Steak House & Sports Bar
Location:
United States
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Iowa
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Mount Pleasant
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
This Owner operated business has operated two businesses from conception. These two businesses are a steak house and sports bar, located on the same lot. The steak house was opened in 1988 and primarily features all you can eat salad bar and hot food bar, ''Buffet Style''. The sports bar opened in 1998 and offers food, drinks and a banquet facility that seats up to 150. These businesses successfully provide great food, a great atmosphere and great service to the local and surrounding communities. They are in a prime location with heavy traffic next to four hotels and across from a new Wal-Mart Super-Center. These are well-established businesses, one operating 17 and the other 7 years, with great reputations and high levels of repeat customers. Successfully operated, these businesses have great expansion potential. Contact for more information on this Steak House & Sports Bar business for sale.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$1,515,573
Cash Flow:
$954,733
Cash Flow Type: EBITDA
Seller Financing: Not Disclosed
About The Business
Year Established: 1988
Number of Employees: 50 - 99
Relocatable: Not Disclosed
Franchise: No
Current Real Estate: Owned
About The Sale
Management Training and Support: The Owner is willing to remain as long as needed.
Reason For Selling: The Owner wishes to focus on other business int...
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 70027990
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