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Restaurant, Sports Bar And Family Amusement Center
Location Iowa,United States
Asking Price Range < $250K
Gross Revenues $3
Net Profit / Cash Flow $125
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2008
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Out of state owner / lost management.
Description Ready to open now! 15 minutes West of Urbandale and WDM. Turnkey Business and Building with 5,850 Square Foot For Sale or Lease. Owner financing, low overhead, licensed, insured.
Lease Option 1 = $15,000 turnkey, $8 ft. = $3,900 month, NNN
Lease Option 2 = $25,000 turnkey, $6 ft. = $2,925 month, NNN
Purchase Option = $55,000 Down, 8% int. = $1,614 month pi, 5 year Balloon with $275,000 Total package price. No franchise fees ever!
Other National Franchise Costs are between $300,000 to $650,000 for the build out of Lease space and Start up costs. Then you have to pay between $10 and $22 a foot for the lease space plus CAM fees. After that the franchise will charge you 7% of your sales for royalties and advertising. These Companies restrict what you can do and what you can sell. Here you can option Laser Tag, Billiards, Movie Theatre, Bowling, Mini Golf, Arcade, Grocery or Convenience Store, Wedding Receptions, Company Parties, A Pawn Shop, Consignments, Antiques, Ice Cream etc.
With 2 Schools just 3 blocks away, a local personality is needed to make this business take off. Please email or call 515-537-0944 Immediately. Have a great Day!
Click Here To Contact Seller
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