Locally-Owned Destination Restaurant

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Serves authentic regional American cuisine to a fiercely loyal customer base.
Asking Price:
$100,000

Gross Revenue:
$214,466
Cash Flow:
$54,242
EBITDA:
$54,242
Inventory:
$4,000
included in asking price

FF&E:
$5,160
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This locally-owned destination restaurant for sale in Des Moines, Iowa has been in business since 2003. The business enjoys a loyal following of customers who come to them for the authentic regional American cuisine they serve. The business prides itself in using only quality, authentic ingredients for their menu items. Located along a busy road in a popular neighborhood, it also gets great traffic from both visitors and area residents. The restaurant seats 49 diners and does a high volume of take-out orders.

About the Business

Location:
Des Moines, Iowa
Year Established:
2003
Number of Employees:
9
Relocatable:
Yes
Facilities:
The 1,800 square foot restaurant is leased and the majority of the restaurant equipment is owned by the landlord and will stay with the business. Parking is readily available along the street in front or in a parking lot behind the building.
Market Outlook/
Competition:
The loyal clientele for this business is a definite competitive advantage. The customers will sometimes come multiple times during the week for the different specials offered
Growth & Expansion:
Although this business is already quite popular, growth could happen by building upon their excellent reputation for the authentic food. Expanding hours, adding alcohol and implementing a marketing campaign could increase revenues for the business.
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About the Sale

Reason For Selling:
Pursuing other business interests.
Training/Support:
Training available from Seller.

Listing Info

ID:
1645241
Ad Detail Views:
387

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Business Listed by

Dennis Henderson

Benchmark Business Group

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Sponsoring Broker:

Robert Clements
Benchmark Business Group


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