Bar Wings iStock 471014686

Successful and profitable 110 seat neighborhood American pub with full service restaurant in the heart of a small rural Iowa town. 

  • Casual family-friendly atmosphere, with clean and open spaces  
  • Open for lunch and dinner
  • Ample big screens for sports and more
  • Off-street parking 

Business Price: $400,000 

Historic Sales 
2017: $755,000 
2018: $826,000 
2019: $975,000 
  • Annual Seller's Discretionary Earnings: $75,000 
  • Very reliable manager in place, making $36k
  • Seller works less than 20 hours per week, retiring
  • Capacity to do $1.8MM in annual sales
  • Near the new Amazon Faclity site
Great blend of regulars, work-place parties, business lunches, family diners and late night (close at 11pm) crowd.  
  • Location: North Scott County, Iowa 
  • Size: 3,400 sf on ~1 acre  
  • Seats: 65 inside, 45 outside 
  • Year Started: 2014
  • Monthly Rent: $3,000
  • Seller's Property Valuation $500K - not included in business price
  • Furniture, Fixtures & Equipment: $315,000
  • Bar: Full service, 8 Beer handles 
  • Menu: 48 Items with signature apps, sandwiches, soups and entrees 
  • Pricing: $7-$10 apps, $10-$11 sandwiches, $11-$13 entrees 
  • Sales Mix: 50-55% Food, 25-28% Beer, 17-19% Liquor-Wine, 3-4% Other 
  • 4.5+ Stars on all review sites
  • Over 2,200 followers on FB
  • Over 200 reviews on Google 

 

Upon receipt of this completed and digitally executed NDA below (or from direct link here) we will follow up by phone and/or e-mail to qualify providing the complete offering memorandum and schedule a time to discuss the opportunity further.