
Included in asking price
listing imageSave

Beloved Landmark Tavern


Asking Price$196,161

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$10,000
Included in asking price
FF&E$47,000
Included in asking price
Business Description
Kathy’s 14th St Tavern is a long-standing "neighborhood bar" located in Des Moines, IA. Established as a community staple, the tavern is known for its multi-generational customer base and loyal following. The business is currently offered for $196,161 as a turnkey hospitality opportunity due to the owner's retirement.
About the Business
Years in Operation
51
Employees
9 (1 Full-time, 8 Part-time)
Facilities & Assets
Furniture, Fixtures, & Equipment (FFE): Valued at $47,000. This includes well-maintained coolers, taps, and functional POS systems.
- Inventory: Estimated at $10,000 at cost (includes food and beverages).
- Leasehold Improvements: $37,203.
- Replaced Cooling System on HVAC systems: $16,000.
- Furniture & Fixtures: $14,797.
- Machinery & Equipment: $21,977.
Website
https://www.facebook.com/14thstreettavern/photos
Market Outlook / Competition
Kathy’s Tavern occupies a prime, high-visibility anchor position on one of Des Moines’ most heavily trafficked arterial southside routes. In a market where authentic, neighborhood-scale venues are disappearing in favor of bland corporate chains, Kathy’s stands as the "only game in town" for patrons seeking a genuine tavern experience combined with high-capacity accessibility.
Opportunities for Growth
The expansion will focus on a mix of high-top communal seating to encourage a social bar atmosphere and versatile booth configurations for dining comfort. By utilizing ergonomic design, the tavern can maximize its square footage—turning underutilized corners into profit-generating zones—while maintaining the cozy, authentic charm that defines the brand.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,600
Rent
$3,000.00 per month
Lease Expiration
3/31/2030
About the Sale
Seller Motivation
Retirement
Transition Support
One of the most significant assets of this transition is the presence of a highly capable, long-term manager who will remain in place. This isn’t just a hand-off; it is a seamless leadership evolution. By retaining a veteran leader who understands the DNA of Kathy’s Tavern, the new ownership inherits a "ready-made" success engine, ensuring that the tavern’s momentum never skips a beat.
Financing Options
none
Listing Info
ID
2490191
Listing Views
Business Location

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Business Listed by: LegacyOne Brokers Legacy One Business Brokers

Listing ID: 2490191 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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