0 Confidential AddressBoone, IA 50036

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.

Location Insight

City

Boone

County

Boone

State

Iowa

Latitude

42.0528

Longitude

-93.8655

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