Confidential Address Boone, IA 50036
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 0 Confidential Address
- Property type
- Commercial real estate
Description
This thriving Thai restaurant, located in Boone, Iowa (zip code 50036), presents a unique opportunity for a buyer seeking an established business in a desirable location. The business boasts a strong track record, generating a gross revenue of $477,452 and a Seller's Discretionary Earnings (SDE) of $113,242. The asking price is $180,000, which includes $51,400 in furniture, fixtures, and equipment (FF&E). Currently employing 14 people, this well-regarded restaurant is a local favorite known for its authentic Thai cuisine. The seller is relocating and offering three weeks of support and training to ensure a smooth transition. A non-compete agreement is in place for 30 miles for five years, protecting the buyer's investment. The business has been successfully operated for six years and is not a franchise. This presents an excellent opportunity for an owner-operator or an industry professional looking to expand their portfolio through acquisition. The confidential address is available upon request.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Boone
- County
- Boone
- State
- Iowa
- Longitude
- -93.8655
- Latitude
- 42.0528