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Contact Information

  • Murphy Business & Financial of the Heartland Corp.
  • 101 3rd Ave. SW, Suite 215
  • Cedar Rapids, Iowa, 52404
  •  
  • Phone: 319-294-1904
  • Fax: 877-269-8114
  • Contact Us
 

 

Steakhouse Restaurant with Real Estate

  • Listing# : 13672
  • Listed Price : $300,000
  • Total Sales : $508,327
  • SIC : 5812
  • Down Payment : $300,000
  • Status : Active
  • Discretionary Earnings : $43,981

Business Type :

Restaurants / Steak Restaurant, Restaurants / American Restaurant, Restaurants / Barbecue Restaurant, Restaurants / Buffett, Restaurants / Full-Service Restaurants

Business Description :

Steakhouse business and Real Estate for just $300,000. This full service restaurant is open only 25 hours per week with sales of $508,000 in 2016 with cost of good sold percentage of 53% in 2016. This well-established enterprise has been in business for over fifty years. The facility seats over 250 diners. It is well located on major highway and offers patrons plenty of parking. The business is very highly rated by customer reviews.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $150,000
    • Incl : Yes
    • Inventory $20,000
    • Incl : No
    • Liabilities $0
    • Incl : No
    • FF&E $40,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl : No
    • Total Assets $190,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

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