Classy Upscale Restaurant with $700,000 in Buildout and Equipment for sale in Ankeny, IA

Business Summary:
Located in Ankeny, Iowa, the business occupies a 1,500 sq ftspace with a capacity to accommodate up to 85 guests. Thisrecently renovated bar and grill boasts modern décor and abuildout worth $700,000 and has been transformed into ahigh-end eatery catering to dinner celebrations andbusiness/white-collar clientele. The establishment offersluxury cocktails and a modern twist on fan-favorite menuitems. Despite undergoing renovations in 2022, this businessstill generated $540,247. This business is not a franchise.Corporate will be available for training, consulting, andmarketing post close if buyer would like. The seller isabsentee, he lives out of state and is looking to divest.Priced at $149,500, a down payment of $55,500 secures$700,000 in hard assets and equipment at .21 cents on thedollar. The seller has offered to carry $30,000 of the purchaseprice, leaving the remaining balance between buyer andbank. This business is move-in ready and is equipped withthe necessary assets to begin operations.