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Business for sale: Restaurant - #5249

Ad ID: 12875

Location: United States - Iowa - Undisclosed

Published on January of 2008 | 88 visits | 0 contacts


Business data

Description:
RESTAURANT: This is a multi – location, family dining, food and beverage business with locations statewide. There are 250 + employees.
Each location has a separate management team. Additionally, a senior management team is in place, excluding the owners. The management team can remain for a new buyer and these key employees have the ability, knowledge and expertise to manage the entire operation. Senior management has been active in local and state organizations affiliated with their market. This business continues to be profitable and strong with excellent service, good vendor relations, and loyal customers.

Sale details

Price:
5,500,000 $
Reasons for selling:
Other interests
Object of the sale:
Type of Company: S.A./Inc.
Assets

Financial information

Net profits:
982,861 $
Sales of the last 1 year:
9,158,257 $

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