Asking Price
$3,250,000
Gross Revenue
$9,134,230
Net Profit
$787,063
The two locations are strategically situated within the Des Moines area, these offerings include dine-in options for those who wish to enjoy their meals on-site, take-out for customers in a hurry, drive-through for added convenience, baked goods for sale both on-site and online, and events catering for various occasions with event space in house. The business employs between 100 � 120 dedicated staff members across both locations. This team includes a General Manager who oversees daily operations at each site; a Director of Operations who ensures consistency across all aspects of the business; four Shift Leads responsible for managing teams during peak hours; Line Cooks, Cashiers, Bakery Associates, and food service staff. The owner holds more of a visionary role, allowing him to be semi-passive in the business. These duties can easily be absorbed by existing staff members or new leadership once the business is sold. Priced at $3,250,000, a 10% down payment of $325,000 returns $429,019 in the first year after debt payments! Growth opportunities include incorporating additional locations into its portfolio or franchising its successful brand throughout other markets in Iowa or beyond.
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