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BUSINESS FOR SALE - PROFILE #  42610006

Burrito Torpedo (Burrito Restaurant)
Newton, IA

Asking Price: $40,000   Down Payment: $4,000  
Gross Revenue: $130,000   Adj. Cash Flow*: $30,000  
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Executive Summary
VERT UNIQUE OPPORTUNITY. 
Great location on the town square with connections to the biggest attractions in the Newton area.  This restaurant is newly remodeled and very clean.  It is also the only location permitted to sell beer on the village square.  Seating for 45 dine in customers as well as 1,500 ft. of storage space in the basement.  Website has the ability to take orders for delivery of food.  Good revenue and margins with growth potential not found in small town Iowa restaurant or at a single location restaurant.  Great selection of Ingredients, all with that homemade goodness you can't get from commercially prepared food.

Additional benefits:
Concession space at the Newton Kart Klub is included in the sale  
Iowa Speedway concession space option is also part of the sale
Location has a beer license
Contact the broker for details on the Newton Kart Klub & Iowa Speedway concession spaces.

If you are looking for a restaurant that has more than walk-in potential this is a must see.

Acquisition Highlights

  • Financing Information:  Third Party
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2016 Inventory:
Furniture, Fixtures & Equipment:
Lease/Rent: $800 Real Estate:
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Alan Youda
Phone:  (515) 393-4404
E-mail:  alan@desmoinesvr.com
VR BUSINESS BROKERS - DES MOINES, IA
2203 Grand Avenue
Suite 104
DES MOINES, IA 50312
www.desmoinesvr.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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