MergerPlace

New, Full Service, Sports Restaurant

Iowa (Linn)


  • Asking Price: $125,000
  • Gross Income: $800,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $204,214
  • Listing ID: #198947
  • Established: 2016
  • Employees: 1 FT/ 19 PT

Business Description

Great value for this absentee-owned sports bar and grill with totally new facility, equipment, furniture and build-out. This sports-themed venue features several high quality TV's and sports decor. It provides a place for family fun, casual lunch and sporting events. The full service restaurant and full bar staff serve American cuisine featuring sports grill favorites like wings and burgers. Motivated seller -- Priced to sell quickly!


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Iowa
County: Linn

Company Information

Year Established: 2016
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT/ 19 PT

Financial Information

Asking Price: $125,000
Gross Revenue: $800,000
FF&E: $204,214
Seller Financing Available: No

Property Information

Facilities:

Located in The Fountains in Cedar Rapids, one of the most booming areas in Iowa. Beautiful new mixed use work/play development with: Retail; Offices; Services; Grocery Superstore Surrounded by increasingly busy streets and highway. Affluent households with discretionary income nearby. Plenty of parking. Seats 170. Potential additional outdoor seating. Extensive tenant improvements (TI) to be acquired with lease. Seller recently invested nearly $800,000 in facility improvements.

Growth & expansion opportunities:

Emerging opportunity yet to achieve potential and utilize the capacity of the facility and equipment.

Support & Training:

Perfect for a seasoned operator with bar or restaurant management experience. Licenses: Linn County food service and city and Cedar Rapids beer, wine and liquor.

Contact Business Seller

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Business Listed By:

Brian Brown

Murphy Business Brokers