The Phoenix Martini Bar & Restaurant Acquisition Opportunity

Description

Restaurant business for sale in the Valley Junction area of West Des Moines, Iowa.

The restaurant generates approximately $2 million in annual gross revenue.

The sale is for the business only. Real estate is not included, and the operation remains subject to the existing leases.

Current operation

• Breakfast, lunch and dinner service
• Established weekend brunch business
• Full commercial kitchen
• In-house bakery
• Coffee program
• Full-service bar
• Private event space

Daytime service currently represents a significant part of the business.

Dinner has received less emphasis from ownership and may provide room for additional sales.

The private event area is also used below its available capacity and could support more parties, group dining and catering work.

Current ownership works in the business on a part-time basis. Payroll, HR and purchasing are handled remotely.

Written procedures and operating systems are already in place for daily restaurant management.

Included in the sale

• Furniture and fixtures
• Commercial kitchen equipment
• Bakery and specialty kitchen equipment
• Bar equipment
• Customary food and beverage inventory

The existing buildout and equipment represent a substantial prior investment and are already installed for the current operation.

The owners are relocating internationally and will provide approximately 90 days of training and transition assistance after closing.

Qualified buyers may review internal financial reports and POS data after signing a confidentiality agreement.