Non-Disclosure & Confidentiality Agreement Link
Location: Eastern Iowa
Established: 1991
Current Ownership: Since 2023
2023 Gross Sales: $665K
2022 Gross Sales: $710K
Minimum Business Asking Price: $75,000
- Includes ~$40K in updated FF&E
- Includes ~$86K in capital improvements & bar/restaurant upgrades
Commercial Property & Building Seller's Valuation*: $330,000
- *Not included in the business asking price
- Business owner wishes to sell the property with the business, for its appraised value
Business Summary
An iconic local sports bar and restaurant adjacent to a regional private college with decades of loyal customers. The Business offers a full bar, and dine-in and carry-out menu, 7-days a week.
Staffing: 5 Full Time, 20 Part-Time
Facilities: 3,800+ sq. ft. building on approximately .24 acre with seating for up to 200 people.
Competition: Turn-key operation with minimal competition in the immediate area.
Reason for Selling: Ownership must focus on recently developed competing priorities.
Next Steps
Qualified buyers that complete the NDA form linked below will be provided detailed information about the opportunity via a Confidential Information Memorandum (CIM) 1.0, including:
- 2022 v 2023 P&L
- Equipment List
- Website Information
- Location Information
- Staffing Information
- Site & Equipment Photos
Non-Disclosure & Confidentiality Agreement Link
Seller is advised by Marigold Resources in Davenport, Iowa and Seller pays Marigold's fee.
Please contact Marigold Resources at (563) 424-5707
Chris Barnard - Managing Partner cbarnard@marigoldresources.com
Todd McGreevy - Managing Partner todd@marigoldresources.com
DISCLAIMER: All information contained in this document has been provided by the subject company to Marigold Resources and while believed to be correct has not been verified. Accordingly, Marigold Resources makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that Marigold Resources shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Marigold Resources of this document. Marigold Resources’ fee is paid by the Seller.