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Restaurants For Sale
Location: United States -> Iowa -> Des Moines
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

These fast casual Restaurants for Sale are your opportunity to control your own destiny and replace those six figure earnings. We're not talking about $100,000 but we're talking about #207,051 if you manage one store and keep a manager remain in place at the second. This will qualify for lending in under a week if you bring 20% or 30% of the purchase price to the table with the restaurant brokers SBA lending resources.

One store is in Ames Iowa, conveniently located in the heart of the Midwest and Iowa. The area is known for its healthy, stable economy, flourishing cultural environment, and the world renowned Iowa State University with student enrollment of around 36,500. This college town business is making some serious money. Area includes world class companies including 3M, Barilla, BASF, Boehringer Ingelheim, Danfoss, Syngenta, and many others.

The second store is located near the center of Iowa in the city Des Moines, This is the political, economic, and cultural capital of the state and the center of the insurance, government, medical, printing, finance, publishing, and retail/wholesale trade, providing a diverse economic base. With a population cited as 456,000, metropolitan Des Moines provides the advantages of a big city with the atmosphere of a small town. 800,000 people live within a one hour drive of Des Moines Trade Area.

These two fast casual restaurants for sale have excellent locations, leases, and earnings. The two Restaurants for Sale feature dine-in, pick-up, and delivery service. The first of the two locations is 3118 square feet and seats 30 guests and the second location is 2515 square feet and seats 30 guests. The rent for one store is just $3150 per month and the second one is only $2934 per month. We're talking about rent as a rate to sales of just 5.5%. That's why you're able to take home such high earnings from these two restaurants for sale. For more information contact Robin Gagnon at We Sell Restaurants 404-800-6700


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,481,730
Cash Flow:   $206,836
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2003
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Training available
Reason For Selling:  Relocation

Photos

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Restaurants For Sale Photo 1




Print Listing Id: 700279914
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Iowa Businesses For Sale > Iowa Franchises For Sale > Iowa Business Brokers



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